Globalization, CO2 Emissions and Unemployment in Italy (World-System, 1950-2000+).

This page is UNDER CONSTRUCTION but you can study the graphic above and the State Space model outputs below. 

Notes

You can run the ITL20 Model in R-code (here). For more of my posts see Blog Roll: Italy, the Boiler Plate and the Introduction to State Space Models.

Questions

1. The ITL20 Model is stable and cyclical? A steady state can be maintained by the two historical controllers: IT2 = (KOF+HDI-LU-EF) a Globalization-Unemployment and IT3 = (LU-N-CO2-EG) an Emissions-Unemployment (see below), that is, Globalization and Emissions controllers. chatGPT concludes that these two controllers are tracking structural changes in the Economy of Italy. The historical structure involved IT3 = (Q - CO2) and the emerging structure involves IT2 = (Q -> -CO2). Do you agree?
2. To make things more complicated, how do the two historical controllers (IT2 and IT3) relate to conventional problems facing Italy?
   

Wikipedia Links

• Economy of Italy a highly developed social market economy. It is the third-largest national economy in the European Union, the 8th-largest economy in the world by nominal GDP, and the 12th-largest by PPP-adjusted GDP.
• Politics of Italy  conducted through a parliamentary republic with a multi-party system. Italy has been a democratic republic since 2 June 1946, when the monarchy was abolished by popular referendum and a constituent assembly, formed by the representatives of all the anti-fascist forces that contributed to the defeat of Nazi and Fascist forces during the liberation of Italy, was elected to draft a constitution, which was promulgated on 1 January 1948.
• History of Italy inhabited by humans since the Paleolithic. During antiquity, there were many peoples in the Italian peninsula, including Etruscans, Latins, Samnites, Umbri, Cisalpine Gauls, Greeks in Magna Graecia and others. Most significantly, Italy was the cradle of the Roman civilization.
• Geography of Italy includes the description of all the physical geographical elements of Italy. Italy, whose territory largely coincides with the homonymous geographical region, is located in southern Europe and comprises the long, boot-shaped Italian Peninsula crossed by the Apennines, the southern side of Alps, the large plain of the Po Valley and some islands including Sicily and Sardinia. 

ITL20 Model Measurement Matrix

IT1 = (Growth), IT2 = (KOF+HDI-LU-EF) a Globalization-Unemployment and IT3 = (LU-N-CO2-EG) an Emissions-Unemployment controller.

 ITL20 BAU Systems Matrix