IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/39092.html
   My bibliography  Save this paper

External Trade in Italy, 1922-38 .Some Evidence from Trade Index Numbers

Author

Listed:
  • Tattara, Giuseppe

Abstract

This paper presents new estimates of value and quantity indices for Italian exter-nal trade in goods from 1922 to 1938, Trade in goods is defined so as to exclude transit trade and reparations but to include trade with the Itahan colornes and possessions. The quantity is defined as the net weight of the goods transferred or their number, and the urnt value as the value per unit of quantity. The constructed price and quantlty indi-ces are fixed-weighted indices. What ISTAT tells us about the construction of their trade series is not much and is not by any means clear. Firstly, we are told that the available ISTAT series is a sample senes and, 'although it is claimed that the sample is very lar-ge, we are not told the categories that have been left out. Secondly, the old unlt value figures are chain indices applied to the Laspeyres formula, using the previous quantities as weights; a procedure that can considearably distort the price changes. Thirdly, quan-tity indices are indirectly obtained by dividing total current value indices by unit value indices, a procedure which is not particular1y recommended.

Suggested Citation

  • Tattara, Giuseppe, 1988. "External Trade in Italy, 1922-38 .Some Evidence from Trade Index Numbers," MPRA Paper 39092, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:39092
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/39092/1/MPRA_paper_39092.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Robert E. Lipsey, 1963. "Price and Quantity Trends in the Foreign Trade of the United States," NBER Books, National Bureau of Economic Research, Inc, number lips63-1.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Antonio Tena Junguito, 1992. "Las estadísticas históricas del comercio internacional: fiabilidad y comparabilidad," Estudios de Historia Económica, Banco de España, number 24, November.
    2. Barry Eichengreen, 1987. "Trade deficits in the long run," Proceedings, Federal Reserve Bank of St. Louis, pages 239-285.
    3. John Devereux & Zadia M. Feliciano, 2013. "Robert E. Lipsey," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 59(2), pages 375-380, June.
    4. repec:spo:wpecon:info:hdl:2441/670 is not listed on IDEAS
    5. Don Fast & Susan Fleck, 2019. "Unit Values for Import and Export Price Indexes – A Proof of Concept," NBER Working Papers 26373, National Bureau of Economic Research, Inc.
    6. Prabirjit Sarkar, 2001. "The North-South terms of trade debate: a re-examination," Progress in Development Studies, , vol. 1(4), pages 309-327, October.
    7. Yener Kandogan, 2004. "How Much Restructuring did the Transition Countries Experience? Evidence from Quality of their Exports," William Davidson Institute Working Papers Series 2004-637, William Davidson Institute at the University of Michigan.
    8. Charles W. Calomiris & Christopher Hanes, 1994. "Historical Macroeconomics and American Macroeconomic History," NBER Working Papers 4935, National Bureau of Economic Research, Inc.
    9. Brian D. Varian, 2018. "Anglo†American trade costs during the first era of globalization: the contribution of a bilateral tariff series," Economic History Review, Economic History Society, vol. 71(1), pages 190-212, February.
    10. Michael M. Knetter & Matthew J. Slaughter, 1999. "Measuring Product-Market Integration," NBER Working Papers 6969, National Bureau of Economic Research, Inc.
    11. repec:hal:wpspec:info:hdl:2441/670 is not listed on IDEAS
    12. repec:spo:wpmain:info:hdl:2441/670 is not listed on IDEAS
    13. Bridgman, Benjamin & Greenaway-McGrevy, Ryan, 2023. "The economic impact of social distancing: Evidence from state-collected data during the 1918 influenza pandemic," Explorations in Economic History, Elsevier, vol. 90(C).
    14. Andrew Thompson & Gary Magee, 2003. "A soft touch? British industry, empire markets, and the self‐governing dominions, c.1870–1914," Economic History Review, Economic History Society, vol. 56(4), pages 689-717, November.
    15. Dunlevy, James A. & Hutchinson, William K., 2001. "The Pro-Trade Effect of Immigration on American Exports During the Late Nineteenth and Early Twentieth Centuries," IZA Discussion Papers 375, Institute of Labor Economics (IZA).
    16. Gary B. Magee, 2004. "The Importance of Being British? Imperial Factors and the Growth of British Exports, 1870-1960," Department of Economics - Working Papers Series 923, The University of Melbourne.
    17. Dennis Appleyard & Shyam Gouri Suresh, 2014. "Crown Rule, Home Charges, and U.K.-India Terms of Trade," Working Papers 14-12, Davidson College, Department of Economics.
    18. J. David Richardson & Chi Zhang, 2001. "Revealing Comparative Advantage: Chaotic or Coherent Patterns across Time and Sector and US Trading Partner?," NBER Chapters, in: Topics in Empirical International Economics: A Festschrift in Honor of Robert E. Lipsey, pages 195-232, National Bureau of Economic Research, Inc.
    19. Yener Kandogan, 2003. "The Reorientation of Transition Countries??? Exports: Changes in Quantity, Quality and Variety," William Davidson Institute Working Papers Series 2003-631, William Davidson Institute at the University of Michigan.
    20. Douglas A. Irwin, 2000. "How Did the United States Become a Net Exporter of Manufactured Goods?," NBER Working Papers 7638, National Bureau of Economic Research, Inc.
    21. repec:hal:spmain:info:hdl:2441/670 is not listed on IDEAS
    22. Schuh, G. Edward & Brandao, Antonio Salazar, 1992. "PART THREE. The Theory, Empirical Evidence, and Debates on Agricultural Development Issues in Latin America: A Selective Survey," AAEA Monographs, Agricultural and Applied Economics Association, number 337233, january.
    23. Douglas A. Irwin, 1998. "The Smoot-Hawley Tariff: A Quantitative Assessment," The Review of Economics and Statistics, MIT Press, vol. 80(2), pages 326-334, May.
    24. Dale, Charles & Bailey, Victor & Baxter, Timothy & King, Elizabeth, 1981. "Measuring export prices," MPRA Paper 46342, University Library of Munich, Germany.

    More about this item

    Keywords

    italy; trade; unit values; fascism;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • N84 - Economic History - - Micro-Business History - - - Europe: 1913-

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:39092. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.