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Italian National Accounts, 1861-2011

Author

Listed:
  • Alberto Baffigi

    (Bank of Italy, Structural Economic Analysis Department)

Abstract

A great deal of new quantitative research has been produced over the last three decades which has radically changed the received interpretation of Italian economic development. Against this backdrop, the Bank of Italy, Istat and the University of Rome "Tor Vergata", together with academics from other institutions, developed a project to estimate new historical national accounts time series. Our reconstruction covers the 150 years following the political unification of Italy and is based on the most up-to-date results in the literature. It provides estimates of supply and uses at constant and at current prices. The documentation could not be reported fully in the following few pages. The details will be presented in full in a book to be published in the coming months, co-authored by all who contributed to the enterprise. In this paper I draw a general picture of the new time series. I focus on historically significant periods, using them as case studies in order to illustrate some features of the new data, both technical and substantial. A detailed, if incomplete, methodological account of our work is given in the appendices.

Suggested Citation

  • Alberto Baffigi, 2011. "Italian National Accounts, 1861-2011," Quaderni di storia economica (Economic History Working Papers) 18, Bank of Italy, Economic Research and International Relations Area.
    • Handle: RePEc:bdi:workqs:qse_18
    as

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    References listed on IDEAS

    as
    1. Jonas, Paul & Sardy, Hyman, 1970. "The Gerschenkron Effect: A Re-Examination," The Review of Economics and Statistics, MIT Press, vol. 52(1), pages 82-86, February.
    2. repec:bdi:workqs:qse_1 is not listed on IDEAS
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    More about this item

    Keywords

    Italy; National Accounts; Historical data reconstruction;
    All these keywords.

    JEL classification:

    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-

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