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 recent years, internal migration in Italy has declined markedly, notwithstanding the widening of the North-South gap in terms of unemployment rates and real income. Here, the extent to which the housing market has contributed to the decline is examined. Preliminary to this analysis,...

In this paper I examine the Italian regional policies launched in the second half of the 1990s. In evaluating the discrepancy between targets and results I argue that the failure of regional policies is a facet of the more general failure of Italian economic policies in the last fifteen years....

This paper investigates the effects of subsidies on the investment decisions of a sample of Italian manufacturing firms. We use survey information on firms� subjective evaluations of the investment they would have undertaken without financing, finding that subsidies have limited...