The growth process in a "dual" economic system

Authors

  • V.C. LUTZ

DOI:

https://doi.org/10.13133/2037-3643/11965

Keywords:

Italian economy, dualism, industrial development, wage level, economic growth

Abstract

It may be said that the Italian economy has remained - after about three quarters of a century of industrial development along modern lines - roughly half “advanced” and half “primitive”. The historical explanation for this dualism, which has persisted to a degree not found in other countries, depends on what we believe to be its root cause. Here, the author investigates what is in her view the most plausible explanation of its origin - the wage level. Moreover, some of its most important effects on the present structure of Italy’s economy are analysed. Finally, certain special aspects of the problem of economic growth that arise in the dual system are examined.


JEL: O11, O14, O52, E24


Downloads

Published

2014-03-28

How to Cite

LUTZ, V. (2014). The growth process in a "dual" economic system. PSL Quarterly Review, 11(46). https://doi.org/10.13133/2037-3643/11965

Issue

Vol. 11 No. 46 (1958)

Section

Editorial

License

 
 
Licenza Creative Commons
 
All material in this website and every article published by the Review are licensed under a Creative Commons Attribution - Non commercial - No derivates 4.0 International license.
The authors who publish on this journal maintain all rights on their works without any restrictions.