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Quality upgrading of Italian manufactures: evidence from firmsï¿½ prices and strategies

Giacinto, Valter Di; Micucci, Giacinto - Banca d'Italia - 2011

Even before the global crisis, the Italian economy was in difficulties internationally, but slow growth and a declining share of world trade were accompanied by a perceptible process of manufacturing transformation. This paper, using data from the Bank of Italyï¿½s survey of manufacturers,...

Persistent link: https://www.econbiz.de/10009020151

The Political Economy of Investor Protection

Tommasino, Pietro - Banca d'Italia - 2006

Why do some countries suffer from backward financial institutions and weak corporate governance rules? We show that, even if, overall, the economy would benefit corporate governance reforms, not all the agents would stand to gain from the improvement. In particular, entrepreneurs and firms that...

Persistent link: https://www.econbiz.de/10005609341

Employment, innovation, and productivity: Evidence from italian microdata

Hall, Bronwyn H.; Lotti, Francesca; Mairesse, Jacques - Banca d'Italia - 2007

presents some empirical evidence on the effects of innovation on employment growth and therefore on firmsï¿½ productivity with …

Persistent link: https://www.econbiz.de/10005770776

Innovation and productivity in SMEs. Empirical evidence for Italy

Hall, Bronwyn H.; Lotti, Francesca; Mairesse, Jacques - Banca d'Italia - 2009

success from firm surveys along with the usual R&D expenditures and productivity measures. We then apply the model to data on … firmï¿½s productivity, especially process innovation. Among SMEs, larger and older firms seem to be less productive. …

Persistent link: https://www.econbiz.de/10005011990

Evidence on the impact of R&D and ICT investment on innovation and productivity in Italian firms

Hall, Bronwyn H.; Lotti, Francesca; Mairesse, Jacques - Banca d'Italia - 2012

include ICT investment and R&D as the two main inputs of innovation and productivity. We find that R&D and ICT are both … strongly associated with innovation and productivity, with R&D being more important for innovation and ICT for productivity. We …

Persistent link: https://www.econbiz.de/10011099695

Trade liberalization and domestic suppliers: evidence from Chile

Linarello, Andrea - Banca d'Italia - 2014

I examine the effect of reducing export tariffs on the productivity of domestic suppliers of exporting firms. Using a …) increases the productivity of intermediate input suppliers by 1.5 percent. The increase in productivity among domestic suppliers … accounts for 22.5 percent of aggregate productivity gains. I find that tariff cuts induce firms to acquire new machinery and …

Persistent link: https://www.econbiz.de/10011103312

The Italian industrial system between globalization and crisis

Accetturo, Antonio; Bassanetti, Antonio; Bugamelli, Matteo - Banca d'Italia - 2013

significant economies of scale (electronic products and motor vehicles). Our study links unsatisfactory productivity gains and the …

Persistent link: https://www.econbiz.de/10011100372

Old and new Italian multinational firms

Berta, Giuseppe; Onida, Fabrizio - Banca d'Italia - 2011

After a quick profile of Italian foreign direct investments since 1900 and a short review of the main explanations of the lagged multinational growth by Italian manufacturing companies, a quick glimpse of business histories is given to the only two still today living "old protagonists" (Pirelli,...

Persistent link: https://www.econbiz.de/10009364464

The internationalization of Italian production and industrial districts: an analysis of direct investment abroad

Federico, Stefano - Banca d'Italia - 2006

Using data from Ufficio italiano dei cambi for the period 1997-2001, the study analyses the distribution of foreign direct investment (FDI) outflows by sector and local area of origin. It tries to identify which local industrial structures determine a larger propensity to invest abroad, focusing...

Persistent link: https://www.econbiz.de/10005111543

Revisiting the empirical evidence on firmsï¿½ money demand

Lotti, Francesca; Marcucci, Juri - Banca d'Italia - 2006

In this paper we estimate the demand for liquidity by US non financial firms using data from COMPUSTAT database. In contrast to the previous literature, we consider firm-specific effects, such as cost-of-capital and wages. From the balanced and unbalanced panel estimations we infer that there...

Persistent link: https://www.econbiz.de/10005113526