The lag in innovation in Italy vis-�-vis the other main industrial countries is one of the effects of the fragmentation of the production system into many small firms that have trouble bearing the high cost of R&D and taking the related risks. Such other causes as shortages in human capital...

In the last decade, and especially in the course of the recent global economic slowdown, the gap between southern and northern industry has widened. Industrial investment and employment decreased more sharply in the South than in the rest of Italy, and the contribution of the southern regions to...

In this paper we examine the Italian regional policies launched in the second half of the 1990s and aimed at promoting the development of Southern Italy. Ten years on, the goals have not been reached, either in terms of social and economic development, or of the performance of firms receiving...

This paper provides a detailed insight into the magnitude of price-level differentials among Italian regions, supplementing the data collected by Istat with information on house prices and rentals collected by Agenzia del Territorio and by the Bank of Italy and with estimates from other sources....

In this paper we examine trade credit terms in Italy on the basis of two original surveys carried out by the Bank of Italy. The surveys show that 80-90 per cents of sales are paid on a deferred payment basis of 90 days on average and a delay of 11 days. 83 per cent of trade credit is extended on...

The Economy of the Italian Regions in the year 2005 analyzes the evolution of production, labour market, financial aggregates and regional public finances in the four main Italian territorial areas. Topics analyzed focus on structural change in the Italian economy; trends in Mezzogiorno's...

The Economy of the Italian Regions in the year 2006 analyzes the evolution of production, labour market, financial aggregates and regional public finances in the four main Italian territorial areas. Topics analyzed focus on structural change in the Italian economy; trends in Mezzogiorno's...

The book brings together a series of research papers presented at the conference on "The Mezzogiorno and regional policies", held in Perugia on 26-27 February 2009. The analyses refer to various aspects of the regional economies: wages, bargaining and prices; environmental diseconomies; public...

The volume collects the papers presented at the Conference on "Banks, Local Credit Markets and Credit Supply" held in Milan, on 24 March 2010. The papers presented at the two sessions of the Conference analyse how banks' lending activities are organized and how this affects the supply of credit...

The volume brings together the papers presented at the Conference on "The Mezzogiorno and Italian economic policy " held in Rome on 26 November, 2009. The analysis focuses on social capital, the difficulties that businesses face in working in the South, the role of the financial system, the...