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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 Italy�s survey of manufacturers,...
Persistent link: https://www.econbiz.de/10009020151
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
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
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
success from firm surveys along with the usual R&D expenditures and productivity measures. We then apply the model to data on … firm�s productivity, especially process innovation. Among SMEs, larger and older firms seem to be less productive. …
Persistent link: https://www.econbiz.de/10005011990
presents some empirical evidence on the effects of innovation on employment growth and therefore on firms� productivity with …
Persistent link: https://www.econbiz.de/10005770776
significant economies of scale (electronic products and motor vehicles). Our study links unsatisfactory productivity gains and the …
Persistent link: https://www.econbiz.de/10011100372
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
This work presents, in a single framework, the results of several recent studies, carried out by Bank of Italy researchers, on the internationalization of the Italian productive system. The notion of internationalization is considered not only from the perspective of direct investments abroad...
Persistent link: https://www.econbiz.de/10011171337
This paper analyses the effect of competition from low-wage countries on domestic activity, using data on 230 Italian manufacturing sectors between 1995 and 2007. We find that low-wage import penetration is negatively related to employment and other measures of activity. The effect is...
Persistent link: https://www.econbiz.de/10011099625