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Railways and manufacturing productivity in Italy after unification

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This paper contributes to the debate on the effects of transport infrastructure endowment on productivity by adding a historical perspective. This allows us to address the issue in a proving ground where the effects of the existing stock of infrastructure are negligible. At the time of unification, the Kingdom of Italy initiated a large infrastructure project to build railways. We find that railways had a positive effect on manufacturing productivity over the period 1871–1911. Railways also had strong spillover effects in neighboring provinces so that provinces that started with a higher endowment of railways benefited more than those who were newly endowed.
2020-12-14
WILEY
JRC114936
0022-4146 (online),   
https://onlinelibrary.wiley.com/doi/10.1111/jors.12484,    https://publications.jrc.ec.europa.eu/repository/handle/JRC114936,   
10.1111/jors.12484 (online),   
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