International Crisis and the Italian Productive System: An Analysis of Firm-Level Data
AbstractThis paper examines the impact on the Italian productive system of the recent and severe (the deepest since the Second World War) economic and financial crisis. The picture offered by aggregate national accounts data is supplemented with information at firm level drawn from the Bank of Italy’s annual Survey of Industrial and Service Firms (also known as the Invind Survey) and with the accounts of in-depth interviews that a group of Bank of Italy economists conducted between the end of April and the first ten days of May 2009 with some 70 top managers and executives of Italian firms. The main motivation of this analysis lies in the conviction that the recovery of the Italian economy will depend, more than in the past, on its ability to respond to the heightened competitive pressure in a flexible and innovative way. The rich and heterogeneous set of data and observations collected in this work make it possible, by distinguishing firms by size, sector and propensity to export, to study a wide variety of questions that help sketching a comprehensive picture of the effects of the crisis on the Italian productive system, a crisis that caught it in a phase of deep-going albeit partial restructuring that was beginning to bear fruit. While all firms were heavily hit by the recession those that in the past started to innovate proved more resilient and their experience might point to the right strategy to successfully ri-emerge from the current critical situation.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by GDE (Giornale degli Economisti e Annali di Economia), Bocconi University in its journal Giornale degli Economisti e Annali di Economia.
Volume (Year): 69 (2010)
Issue (Month): 2 (July)
Contact details of provider:
Postal: via Sarfatti, 25 - 20136 Milano (Italy)
Web page: http://www.gde.unibocconi.it/
Find related papers by JEL classification:
- C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
- E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
- L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Erika Somma).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.