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dc.contributor.authorPercoco, Marcoen_US
dc.date.accessioned2010-11-29en_US
dc.date.accessioned2010-12-22T10:42:32Z-
dc.date.available2010-12-22T10:42:32Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/43469-
dc.description.abstractIn recent years a growing body of literature has begun to consider the possible presence of path dependence in the development processes of countries. This phenomenon has always been recognized in regional and urban studies because the path of development almost naturally follows a history-dependent spatial diffusion influenced by both physical geography and the quality of institutions. In this paper, I consider the case of firm concentration in Italy and its impact on local development. A large and growing literature has argued in favour of persisting effects of past institutions on current outcomes. Hence, in order to identify the impact of firm density on income, I use instruments from the history of a set of Italian cities: namely the presence of a university and status as a free-city state in the Early Middle Ages. I first show that those two variables had an important effect on the process of urban development between 1300 and 1861, together with favourable geographic conditions. Then, when I use these instruments to predict firm density, I find that the elasticity of income to firm density is close to 0.1. This result is interpreted as providing evidence of the historical roots of agglomeration economies in Italy.en_US
dc.language.isoengen_US
dc.publisherFondazione Eni Enrico Mattei (FEEM) Milanoen_US
dc.relation.ispartofseriesNota di lavoro // Fondazione Eni Enrico Mattei: Global challenges 2010,110en_US
dc.subject.jelO18en_US
dc.subject.jelR12en_US
dc.subject.ddc330en_US
dc.subject.keywordPath dependenceen_US
dc.subject.keywordUrban developmenten_US
dc.subject.keywordGeographyen_US
dc.subject.keywordInstitutionsen_US
dc.subject.keywordFirm densityen_US
dc.titlePath dependence, institutions and the density of economic activities: evidence from Italian citiesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn640677797en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:FEEM Working Papers, Fondazione Eni Enrico Mattei

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