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Industrial policy options for sustaining growth in Italy

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  • Harald Gruber

    (European Investment Bank)

Abstract

The paper discusses main features of the structural change that the Italian industry has undergone since the 1990s, the reduction of resources it can count on and the options available for the promotion of industrial competitiveness. Insufficient investment in R&D, education and digital infrastructure have undermined the performance of Italian industry and its capability of sustain high levels of economic growth and welfare. As traditional instruments for supporting the industry are not any more available, new financial instruments provide opportunities to redress international competitiveness.

Suggested Citation

  • Harald Gruber, 2016. "Industrial policy options for sustaining growth in Italy," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(3), pages 281-289, September.
    • Handle: RePEc:spr:epolin:v:43:y:2016:i:3:d:10.1007_s40812-016-0043-8
    DOI: 10.1007/s40812-016-0043-8
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    References listed on IDEAS

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    1. Nina Czernich & Oliver Falck & Tobias Kretschmer & Ludger Woessmann, 2011. "Broadband Infrastructure and Economic Growth," Economic Journal, Royal Economic Society, vol. 121(552), pages 505-532, May.
    2. Arduini, Davide & Belotti, Federico & Denni, Mario & Giungato, Gerolamo & Zanfei, Antonello, 2010. "Technology adoption and innovation in public services the case of e-government in Italy," Information Economics and Policy, Elsevier, vol. 22(3), pages 257-275, July.
    3. Matteo Lucchese & Leopoldo Nascia & Mario Pianta, 2016. "Industrial policy and technology in Italy," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(3), pages 233-260, September.
    4. Matteo Bugamelli & Luigi Cannari & Francesca Lotti & Silvia Magri, 2012. "The innovation gap of Italy�s production system: roots and possible solutions," Questioni di Economia e Finanza (Occasional Papers) 121, Bank of Italy, Economic Research and International Relations Area.
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    More about this item

    Keywords

    Industrial policy; R&D; Innovation; Investment; Education; Infrastructure;
    All these keywords.

    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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