Competitività E Divari Di Efficienza Nell'Industria Italiana
This paper assesses the role of competition in explaining the efficiency in the Italian manufacturing. Technical efficiency differentials have been measured by applying Data Evelopment Analysis (D.E.A.) methods on a panel of 420 firms from 32 industries at 3- digit level, over the period 1983-1992. The analysis shows that a tougher competitive environment is efficiency enhancing . Consistent with previous empirical evidence we find a negative link between efficiency and concentration. Moreover efficiency declines more slowly when the level of concentration is highest, suggesting a non-linear relationship. The results have policy implications. The undergoing process of liberalisation and privatisation in Italy should take into account the beneficial effects of a more competitive environment.
|Length:||29 pages KeywordsCompetition, Technical efficiency|
|Date of creation:||Jun 2001|
|Date of revision:|
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