Market versus endowment : explaining early industrial location in Italy (1871–1911)
This article aims to explain the location of the manufacturing industries in Italy in the period 1871–1911. The analytical framework takes into account of two competing theories on the determinants of the location of economic activity: the Heckscher–Ohlin (H–O) theory on factor endowments and the new economic geography (NEG) theory on access to markets. The methodology used here is based on Midelf