Internal Geography and External Trade: regional disparities in Italy, 1861-2011.
This paper explores the interactions between external trade and regional disparities in the Italian economy since unification. It argues that the advantage of the North was initially based on natural advantage (in particular the endowment of water, intensive in silk production). From 1880 onwards...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
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Department of Economics (University of Oxford)
2011
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| _version_ | 1797073905875156992 |
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| author | A'Hearn, B Venables, A |
| author_facet | A'Hearn, B Venables, A |
| author_sort | A'Hearn, B |
| collection | OXFORD |
| description | This paper explores the interactions between external trade and regional disparities in the Italian economy since unification. It argues that the advantage of the North was initially based on natural advantage (in particular the endowment of water, intensive in silk production). From 1880 onwards the share of exports in GDP stagnated and then declined; domestic market access therefore became a key determinant of industrial location, inducing fast growing new sectors (especially engineering) to locate in regions with a large domestic market, i.e. in the North. From 1945 onwards trade growth and European integration meant that foreign market access was the decisive factor; the North had the advantage of proximity to these markets. |
| first_indexed | 2024-03-06T23:28:40Z |
| format | Working paper |
| id | oxford-uuid:6b47d331-d773-4fd5-b69c-9f1d1494a01a |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-06T23:28:40Z |
| publishDate | 2011 |
| publisher | Department of Economics (University of Oxford) |
| record_format | dspace |
| spelling | oxford-uuid:6b47d331-d773-4fd5-b69c-9f1d1494a01a2022-03-26T19:02:49ZInternal Geography and External Trade: regional disparities in Italy, 1861-2011.Working paperhttp://purl.org/coar/resource_type/c_8042uuid:6b47d331-d773-4fd5-b69c-9f1d1494a01aEnglishDepartment of Economics - ePrintsDepartment of Economics (University of Oxford)2011A'Hearn, BVenables, AThis paper explores the interactions between external trade and regional disparities in the Italian economy since unification. It argues that the advantage of the North was initially based on natural advantage (in particular the endowment of water, intensive in silk production). From 1880 onwards the share of exports in GDP stagnated and then declined; domestic market access therefore became a key determinant of industrial location, inducing fast growing new sectors (especially engineering) to locate in regions with a large domestic market, i.e. in the North. From 1945 onwards trade growth and European integration meant that foreign market access was the decisive factor; the North had the advantage of proximity to these markets. |
| spellingShingle | A'Hearn, B Venables, A Internal Geography and External Trade: regional disparities in Italy, 1861-2011. |
| title | Internal Geography and External Trade: regional disparities in Italy, 1861-2011. |
| title_full | Internal Geography and External Trade: regional disparities in Italy, 1861-2011. |
| title_fullStr | Internal Geography and External Trade: regional disparities in Italy, 1861-2011. |
| title_full_unstemmed | Internal Geography and External Trade: regional disparities in Italy, 1861-2011. |
| title_short | Internal Geography and External Trade: regional disparities in Italy, 1861-2011. |
| title_sort | internal geography and external trade regional disparities in italy 1861 2011 |
| work_keys_str_mv | AT ahearnb internalgeographyandexternaltraderegionaldisparitiesinitaly18612011 AT venablesa internalgeographyandexternaltraderegionaldisparitiesinitaly18612011 |