Regional convergence in Italy, 1891–2001: testing human and social capital

Felice, Emanuele

doi:10.1007/s11698-011-0076-1

Cited by 73 publications

(30 citation statements)

References 40 publications

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“…In particular, Sicily often shows the lowest scores on the several indicators, while Trentino and Friuli‐Venezia Giulia regions show the highest scores. These and other data (Felice ; Veltri ) confirm the existence of a real difference in the Italian regions from north to south and, looking at the data in Appendix A, we can also observe differences among regions belonging to the same geographical area (north—south—central). Regional differences derive from historical development of both human and social capital.…”

Section: Regional Differences Among Italian Regionssupporting

confidence: 87%

“…To summarize, recent studies have drawn attention to the impact that three ecological variables, namely, human capital, participation in the labor market, and social capital, might have on financial literacy. Indeed, several studies have shown that among Italian regions, there are considerable differences regarding human capital (Bagnasco ; Bagnasco ), human development (Felice ), social capital (Putnam, Leonardi, and Nanetti ), and poverty levels (ISTAT ). We therefore expect that in each region, the dissimilar values of such variables influence to a different extent the three indexes of interest, that is, the Financial Knowledge Index (FKI), Financial Attitude Index (FAI), and Financial Behavior Index (FBI).…”

Section: Literature Review and Hypothesesmentioning

confidence: 99%

“…Regional disparities in human capital were already evident at time of unification, and then they decrease during the twentieth century thanks to, among other factors, economic policies. As to the social capital, remarkable imbalances were also present at time of unification but, unlike the human capital, the North–South divide remained virtually unchanged during the twentieth century (Felice , 292).…”

Section: Regional Differences Among Italian Regionsmentioning

confidence: 99%

See 2 more Smart Citations

Financial Literacy: The Role of the Local Context

Cucinelli

Trivellato

Zenga

2019

Journal of Consumer Affairs

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In this article, we investigate the role of local factors associated with the financial literacy of Italian adults (no. 945). Using a multilevel regression model, together with the common socioeconomic and sociodemographic variables already used in previous studies, we also add certain environmental variables at the local level. We separately analyze the three indexes that define the OECD financial literacy index—Financial Attitude Index (FAI), Financial Knowledge Index (FKI), and Financial Behavior Index (FBI)—because they show a dynamic of their own in each region. Our findings confirm that the FKI and the FAI are associated to some extent with environmental traits, while the FBI is not. We conclude that not only the sociodemographic and socioeconomic conditions of individuals but also certain features of the regional context where they live have an impact on their financial literacy. Consequences for financial education programs are highlighted.

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Section: Regional Differences Among Italian Regionssupporting

confidence: 87%

Section: Literature Review and Hypothesesmentioning

confidence: 99%

Section: Regional Differences Among Italian Regionsmentioning

confidence: 99%

See 1 more Smart Citation

Financial Literacy: The Role of the Local Context

Cucinelli

Trivellato

Zenga

2019

Journal of Consumer Affairs

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“…Modern theory subdivides the Industrial Revolution into two phases: a first phase with skill-saving technological change and minimal educational requirements, and a second phase where technological change increases the demand for human capital as skills become necessary for production (e.g., Galor 2005). 1 Because of the fundamental economic and social processes of change that occurred everywhere during the industrialization, it has become common to speak of an Industrial "Revolution" not only in the technological leader country Britain, but also in follower countries like Germany (e.g., Knut Borchardt 1973;Hans-Werner Hahn 2005). …”

Section: A the Industrial Revolution And Catch-up To The New Technolmentioning

confidence: 99%

Education and Catch-up in the Industrial Revolution

Becker

Hornung

Woessmann

2011

American Economic Journal: Macroeconomics

141

109

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Research increasingly stresses the role of human capital in modern economic development. Existing historical evidence—mostly from British textile industries—however, rejects that formal education was important for the Industrial Revolution. Our new evidence from technological follower Prussia uses a unique school enrollment and factory employment database linking 334 counties from pre-industrial 1816 to two industrial phases in 1849 and 1882. Using pre-industrial education as instrument for later education and controlling extensively for pre-industrial development, we find that basic education is significantly associated with nontextile industrialization in both phases of the Industrial Revolution. Panel data models with county fixed effects confirm the results. (JEL I20, J24, N13, N33, N63)

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“…There are not studies on the effects of these factors on the evolution of a particular sector, but the available quantitative evidence points out that their role as determinants of aggregated growth changed in different stages of development, with human capital being a significant determinant during the interwar years (Felice, 2012). While these factors may have in some way contributed to the agricultural divide, they seem to be more associated with the second industrial revolution.…”

mentioning

confidence: 99%

Von Thünen south of the Alps: access to markets and interwar Italian agriculture

Martinelli¹

2014

European Review of Economic History

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This paper sheds new light on the agricultural side of the Italian regional divide from an economic geography perspective, following a Von Thünen approach. The central hypothesis is that the development of the non-agricultural economy in Northern cities drove the location of agricultural output and inputs during the interwar years. A new database on Italian agriculture around 1930 fully confirms the key role of access to domestic markets in shaping agricultural activity. Thus, the causes of the falling behind of Southern agriculture are uncovered: it is not very surprising that an agricultural divergence joined an already ongoing industrial divergence during a period in which international markets collapsed.

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Regional convergence in Italy, 1891–2001: testing human and social capital

Cited by 73 publications

References 40 publications

Financial Literacy: The Role of the Local Context

Financial Literacy: The Role of the Local Context

Education and Catch-up in the Industrial Revolution

Von Thünen south of the Alps: access to markets and interwar Italian agriculture

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