The Origins of the Italian Regional Divide: Evidence from Real Wages, 1861-1913

被引:49
|
作者
Federico, Giovanni [1 ,2 ]
Nuvolari, Alessandro [3 ]
Vasta, Michelangelo [4 ]
机构
[1] Univ Pisa, Dept Econ & Management, Econ Hist, Via C Ridolfi 10, I-56124 Pisa, Italy
[2] CEPR, Via C Ridolfi 10, I-56124 Pisa, Italy
[3] St Anna Sch Adv Studies, Inst Econ, Econ Hist, Piazza Martiri Liberia 33, I-56127 Pisa, Italy
[4] Univ Siena, Dept Econ & Stat, Econ Hist, Piazza San Francesco 7, I-53100 Siena, Italy
来源
JOURNAL OF ECONOMIC HISTORY | 2019年 / 79卷 / 01期
关键词
CONVERGENCE; PRICES; PERSPECTIVE; DIVERGENCE;
D O I
10.1017/S0022050718000712
中图分类号
F [经济];
学科分类号
02 ;
摘要
The origins of the Italian North-South divide have always been controversial. We fill this gap by estimating a new dataset of real wages (Allen 2001; Allen et al. 2011) from Unification (1861) to WWI. Italy was very poor throughout the period, with a modest improvement since the late nineteenth century. This improvement started in the Northwest industrializing regions, while real wages in other macro-areas remained stagnant. The gap Northwest/South widened until the end of the period. Focusing on the drivers of regional trends, we find that human capital formation exerted strong positive effect on the growth of real wages.
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页码:63 / 98
页数:36
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