In 1994, the Italian Parliament passed a reform which aimed to radically change the economic regulatory institutions of the water sector in the country. The implementation of the reform, which lasted about twelve years, resulted in a new regulatory regime which combined selected features of...

This paper introduces a book concerned with the activity carried out by the Bank of Italy in the Italian colonies during less than a century (Ercole Tuccimei, La Banca d'Italia in Africa, Collana storica della Banca d'Italia, Editori Laterza, Bari, 1999). The Author traces the history of the...

Numerous studies have been made of regional differences in income and level of development in Italy, and these studies basically differ in the responses they give to the question of whether the said differences were already of a substantial nature prior to Unification, or whether in fact they...

The aim of the study is to test for equality of opportunity at the entry into the national labour market of Italian graduates. By using an Italian survey data on the transition from university to work, we focus on the probability to get a job within three years from the graduation, and we find...

This paper explores the two alternative hypotheses of "self-selection" and "learning by exporting" across different Italian manufacturing firms. Using matched sampling techniques that control for selection bias, we estimate whether new export-oriented firms are more efficient than domestic...

The aim of this paper is to verify whether the historic sentence, no. 500/1999 of the Italian Legitimacy Court (Corte di Cassazione) in Plenary Session, may have contributed to diminishing bribery in Italy, by increasing the area of liability for both civil servants and the public...

We examine whether offshoring firms outperform purely domestic firms – in terms of efficiency, innovativeness and skill composition – in the peculiar context of Italy, the G7 country with the largest shadow-economy share. We posit that manufacturing firms – to counter emerging economies'...

The purpose of this paper is to analyse the changing role of governments promoting corporate responsibility (CR) as a result of the challenges raised by globalisation. CR is linked to the restructuring of governments' agendas in the framework of government/private sector/civil society...

This study, in Italian language, examines the quarterly evolution of Italy's sovereign debt, its stock of government bonds, GDP and inflation. Please see also: 2010: Mazziero, Maurizio, 2010: Un Altro Anno a Debito per l'Italia (2010: Another Year of Debt for Italy) (April 10, 2011). Available...

This study provides empirical evidence on the relationship between dividend payout ratios, executive compensation and agency costs in Italy. Corporate governance in Italy is distinguished by the fact that a large number of Italian firms are family-controlled, which may theoretically reduce...