These conclusions focus on the following questions: How does the Italian case fit within the broaderanalysis of economic growth? Are the implications of growth theory confirmed by the 1861-2011evolution of the Italian economy? And how can the Italian experience help evaluate growth theoryitself? We conclude that in the first century after Unification the Italian economy represents a goodexample of convergence, which can be adequately described by the neoclassical growth model.Similarly, the subsequent slow-down experienced in more recent decades can be accounted for by thenew developments of the theory of growth, which have focused on the impact of human capital andinstitutions.

Considerazioni finali [Ricchi per sempre? Storici dell'economia ed economisti per i 150 anni dell'Unità d'Italia] / Bertocchi, Graziella. - In: RIVISTA DI STORIA ECONOMICA. - ISSN 0393-3415. - STAMPA. - 28:(2012), pp. 269-274.

Considerazioni finali [Ricchi per sempre? Storici dell'economia ed economisti per i 150 anni dell'Unità d'Italia]

BERTOCCHI, Graziella
2012

Abstract

These conclusions focus on the following questions: How does the Italian case fit within the broaderanalysis of economic growth? Are the implications of growth theory confirmed by the 1861-2011evolution of the Italian economy? And how can the Italian experience help evaluate growth theoryitself? We conclude that in the first century after Unification the Italian economy represents a goodexample of convergence, which can be adequately described by the neoclassical growth model.Similarly, the subsequent slow-down experienced in more recent decades can be accounted for by thenew developments of the theory of growth, which have focused on the impact of human capital andinstitutions.
2012
28
269
274
Considerazioni finali [Ricchi per sempre? Storici dell'economia ed economisti per i 150 anni dell'Unità d'Italia] / Bertocchi, Graziella. - In: RIVISTA DI STORIA ECONOMICA. - ISSN 0393-3415. - STAMPA. - 28:(2012), pp. 269-274.
Bertocchi, Graziella
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11380/739847
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