No. 38 - Technical Change, Non-Tariff Barriers, and the Development of the Italian Locomotive Industry, 1850-1913

Quaderni di Storia economica (Economic History Working Papers)
by Carlo Ciccarelli and Alessandro Nuvolari
November 2016
Vai alla versione italiana Site Search

The locomotive industry was one of the relatively sophisticated “high-tech” sectors in which Italy, a latecomer country, was successful before 1913. Using technical data on the performance of different vintages of locomotives, we construct a new industry-level index of technical change. We also study the impact of different policy instruments (import duties, non-tariff trade barriers and other discretionary interventions) in shaping the development of the industry. Our reassessment reveals the sound technological performance of Italian locomotives; the successful growth of this industry; and the critical role played by non-tariff barriers in its development.