This paper examines the financial structure and the bank relationships of Italian multinational firms. We show that multinationals are on average more leveraged than non-internationalized firms. Moreover, they have a larger share of financial and bank debt out of total debt, maintain more bank...

This paper investigates empirically whether inward greenfield foreign direct investment (FDI) is related to greater sectorial innovation in the host Italian provinces. We combine several sources of data to estimate panel count models, regressing the annual number of patents in each province and...

The aim of this paper is to examine the role of industrial districts, sector-specific and non-sector specific agglomeration economies in attracting foreign direct investment (FDI) in the Italian regions and provinces. We found that Italian inward FDI are positively affected by specialization...