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Bianco, Magda; Giacomelli, Silvia; Rodano, Giacomo - Banca d'Italia - 2012

Insufficient competition remains a major obstacle to growth in Italy. The main culprits include the institutional … rights to provide services and restrictive regulation hindered competition in professional services. Growing awareness of the … importance of competition policies to foster growth has given new impetus to the implementation of a wide programme of …

Persistent link: https://www.econbiz.de/10011099603

Social capital and inequality in Italy

Blasio, Guido de; Nuzzo, Giorgio - Banca d'Italia - 2012

In the last two decades the socio-economic literature has highlighted the importance of social capital (an ample set of social relations and cultural attitudes) for economic growth and the wellbeing of citizens. The literature broadly suggests a negative correlation between social capital and...

Persistent link: https://www.econbiz.de/10009654306

Civic Capital and Development: Italy, 1951-2001

Albanese, Giuseppe; Blasio, Guido de - Banca d'Italia - 2014

We empirically investigate the role of civic capital (proxied by voter turnout) in Italy's economic development in the second half of the Twentieth century. Using a unique dataset at the city level, we show that over a fifty-year span voter turnout was steadily correlated with economic...

Persistent link: https://www.econbiz.de/10011099595

Foreign direct investment and institutional quality

Borin, Alessandro; Cristadoro, Riccardo; Mattevi, Elena - Banca d'Italia - 2014

Several factors contribute to attracting foreign investment: cyclical, such as demand fluctuations; structural, such as industrial specialization or the presence of natural resources; fiscal policy, including taxes; political, such as social stability and country governance; and finally, the...

Persistent link: https://www.econbiz.de/10011100396

Europe 2020 and national reforms: economic governance and structural reforms

Sestito, Paolo; Torrini, Roberto - Banca d'Italia - 2012

Structural reforms are stressed in Europe 2020 as a tool for boosting economic growth and improving social cohesion. Yet tensions often arises between country specificities and goals, on one side, and pressures by partners and EU wide goals on the other side. The paper discusses the European...

Persistent link: https://www.econbiz.de/10011100400

Public expenditure distribution, voting, and growth

Burlon, Lorenzo - Banca d'Italia - 2014

In this paper we study why the misallocation of resources across different productive sectors tends to persist over time. To this end we propose a general equilibrium model that delivers two structural relations. On the one hand, the public expenditure distribution influences the future sectoral...

Persistent link: https://www.econbiz.de/10011105139

Entry regulations and labor market outcomes: evidence from the Italian retail trade sector

Viviano, Eliana - Banca d'Italia - 2006

evidence is also found that fiercer competition encourages the development of more efficient small retail trade shops. These …

Persistent link: https://www.econbiz.de/10005770762

Infrastructure and project financing in Italy: the (possible) role of the regulation

Giorgiantonio, Cristina; Giovanniello, Valentina - Banca d'Italia - 2009

There has been a significant increase in project financing in the public sector in Europe in the past decade, benefiting the implementation of infrastructure projects. In Italy, project financing is still much more limited than in such countries as Spain and the UK: the projects funded are...

Persistent link: https://www.econbiz.de/10008472088

The regulatory reforms in Italian local public services: an overview and some lessons for the future

Bianco, Magda; Sestito, Paolo - Banca d'Italia - 2008

The paper summarizes the framework used in a research project on local public services carried out by Bank of Italy researchers. It discusses motivations, characteristics, results and general lessons of the project, whose sector-specific results are detailed in individual papers. The project was...

Persistent link: https://www.econbiz.de/10005609414

Broadband in Italy: an overview

Ciapanna, Emanuela; Sabbatini, Daniele - Banca d'Italia - 2008

High-speed Internet, or broadband, access is an essential infrastructure that has been proven to stimulate competition …

Persistent link: https://www.econbiz.de/10005609415