This paper examines how business investment responds to investment tax credit, as enacted by Italy's Law 388/2000. To assess whether the programme made investments possible that otherwise would not have been made, it exploits some features of the tax credit scheme, such as the fact that some...

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...