The (in)visible side of the balance of payment: a revised estimates of Italy’s current account, 1862-1913

Giovanni Federico () and Andrea Incerpi ()

Department of Economics University of Siena from Department of Economics, University of Siena

Abstract: The accuracy of Italy’s current account series in the Liberal Age has been debated since ISTAT reconstruction in 1957, resulting in a few isolated attempts to shed lights on the topic. The aim of the paper is to provide a new estimate for the main components of the current account, that is trade balance and invisibles, taking into account some possible corrections and new methodologies to overcome the limited availability of data. Results suggest to deepen the analysis of post-Unification Italy looking to different perspectives

Keywords: Italy; current account; post-Unification (search for similar items in EconPapers)
JEL-codes: N13 N73 (search for similar items in EconPapers)
Date: 2024-07
New Economics Papers: this item is included in nep-his and nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:usi:wpaper:911

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