Multinational Firms In Italy: Trends In The Manufacturing Sector
The paper describes the position of Italian economy within the international scenario of production internationalisation. Trends of foreign direct investment flows in Italy are analysed both considering FDI inflows and FDI outflows. Moreover, the degree of industry passive and active multinationality of the Italian manufacturing sector is analysed. To this aim, we computed two indices by looking at the share of multinational firms’ production in Italy, using three-digit level data. The comparison between passive and active multinationality highlights the peculiar position of Italian economy characterised by a low level of active multinationality and a high level of passive multinationality in science based sectors. In specialised sectors the importance of active multinationality is, on the contrary, higher than for passive multinationality.
|Length:||28 pages Keywords : Foreign Direct Investment, Italy, Manufacturing industries|
|Date of creation:||Dec 2000|
|Date of revision:|
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- Alessandro Sembenelli & Laura Rondi & Fabio Schiantarelli & Brian Sack, 1993. "Firms' Financial And Real Responses To Business Cycle Shocks And Monetary Tightening: Evidence For Large And Small Italian Companies," CERIS Working Paper 199305, Institute for Economic Research on Firms and Growth - Moncalieri (TO).
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