Finance, Human Capital and Infrastructure: An Empirical Investigation of Post-War Italian Growth
Post-war Italy provides an interesting case to test for recent contributions on economic growth which play down the relevance of physical capital per se and stress its complementarity with infrastructure and less tangible factors such as finance and human capital. In truth, behind the remarkable aggregate performance, substantial public intervention did not heal the relative underdevelopment of the Southern regions.
O12 - Microeconomic Analyses of Economic Development ; O15 - Human Resources; Income Distribution; Migration ; O16 - Financial Markets; Saving and Capital Investment