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. We find a positive correlation bet...

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Veröffentlicht in:Historical social research (Köln) 2009-01, Vol.34 (4 (130)), p.390-396
Hauptverfasser: Margani, Patrizia, Ricciuti, Roberto
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creator Margani, Patrizia
Ricciuti, Roberto
description 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. We find a positive correlation between these variables. We relate this result with historical developments.
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source Sociological Abstracts; JSTOR; EZB Electronic Journals Library
subjects Applied economics
Cliometrics
Economic Development
Economic growth
Economic policy
Empirical evidence
Gross domestic product
Historical Development
Imports
International economics
International trade
Italy
Long run economic growth
Null hypothesis
Open economies
Political history
Trade
Trade development
Trade policy
title A Note on Openness and Economic Growth in Italy, 1861-1994
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