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Industry in the South of Italy and the crisis


  • Raffaello Bronzini,

    () (Banca d'Italia)

  • Luigi Cannari

    () (Banca d'Italia)

  • Alessandra Staderini

    () (Banca d'Italia)

  • Laura Conti

    () (Banca d'Italia)

  • Leandro D�Aurizio

    () (Banca d'Italia)

  • Alessandro Fabbrini

    () (Banca d'Italia)

  • Andrea Filippone

    () (Banca d'Italia)

  • Giuseppe Ilardi

    () (Banca d'Italia)

  • Giovanni Iuzzolino

    () (Banca d'Italia)

  • Pasqualino Montanaro

    () (Banca d'Italia)

  • Marco Paccagnella

    () (Banca d'Italia)

  • Valeria Pellegrini

    () (Banca d'Italia)

  • Raffaele Santioni

    () (Banca d'Italia)


In the last decade, and especially in the course of the recent global economic slowdown, the gap between southern and northern industry has widened. Industrial investment and employment decreased more sharply in the South than in the rest of Italy, and the contribution of the southern regions to the total industrial value added diminished. In this report we analyse southern industry micro- and macro-economically, showing that the area suffers from the same structural problems that affect the Italian economy overall, but more severely: small firm size, specialization in relatively low-tech sectors, and scant innovation and internationalization. Although the weaknesses prevail over the strengths, there are signs of vitality for some local productive systems and types of firms, mainly large enterprises.

Suggested Citation

  • Raffaello Bronzini, & Luigi Cannari & Alessandra Staderini & Laura Conti & Leandro D�Aurizio & Alessandro Fabbrini & Andrea Filippone & Giuseppe Ilardi & Giovanni Iuzzolino & Pasqualino Montanaro & , 2013. "Industry in the South of Italy and the crisis," Questioni di Economia e Finanza (Occasional Papers) 194, Bank of Italy, Economic Research and International Relations Area.
  • Handle: RePEc:bdi:opques:qef_194_13

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    Cited by:

    1. Dario Guarascio & Annamaria Simonazzi, 2016. "A polarized country in a polarized Europe: an industrial policy for Italy’s renaissance," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(3), pages 315-322, September.

    More about this item


    industry dynamics; regional growth; agglomeration;

    JEL classification:

    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • D20 - Microeconomics - - Production and Organizations - - - General

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