The Age Distribution of the Labour Force as Evidence of Prior Events: The Italian Data for 1911 and the Long Swing in Investment from Unification to the Great War

Roberto Pezzuto ()
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Roberto Pezzuto: MSc. Candidate, Department of Economics and Finance, University of Rome Tor Vergata

No 42, Quaderni di storia economica (Economic History Working Papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: Data on the age distribution of the labour force, by activity, appear in numerous early twentieth-century European censuses; but economic historians seem never to have explored them. This paper provides an initial examination of the age-distribution data in the Italian census of 1911, showing how they shed light on various aspects of the economy of the day, and on its preceding path. A point of particular interest is that these data reflect the long cycle in construction, and in the production of construction materials. They further suggest that the long cycle of the engineering industry documented by its aggregate metal consumption was indeed present in the production of construction-related hardware, but notably absent from the production of machinery and, derivatively, industrial investment. This last point denies the empirical premise of the extant interpretations of Italy’s post-Unification industrial growth; but it sits we ll with the new disaggregated time-series estimates of the engineering industry’s product.

Keywords: Demographic Trends; Geographic Labour Mobility; Job, Occupational, and Intergenerational Mobility; Manufacturing and Construction in Europe: Pre-1913 (search for similar items in EconPapers)
JEL-codes: J11 J61 J62 N33 N63 (search for similar items in EconPapers)
Date: 2017-11
New Economics Papers: this item is included in nep-gro and nep-his
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Citations: View citations in EconPapers (3)

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