This article reconsiders the growth of Italian industry from the First World War to the eve of the economic miracle, with the aid of sector-specific new value-added series, at three different price-bases. The new estimates reduce growth during the First World War, making the Italian case com-parable to the other belligerent countries, while improving the performance of the 1920s. The 1929 crisis looks more profound than before, while the recovery after 1933 is now stronger. During the 1920s and the 1930s, a significant shift from traditional to more advanced activities took place: when confronted with the rest of Europe, the interwar period was a relative success, which laid the ground for the following economic boom.

The roots of success: industrial growth in Italy reconsidered, 1911-1951, 2012.

The roots of success: industrial growth in Italy reconsidered, 1911-1951

FELICE, Claudio Emanuele
;
2012-01-01

Abstract

This article reconsiders the growth of Italian industry from the First World War to the eve of the economic miracle, with the aid of sector-specific new value-added series, at three different price-bases. The new estimates reduce growth during the First World War, making the Italian case com-parable to the other belligerent countries, while improving the performance of the 1920s. The 1929 crisis looks more profound than before, while the recovery after 1933 is now stronger. During the 1920s and the 1930s, a significant shift from traditional to more advanced activities took place: when confronted with the rest of Europe, the interwar period was a relative success, which laid the ground for the following economic boom.
Inglese
2012
Universitat Autònoma de Barcelona. Departament d’Economia i d’Història Econòmica. UHE Working Papers
4
1
43
BELLATERRA (BARCELLONA)
Universitat Autònoma de Barcelona
comitato scientifico
internazionale
A stampa
Settore SECS-P/12 - Storia Economica
Settore SECS-P/06 - Economia Applicata
Settore SECS-S/03 - Statistica Economica
Settore SECS-P/02 - Politica Economica
2
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10808/47688
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