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In post-Unification Italy the cyclical movements of the economy largely reflected those in the production of durable goods. The engineering industry has been seen as one that transformed metal into machines: its metal consumption suggests that investment in machinery followed the Kuznets-cycle...
Persistent link: https://www.econbiz.de/10011252962
In Italy two censuses were taken in 1911: the usual demographic census, that contains labor-force data, and the first industrial census, that contains employment data. The two yield aggregate figures that are very far apart. The literature directly concerned with estimating industrial employment...
Persistent link: https://www.econbiz.de/10011204270
This paper presents the second-generation estimates for the Italian engineering industry in 1911, a year documented both by the customary demographic census, and the first industrial census. The first part of this paper uses the census data to estimate the industry’s value added, sector...
Persistent link: https://www.econbiz.de/10011204271
In the literature the (Italian) engineering industry is seen as one that transformed metal into machines; its time path is inferred from that of its consumption of metal. Newly recovered evidence indicates that far more metal was turned into (traditional) hardware than into (modern) machines....
Persistent link: https://www.econbiz.de/10011204273