Il costo della vita al Nord e al Sud d'Italia dal dopoguerra a oggi. Stime di prima generazione
Giovanni Vecchi () and
Bilal Al Kiswani
MPRA Paper from University Library of Munich, Germany
Despite the fact that in 2011 Italy will celebrate the 150th anniversary of its political unification, geographical disparities stand out as a prominent characteristic of the country. The paper estimates the trend of the cost-of-living differentials across regions in the half-century after the Second World War. We find that the North-South gap has steadily increased, from 10 percent in 1951 to almost 20 percent in recent years. The divergence in prices highlights the delay, possibly the failure, of Italy’s economic integration. Its cost, in terms of both foregone economic growth and distributive equity, is borne by the entire Italian society.
Keywords: purchasing power parity; cost-of-living index; living standard; Balassa-Samuelson effect; economic integration. (search for similar items in EconPapers)
JEL-codes: R10 E31 N94 N34 N14 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-geo and nep-his
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Journal Article: Il costo della vita al Nord e al Sud d’Italia, dal dopoguerra a oggi. Stime di prima generazione (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:23486
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