Francesco SamΓ
Abstract:
This article analyses the evolution of regional economic inequalities in Italy from 1911 to 2011, focusing on the role of market potential as a determinant of economic development. The Italian case is particularly relevant for two reasons: First, the process of industrialization has significantly widened the gap in GDP per capita between regions; second, it allows us to examine whether factors such as market potential have influenced and exacerbated regional development differences. Using methods from New Economic Geography (NEG), the study quantifies market potential and integrates it with variables such as industrialization, education and urbanization to explain income differences between Italian regions. The results show that market potential is a key variable for understanding regional differences in development. Despite improvements in the transport sector, the South's greater distance from the main domestic and foreign markets is the main obstacle to its economic development.
Tenth International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research - LIMEN 2024 - International Scientific-Business Conference β LIMEN 2024: Vol 10. Conference Proceedings , December 5, 2024
Conference Proceedings published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia
ISBN: 9788680194929 , ISSN: 26836149 , DOI: 10.31410/LIMEN.2024
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.
