Infrastructure Expenditure in Italy: Recent Dynamics, International Comparisons and Regional Divides
Many see the infrastructure lag as weighing heavily on recovery of competitiveness for Italy, and Southern Italy in particular. One of the possible reasons for this lag may be that Italy has invested less than other European countries over the past decades, and even less in the South. On the evidence of the available data, imprecise, incomplete and patchy as they often are, infrastructure investment in Italy does not appear to have been smaller than in other countries, at least up to the Eighties; however, over the last two decades investment in the South has progressively declined, with negative effects on public capital accumulation.
Volume (Year): (2012)
Issue (Month): 1 (March)
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- Christophe Kamps, 2006.
"New Estimates of Government Net Capital Stocks for 22 OECD Countries, 1960-2001,"
IMF Staff Papers,
Palgrave Macmillan, vol. 53(1), pages 6.
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- Christophe Kamps, 2004. "New Estimates of Government Net Capital Stocks for 22 OECD Countries 1960-2001," IMF Working Papers 04/67, International Monetary Fund.
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