IDEAS home Printed from
   My bibliography  Save this paper

Italy�s system for supporting internationalization


  • Filippo Vergara Caffarelli

    () (Bank of Italy)

  • Giovanni Veronese

    () (Bank of Italy)


This study analyses Italy�s system for supporting internationalization, i.e. the set of public institutions and policies for promoting Italian businesses and products abroad. These policies are designed to overcome the barriers to operation in foreign markets, which may be distant in terms of culture and regulation and hard to access owing to legal and bureaucratic obstacles. The goal is to enhance the competitiveness of the Italian economy and ultimately put it back onto a growth path. The analysis has two parts: the examination of the institutional framework and the quantification of the public human and financial resources that are employed, thus providing an initial assessment of the performance of the system as a whole. Despite recent regulatory changes, the system is still quite complicated, with problems of coordination and overlapping among the different actors. Consequently the promotional system, while mobilizing considerable human and financial resources, even by comparison with Italy�s main European partners, is lagging behind in its ability to encourage foreign establishment and exports of Italian companies.

Suggested Citation

  • Filippo Vergara Caffarelli & Giovanni Veronese, 2013. "Italy�s system for supporting internationalization," Questioni di Economia e Finanza (Occasional Papers) 196, Bank of Italy, Economic Research and International Relations Area.
  • Handle: RePEc:bdi:opques:qef_196_13

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Keith Head & John Ries, 2010. "Do trade missions increase trade?," Canadian Journal of Economics, Canadian Economics Association, vol. 43(3), pages 754-775, August.
    2. Volker Nitsch, 2007. "State Visits and International Trade," The World Economy, Wiley Blackwell, vol. 30(12), pages 1797-1816, December.
    3. Arjan Lejour & harold creusen, 2011. "Uncertainty and the export decisions of Dutch firms," CPB Discussion Paper 183, CPB Netherlands Bureau for Economic Policy Analysis.
    4. Lederman, Daniel & Olarreaga, Marcelo & Payton, Lucy, 2010. "Export promotion agencies: Do they work?," Journal of Development Economics, Elsevier, vol. 91(2), pages 257-265, March.
    5. Jan De Loecker, 2013. "Detecting Learning by Exporting," American Economic Journal: Microeconomics, American Economic Association, vol. 5(3), pages 1-21, August.
    6. Hayakawa, Kazunobu & Lee, Hyun-Hoon & Park, Donghyun, 2010. "Investment promotion agencies: do they work?," IDE Discussion Papers 272, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    7. Elhanan Helpman & Marc Melitz & Yona Rubinstein, 2008. "Estimating Trade Flows: Trading Partners and Trading Volumes," The Quarterly Journal of Economics, Oxford University Press, vol. 123(2), pages 441-487.
    8. Kichun Kang, 2011. "Overseas Network Of Export Promotion Agency And Export Performance: The Korean Case," Contemporary Economic Policy, Western Economic Association International, vol. 29(2), pages 274-283, April.
    9. Volpe Martincus, Christian & Carballo, Jerónimo, 2010. "Beyond the average effects: The distributional impacts of export promotion programs in developing countries," Journal of Development Economics, Elsevier, vol. 92(2), pages 201-214, July.
    10. Rubén Segura-Cayuela & Josep M. Vilarrubia, 2008. "The effect of foreign service on trade volumes and trade partners," Working Papers 0808, Banco de España;Working Papers Homepage.
    11. repec:idb:brikps:publication-detail,7101.html?id=21146 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    More about this item


    firms� internationalization; export promotion;

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • H81 - Public Economics - - Miscellaneous Issues - - - Governmental Loans; Loan Guarantees; Credits; Grants; Bailouts

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bdi:opques:qef_196_13. 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: (). General contact details of provider: .

    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 CitEc recognized a reference but did not link an item in RePEc 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.