A note on openness and economic growth in Italy, 1861-1994

'This paper analyzes the long-run relationship between trade (exports, imports and their sum) and growth for Italy using a nonparametric cointegration approach, which is less demanding than conventional methods in terms of assumptions on the data generating process. The authors find a positive...

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Hauptverfasser:	Ricciuti, Roberto, Margani, Patrizia
Format:	Artikel
Sprache:	eng ; ger
Schlagworte:	allgemeine Geschichte Determinanten determinants economic growth economic history Economic Policy economic theory Economics empirical empirisch empirisch-quantitativ Export General History Handelspolitik historical historical development historisch historische Entwicklung History Italien Italy National Economy quantitative empirical Theorieanwendung theory application trade policy Volkswirtschaftstheorie Wirtschaft Wirtschaftsgeschichte Wirtschaftspolitik Wirtschaftswachstum ökonomische Theorie
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Beschreibung
Zusammenfassung:	'This paper analyzes the long-run relationship between trade (exports, imports and their sum) and growth for Italy using a nonparametric cointegration approach, which is less demanding than conventional methods in terms of assumptions on the data generating process. The authors find a positive correlation between these variables. They relate this result with historical developments.' (author's abstract)
ISSN:	0172-6404