Between Theory and Reality: Growth analysis of Italy in the Post-Keynesian Framework

Federica Arena ()

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

Abstract: This study aims to advance the analysis of Italian economic growth by examining the long-term relationship between autonomous demand and GDP through time series econometrics, while providing a comparative assessment of autonomous demand multipliers. The econometric analyzes support two key conclusions: first, that autonomous demand has been the long-term growth engine in Italy; and second, that the economic slowdown following Italy’s accession to the EU may have been driven by the low multiplier values associated with exports

Keywords: Supermultiplier Model; Italian Economic Growth; Vector Error Correction Model (VECM); Local Projections; Multipliers Jel Classification: C32; E12; E62 (search for similar items in EconPapers)
Date: 2026-01
New Economics Papers: this item is included in nep-eec
References: Add references at CitEc
Citations:

Downloads: (external link)
http://repec.deps.unisi.it/quaderni/937.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:usi:wpaper:937

Access Statistics for this paper

More papers in Department of Economics University of Siena from Department of Economics, University of Siena Contact information at EDIRC.
Bibliographic data for series maintained by Fabrizio Becatti ().