IDEAS home Printed from
MyIDEAS: Login to save this article or follow this journal

Incentivi economici e disincentivi di contesto: gli investimenti esteri nel Mezzogiorno

  • Vittorio Daniele

Financial 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.

If 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.

File URL:
Download Restriction: Single articles can be downloaded buying download credits, for info:

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.

Article provided by FrancoAngeli Editore in its journal RIVISTA DI ECONOMIA E STATISTICA DEL TERRITORIO.

Volume (Year): 2007/2 (2007)
Issue (Month): 2 ()
Pages: 5-34

in new window

Handle: RePEc:fan:restre:v:html10.3280/rest2007-002001
Contact details of provider: Web page:

Order Information: Web: Email:

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:fan:restre:v:html10.3280/rest2007-002001. See general 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: (Angelo Ventriglia)

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.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.