 Italian Industrial Production, 1861-1913: A Statistical Reconstruction. B. The Extractive IndustriesStefano Fenoaltea (stefano.fenoaltea@uniroma2.it) No 413, Carlo Alberto Notebooks from Collegio Carlo Alberto Abstract: This paper is the second section of Italian Industrial Production, 1861 1913: A Statistical Reconstruction (in progress). It documents the derivation, from the historical sources, of the 27 time series that trace the physical product of the (abundantly documented) mining industry, of the further five series that trace the physical product of the (largely undocumented) quarrying industry, and of the corresponding estimates of value added per unit at 1911 prices. The quarrying output estimates are derived from the likely consumption of those materials by downstream industries; they are accordingly tied to domestic construction movements, rather than assumed to have followed the path of the documented component of the industry (the production of marble, which was largely exported). The unit value added estimates are presented in two versions: one is the conventional measure, which fails exceptionally to exclude the value of the principal raw material consumed by extractive activity, that is, the valuable stuff under ground; the other is the correct measure of the sector’s industrial value added, using the same definitions as are used for all other industries. Keywords: method; extractive industries; Italy (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:cca:wpaper:413 Access Statistics for this paper More papers in Carlo Alberto Notebooks from Collegio Carlo Alberto Contact information at EDIRC. |
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