Reconstruction Aid, Public Infrastructure, and Economic Development: The Case of the Marshall Plan in Italy

IF 2.5 1区 历史学 Q2 ECONOMICS
Nicola Bianchi, Michela Giorcelli
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引用次数: 0

Abstract

The Marshall Plan (1948–1952) was the largest aid transfer in history. This paper estimates its effects on Italy’s postwar economic development. It exploits differences between Italian provinces in the value of reconstruction grants they received. Provinces that could modernize their infrastructure more quickly experienced higher increases in agricultural production, especially for perishable crops. In the same provinces, we observe larger investments in labor-saving machines, the entry of more firms into the industrial sector, and a larger expansion of the industrial and service workforces.

重建援助、公共基础设施与经济发展:以意大利马歇尔计划为例
马歇尔计划(1948-1952)是历史上规模最大的援助转移。本文估计了其对意大利战后经济发展的影响。它利用了意大利各省收到的重建赠款价值的差异。能够更快实现基础设施现代化的省份,农业产量增长更快,尤其是易腐作物。在这些省份,我们观察到对节省劳动力的机器的更大投资,更多的公司进入工业部门,以及工业和服务业劳动力的更大扩张。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
2.80
自引率
4.80%
发文量
38
期刊介绍: The Journal of Economic History is devoted to the multidisciplinary study of history and economics, and is of interest not only to economic historians but to social and demographic historians, as well as economists in general. The journal has broad coverage, in terms of both methodology and geographic scope. Topics covered include money and banking, trade, manufacturing, technology, transportation, industrial organisation, labour, agriculture, servitude, demography, education, economic growth, and the role of government and regulation. In addition, an extensive book review section keeps readers informed about the latest work in economic history and related fields.
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