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Reconstruction Aid, Public Infrastructure, and Economic Development

The Case of the Marshall Plan in Italy

Bibliographic Data

ID4982281
AuthorsNicola Bianchi (0000-0002-6919-294X, Northwestern University), Michela Giorcelli (University of California, Los Angeles, corresponding author)
Year2023
Volume83
Issue2
Pages501-537
Publication date2023-06-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic History (JOURNAL)
Journal identifiersISSN: 0022-0507 • E-ISSN: 1471-6372
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022050723000128
PMID39421726
OpenAlexW4367680501
LanguageEN
Citations received9
References cited20

The Marshall Plan (1948-1952) was the largest aid transfer in history. This paper estimates its effects on Italy's postwar economic development. It exploits differences between Italian provinces in the value of reconstruction grants they received. Provinces that could modernize their infrastructure more quickly experienced higher increases in agricultural production, especially for perishable crops. In the same provinces, we observe larger investments in labor-saving machines, the entry of more firms into the industrial sector, and a larger expansion of the industrial and service workforces

Archaeology · Business · Civil engineering · Development plan · Environmental planning · Geography · Marshall Plan · Plan (archaeology) · Political science · Politics · Regional science · Economic Growth and Productivity · Engineering · Global Financial Crisis and Policies · Italy: Economic History and Contemporary Issues

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Unique citing works9
Citations per year3
Citation span2023 - 2026 (4)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 8

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