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The Italian Machine Tool Industry

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Abstract

The Italian machine-tool industry has entered into an extremely delicate phase, regardless of the cyclical trend of demand. During the 80's the qualitative level of Italian production has increased, as demonstrated by the position of second largest European exporter, after Germany, and fourth largest in the world. However various symptoms of a progressive loss of competitiveness can be seen, largely due to a productive structure that has been improved with respect to the past, but not adequately to respond to the challenges of the 90's, in the form of technological innovation and internationalization.

Suggested Citation

  • Secondo Rolfo, 1993. "The Italian Machine Tool Industry," CERIS Working Paper 199304, CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.
    • Handle: RePEc:csc:cerisp:199304
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    Cited by:

    1. Fabio Pieri & Enrico Zaninotto, 2013. "Vertical integration and efficiency: an application to the Italian machine tool industry," Small Business Economics, Springer, vol. 40(2), pages 397-416, February.
    2. Ronald V. Kalafsky, 2016. "Examining the Global Machine Tool Industry: Transitions or Continuity?," Growth and Change, Wiley Blackwell, vol. 47(2), pages 138-156, June.
    3. Fabio Pieri & Enrico Zaninotto, 2010. "The Impact of Vertical Integration and Outsourcing on Firm Efficiency: Evidence from the Italian Machine Tool Industry," DISA Working Papers 1001, Department of Computer and Management Sciences, University of Trento, Italy, revised 11 Mar 2010.
    4. Fabio Pieri, 2015. "Vertical organization of production and firm growth behavior," Working Papers 1508, Department of Applied Economics II, Universidad de Valencia.
    5. Fabio Pieri, 2018. "Vertical organization of production and firm growth," Industrial and Corporate Change, Oxford University Press, vol. 27(1), pages 83-106.
    6. Chuma, Hiroyuki, 2001. "Sources of Machine-Tool Industry Leadership in the 1990s: Overlooked Intrafirm Factors," Center Discussion Papers 28512, Yale University, Economic Growth Center.
    7. Hiroyuki Chuma, 2001. "Sources of Machine-Tool Industry Leadership in the 1990s: Overlooked Intrafirm Factors," Working Papers 837, Economic Growth Center, Yale University.

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