Incentivi economici e disincentivi di contesto: gli investimenti esteri nel Mezzogiorno
AbstractFinancial incentives and socio-economic disincentives: foreign investments in the Italian Mezzogiorno (by Vittorio Daniele) - ABSTRACT: Objectives Foreign Direct Investment (FDI) inflows in Italy tends to be concentrated in certain regions. Over the period here examined (2000-2005), eight Northern regions received around 75% of the total FDI inflows, compared to the mere 1% received by the eight regions of Southern Italy. This unbalance in the geographical distribution of foreign investment is easily perceivable on observation of data pertaining to multinational enterprise in Italy. The aim of this article is to examine some location determinants of the FDI inflows into 103 Italian provinces, concentrating, in particular, on the impact of financial incentives, public infrastructure and organized crime. Methods and Results Different estimation methods (OLS, WLS, LAD) have been used to carry out the empirical analysis, resulting principally in a demonstration of the negative effect of criminality on FDI, whereas the presence of infrastructure represents a positive influence and financial incentives do not appear influential on FDI. Conclusions Our analyses point out how the presence of determining disincentives connected to the socio-economical context such as the presence of organized crime and the lack of adequate infrastructure negatively influences the appeal of the Mezzogiorno and, probably, even compromises the effectiveness of policies aiming to attract foreign enterprise to the less developed areas of the country.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by FrancoAngeli Editore in its journal RIVISTA DI ECONOMIA E STATISTICA DEL TERRITORIO.
Volume (Year): 2007/2 (2007)
Issue (Month): 2 ()
Contact details of provider:
Web page: http://www.francoangeli.it/riviste/sommario.asp?IDRivista=142
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Daniele, Vittorio, 2007.
"Criminalità e investimenti esteri. Un’analisi per le province italiane
[The effect of organized crime on Foreign Investments. An Empirical Analysis for the Italian Provinces]," MPRA Paper 6417, University Library of Munich, Germany.
- Vittorio, Daniele & Ugo, Marani, 2008.
"Organized Crime and Foreign Direct Investment: the Italian Case,"
7217, University Library of Munich, Germany.
- Vittorio Daniele & Ugo Marani, 2008. "Organized Crime and Foreign Direct Investment: The Italian Case," CESifo Working Paper Series 2416, CESifo Group Munich.
- Vittorio, Daniele & Ugo, Marani, 2008. "Organized Crime and Foreign Direct Investment: the Italian Case," MPRA Paper 7279, University Library of Munich, Germany.
- d'Agostino, Giorgio & Scarlato, Margherita, 2011.
"Innovation, Growth and Quality of Life: a Theoretical Model and an Estimate for the Italian Regions,"
31939, University Library of Munich, Germany.
- Giorgio D'Agostino & Margherita Scarlato, 2011. "Innovation, Growth and Quality of Life: a Theoretical Model and an Estimate for the Italian Regions," Departmental Working Papers of Economics - University 'Roma Tre' 0138, Department of Economics - University Roma Tre.
- Vittorio, Daniele, 2009. "Organized crime and regional development. A review of the Italian case," MPRA Paper 16547, University Library of Munich, Germany.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Angelo Ventriglia).
If references are entirely missing, you can add them using this form.