Details about Massimo Florio

E-mail:
Homepage:	http://www.massimoflorio.com
Phone:	++39-02-796630
Postal address:	Department of Economics,Business,and Statistics Via Conservatorio 7 20122 Milano
Workplace:	Dipartimento di Economia, Management e Metodi Quantitativi (DEMM) (Department of Economics, Management and Quantitative Methods), Università degli Studi di Milano (University of Milan), (more information at EDIRC) Centre for Industrial Studies (CSIL), (more information at EDIRC) Centre International de Recherches et d'Information sur l'Économie Publique, Sociale et Coopérative (CIRIEC) (International Center of Research and Information on the Public, Social and Cooperative Economy), (more information at EDIRC) Centro Studi Luca d'Agliano (Ld'A) (Luca D'Agliano Study Center), (more information at EDIRC)

Access statistics for papers by Massimo Florio.

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Working Papers

2020

1. Biomed Europa: after the coronavirus, a public infrastructure to overcome the pharmaceutical oligopoly
   CIRIEC Working Papers, CIRIEC - Université de Liège
2. The Routledge Handbook of State-Owned Enterprises
   Post-Print, HAL View citations (1)

2019

3. Firm Ownership, Quality of Government and Innovation
   Working Papers - Economics, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa
4. Technological Learning and Innovation Gestation Lags at the Frontier of Science: from CERN Procurement to Patent
   Papers, arXiv.org
   Also in Working Papers, University of Milano-Bicocca, Department of Economics (2019)

2018

5. Evaluating regulatory reform of network industries: a survey of empirical models based on categorical proxies
   Papers, arXiv.org View citations (2)
   Also in MPRA Paper, University Library of Munich, Germany (2017)
   Working Papers, Fondazione Eni Enrico Mattei (2017)
   See also Journal Article in Utilities Policy (2018)
6. State-Owned Enterprises: Rationales for Mergers and Acquisitions
   CIRIEC Working Papers, CIRIEC - Université de Liège

2017

7. BIG SCIENCE, LEARNING AND INNOVATION: EVIDENCE FROM CERN PROCUREMENT
   Departmental Working Papers of Economics - University 'Roma Tre', Department of Economics - University Roma Tre View citations (8)
   See also Journal Article in Industrial and Corporate Change (2018)
8. The Empirics of Regulatory Reforms Proxied by Categorical Variables: Recent Findings and Methodological Issues
   ETA: Economic Theory and Applications, Fondazione Eni Enrico Mattei (FEEM)

2016

9. Exploring Cost-Benefit Analysis of Research, Development and Innovation Infrastructures: An Evaluation Framework
   Working Papers, CSIL Centre for Industrial Studies View citations (2)

2015

10. State-Owned Banks: Acquirers in M&A deals
    CIRIEC Working Papers, CIRIEC - Université de Liège

2014

11. Le privatizzazioni: un bilancio critico
    Working Papers, CSIL Centre for Industrial Studies
12. Publicization versus Privatization: Recent worldwide evidence
    CIRIEC Working Papers, CIRIEC - Université de Liège View citations (1)
13. Research intensive clusters and regional innovation systems: a case study of mechatronics in Apulia
    Working Papers, CSIL Centre for Industrial Studies View citations (2)
14. The Effect of Business Support on Employment in Manufacturing: Evidence from the European Union Structural Funds in Germany, Italy and Spain
    Post-Print, HAL View citations (6)
    See also Journal Article in European Planning Studies (2014)
15. The return of public enterprise
    Working Papers, CSIL Centre for Industrial Studies View citations (9)

2013

16. Privatizzazioni e debito pubblico
    Working Papers, CSIL Centre for Industrial Studies
17. The social cost of capital: recent estimates for the EU countries
    Working Papers, CSIL Centre for Industrial Studies View citations (2)
18. The use of ex post Cost-Benefit Analysis to assess the long-term effects of Major Infrastructure Projects
    Working Papers, CSIL Centre for Industrial Studies View citations (2)

2011

19. Additionality and regional development: are EU Structural Funds complements or substitutes of national Public Finance?
    Working Papers, CSIL Centre for Industrial Studies View citations (2)
20. Appunti su a New View of Economic Growth di Maurice Fitzgerald Scott
    Working Papers, CSIL Centre for Industrial Studies
21. Le radici distributive della crisi infinita - Income distribution: the roots of the neverending crisis
    Working Papers, CSIL Centre for Industrial Studies
22. Public enterprises, policy adoption and planning: Three welfare propositions
    UNIMI - Research Papers in Economics, Business, and Statistics, Universitá degli Studi di Milano View citations (2)

2010

23. A Fair Price for Energy? Ownership versus Market Opening in the EU15
    CESifo Working Paper Series, CESifo View citations (1)
24. Getting Incentives Right: do we need ex post CBA?
    Working Papers, CSIL Centre for Industrial Studies View citations (2)
25. La teoria economica del fattore imprenditoriale. Note a margine di alcune letture suggerite - The economic theory of the entrepreneurial factor. Notes on a small reading list
    Working Papers, CSIL Centre for Industrial Studies

2009

26. Hierarchical contracting in grant decisions: ex-ante and ex-post evaluation in the context of the EURegional Policy
    Working Papers, University of Milano-Bicocca, Department of Economics View citations (8)
27. Shadow wages for the EU regions
    UNIMI - Research Papers in Economics, Business, and Statistics, Universitá degli Studi di Milano View citations (5)
    See also Journal Article in Fiscal Studies (2011)
28. The reform of network industries, privatisation and consumers’ welfare: evidence from the EU15
    UNIMI - Research Papers in Economics, Business, and Statistics, Universitá degli Studi di Milano View citations (8)
29. Transitional Dynamics in a Growth Model with Government Spending, Technological Progress and Population Change
    UNIMI - Research Papers in Economics, Business, and Statistics, Universitá degli Studi di Milano

2008

30. Building a bridge across CBA traditions: the contribution of EU Regional Policy
    Working Papers, CSIL Centre for Industrial Studies
31. Gas industry reforms and consumers' prices in the European Union
    Working Paper CRENoS, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia View citations (9)
32. Internationalisation in the household appliances sector in Fabriano (Italy). A case study
    Working Papers, CSIL Centre for Industrial Studies
33. Internationalisation modes and determinants. The case of Italian automotive firms
    Working Papers, CSIL Centre for Industrial Studies
34. The Natuzzi Group and the Bari-Matera (Italy) upholstered furniture district. A case study of internationalisation in a traditional industry
    Working Papers, CSIL Centre for Industrial Studies
35. The competitive repositioning of automotive firms in Turin: innovation, internationalisation and the role of ICT
    Working Papers, CSIL Centre for Industrial Studies

2007

36. Consumers' Attitudes on Services of General Interest in the EU: Accessibility, Price and Quality 2000-2004
    Privatisation Regulation Corporate Governance Working Papers, Fondazione Eni Enrico Mattei (FEEM) View citations (4)
    Also in Working Papers, Fondazione Eni Enrico Mattei (2007) View citations (10)
37. Hierarchical contracting in grant decisions: ex-ante and ex-post evaluation in the context of the EU Structural Funds
    UNIMI - Research Papers in Economics, Business, and Statistics, Universitá degli Studi di Milano View citations (6)
38. The Electricity Industry Reform Paradigm in the European Union: Testing the Impact on Consumers
    UNIMI - Research Papers in Economics, Business, and Statistics, Universitá degli Studi di Milano View citations (23)
39. Utilities deprivation dynamics and energy sector reforms in Europe
    LABORatorio R. Revelli Working Papers Series, LABORatorio R. Revelli, Centre for Employment Studies View citations (1)

2006

40. Public ownership, privatisation and regulation: social welfare counterfactuals for British Telecom
    UNIMI - Research Papers in Economics, Business, and Statistics, Universitá degli Studi di Milano

2005

41. Privatisation shocks and aggregate output: testing for macroeconomic transmission channels
    UNIMI - Research Papers in Economics, Business, and Statistics, Universitá degli Studi di Milano
42. Privatization Discontent and Its Determinants: Evidence from Latin America
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (13)

2004

43. The Missing Shock: The Macroeconomic Impact of British Privatisation
    Working Papers, Fondazione Eni Enrico Mattei View citations (1)
    See also Journal Article in Applied Economics (2005)

2003

44. Cost-benefit Analysis and Rates of Return of Development Projects: An International Comparison
    Development Working Papers, Centro Studi Luca d'Agliano, University of Milano
45. Cost-benefit analysis of Infrastructure Projects in an Enlarged European Union: an Incentive-Oriented Approach
    Development Working Papers, Centro Studi Luca d'Agliano, University of Milano View citations (5)

2002

46. Privatisations as price reforms: evaluating consumers' welfare changes in the UK
    Working Paper CRENoS, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia View citations (2)
    See also Journal Article in Annals of Economics and Statistics (2004)

Journal Articles

2020

1. A contingent valuation experiment about future particle accelerators at CERN
   PLOS ONE, 2020, 15, (3), 1-24
2. Firm ownership, quality of government and innovation: Evidence from patenting in the telecommunication industry
   Research Policy, 2020, 49, (5) View citations (1)
3. Science, innovation, and public services: editorial introduction
   Journal of Economic Policy Reform, 2020, 23, (1), 1-15
4. Should governments fund basic science? Evidence from a willingness-to-pay experiment in five universities
   Journal of Economic Policy Reform, 2020, 23, (1), 16-33

2019

5. Jonathan Gruber, Simon Johnson (2019), Jump-Starting America: How Breakthrough Science Can Revive Economic Growth and the American Dream, New York, Public Affairs
   L'industria, 2019, (4), 821-823
6. Quality of institutions and productivity of State-Invested Enterprises: International evidence from major telecom companies
   European Journal of Political Economy, 2019, 58, (C), 102-117 View citations (2)
7. State-owned banks in the market for corporate control
   Journal of Economic Policy Reform, 2019, 22, (2), 120-147
8. The Governance and the Social Impact of Large-Scale Science Production
   L'industria, 2019, (4), 661-692

2018

9. Big science, learning, and innovation: evidence from CERN procurement
   Industrial and Corporate Change, 2018, 27, (5), 915-936 View citations (9)
   See also Working Paper (2017)
10. Cost-Benefit Analysis and European Union Cohesion Policy: Economic Versus Financial Returns in Investment Project Appraisal
    Journal of Benefit-Cost Analysis, 2018, 9, (1), 147-180 View citations (1)
11. Evaluating regulatory reform of network industries: a survey of empirical models based on categorical proxies
    Utilities Policy, 2018, 55, (C), 115-128 View citations (2)
    See also Working Paper (2018)
12. The economic impact of technological procurement for large-scale research infrastructures: Evidence from the Large Hadron Collider at CERN
    Research Policy, 2018, 47, (9), 1853-1867 View citations (7)

2017

13. Governments in the market for corporate control: Evidence from M&A deals involving state-owned enterprises
    Journal of Comparative Economics, 2017, 45, (1), 89-109 View citations (4)
14. Johansson, Per-Olov and Bengt Kriström: Cost-benefit analysis for project appraisal
    Journal of Economics, 2017, 121, (3), 279-281
15. Obinger, Herbert, Schmitt, Carina and Traub, Stefan: The political economy of privatization in rich democracies
    Journal of Economics, 2017, 120, (3), 283-285
16. Ownership and environmental regulation: Evidence from the European electricity industry
    Energy Economics, 2017, 61, (C), 298-312 View citations (15)
17. The targets of state capitalism: evidence from M&A deals
    European Journal of Political Economy, 2017, 47, (C), 61-74 View citations (3)

2016

18. Forecasting the socio-economic impact of the Large Hadron Collider: A cost–benefit analysis to 2025 and beyond
    Technological Forecasting and Social Change, 2016, 112, (C), 38-53 View citations (4)
19. Institutions and Firms' Productivity: Evidence from Electricity Distribution in the EU
    Oxford Bulletin of Economics and Statistics, 2016, 78, (2), 170-196 View citations (17)
20. Per una comparative political economy dell’impresa pubblica: alcuni contributi recenti (2013-2015)
    ECONOMIA PUBBLICA, 2016, 2016/2, (2), 5-41
21. Rationales, performance and governance of public entreprises. Editorial introduction
    ECONOMIA PUBBLICA, 2016, 2016/3, (3), 5-10 View citations (1)
22. Social benefits and costs of large scale research infrastructures
    Technological Forecasting and Social Change, 2016, 112, (C), 65-78 View citations (6)

2015

23. Asymmetric effects of electricity regulatory reforms in the EU15 and in the New Member States: Empirical evidence from residential prices 1990–2011
    Utilities Policy, 2015, 35, (C), 72-90 View citations (9)
24. PUBLIC ENTERPRISES IN THE MARKET FOR CORPORATE CONTROL: RECENT WORLDWIDE EVIDENCE
    Annals of Public and Cooperative Economics, 2015, 86, (4), 559-583 View citations (6)
25. Public Enterprises in a Global Perspective in the Last Decade
    L'industria, 2015, (1), 111-138

2014

26. Contemporary public enterprises: innovation, accountability, governance
    Journal of Economic Policy Reform, 2014, 17, (3), 201-208 View citations (1)
27. Energy Reforms and Consumer Prices in the EU over twenty Years
    Economics of Energy & Environmental Policy, 2014, Volume 3, (Number 1) View citations (5)
28. Internationalization and industrial districts: evidence from the Italian automotive supply chain
    International Review of Applied Economics, 2014, 28, (1), 1-21 View citations (7)
29. The Effect of Business Support on Employment in Manufacturing: Evidence from the European Union Structural Funds in Germany, Italy and Spain
    European Planning Studies, 2014, 22, (9), 1802-1823 View citations (5)
    See also Working Paper (2014)

2013

30. Electricity prices and public ownership: Evidence from the EU15 over thirty years
    Energy Economics, 2013, 39, (C), 222-232 View citations (34)
31. Rethinking on public enterprise: editorial introduction and some personal remarks on the research agenda
    International Review of Applied Economics, 2013, 27, (2), 135-149 View citations (2)
32. User satisfaction and the organization of local public transport: Evidence from European cities
    Transport Policy, 2013, 29, (C), 209-218 View citations (21)

2012

33. Government spending and growth in second-best economies
    Economic Modelling, 2012, 29, (3), 654-663 View citations (2)
34. Internationalisation and the agglomeration effect in the global value chain: the case of Italian automotive suppliers
    International Journal of Technological Learning, Innovation and Development, 2012, 5, (3), 267-290 View citations (4)
35. Public enterprises, planning and policy adoption: three welfare propositions
    Journal of Economic Policy Reform, 2012, 15, (4), 263-279

2011

36. Consumer surplus and the reform of network industries: a primer
    Journal of Economics, 2011, 102, (2), 111-122 View citations (9)
37. How to cope with the global value chain: lessons from Italian automotive suppliers
    International Journal of Automotive Technology and Management, 2011, 11, (3), 236-253 View citations (15)
38. Infrastructure and Growth in a Spatial Framework: Evidence from the EU regions
    European Planning Studies, 2011, 20, (8), 1393-1414 View citations (12)
39. Public Investment and Cost‐Benefit Analysis in the European Union
    Fiscal Studies, 2011, 32, (1), 3-9
40. Shadow Wages for the EU Regions
    Fiscal Studies, 2011, 32, (1), 109-143 View citations (6)
    See also Working Paper (2009)
41. THE FUTURE OF PUBLIC ENTERPRISES: CONTRIBUTIONS TO A NEW DISCOURSE
    Annals of Public and Cooperative Economics, 2011, 82, (4), 361-373 View citations (14)
42. Telecom reforms in the EU: Prices and consumers' satisfaction
    Telecommunications Policy, 2011, 35, (4), 382-396 View citations (8)
43. The Real Roots of the Great Recession
    International Journal of Political Economy, 2011, 40, (4), 5-30 View citations (1)
44. «Would you say that the price you pay for electricity is fair?» Consumers' satisfaction and utility reforms in the EU15
    Energy Economics, 2011, 33, (2), 178-187 View citations (23)

2010

45. Cost–Benefit Analysis and the Rates of Return of Infrastructure Projects: Evidence from International Organizations
    Transition Studies Review, 2010, 17, (3), 587-610 View citations (2)
46. EU Gas Industry Reforms and Consumers' Prices
    The Energy Journal, 2010, Volume 31, (Number 4), 167-182 View citations (18)
47. Energy deprivation dynamics and regulatory reforms in Europe: Evidence from household panel data
    Energy Policy, 2010, 38, (1), 253-264 View citations (12)
48. INDUSTRIAL CLUSTERS AND INNOVATION: AN EVALUATION AND IMPLICATIONS FOR ECONOMIC COHESION
    Revista Galega de Economía, 2010, 19, (ex) View citations (1)
49. Infrastructure and Convergence in the EU: Introduction
    Transition Studies Review, 2010, 17, (3), 471-474
50. Regional Infrastructure and Convergence: Growth Implications in a Spatial Framework
    Transition Studies Review, 2010, 17, (3), 475-493 View citations (11)

2009

51. Privatisation Discontent and Utility Reform in Latin America
    Journal of Development Studies, 2009, 45, (3), 333-350 View citations (14)
52. The American Crisis: Travel Notes
    QA - Rivista dell'Associazione Rossi-Doria, 2009, (2)

2008

53. Investment, Growth, and Uniformity versus Selectivity in Capital Income Taxation: Testing the King-Fullerton Framework
    Public Finance = Finances publiques, 2008, 55, (1-2), 64-81
54. Privatisation and aggregate output: testing for macroeconomic transmission channels
    Empirica, 2008, 35, (5), 525-545 View citations (3)

2007

55. Electricity Prices as Signals for the Evaluation of Reforms: An Empirical Analysis of Four European Countries
    International Review of Applied Economics, 2007, 21, (1), 1-27 View citations (14)

2006

56. A positive theory of privatization for developing countries: on Jean Jacques Laffont's last lectures
    Politica economica, 2006, (2), 131-156
57. Cost-benefit analysis and the European union cohesion fund: On the social cost of capital and labour
    Regional Studies, 2006, 40, (2), 211-224 View citations (14)

2005

58. A ``European Consensus'' on the Growth Agenda? A Discussion of the Sapir Report
    Transition Studies Review, 2005, 12, (3), 411-431 View citations (4)
59. A logistic growth theory of public expenditures: A study of five countries over 100 years
    Public Choice, 2005, 122, (3), 355-393 View citations (21)
60. Cost-benefit Analysis of Infrastructure Projects in an Enlarged European Union: Returns and Incentives
    Economic Change and Restructuring, 2005, 38, (3), 179-210 View citations (2)
61. Diritti di proprietà e corporate governance nei servizi di pubblica utilità
    ECONOMIA PUBBLICA, 2005, 2005/1-2, (1-2)
62. Il progetto europeo come motore di crescita e il confronto con gli Stati Uniti: la politica industriale dopo il "Rapporto Sapir"
    L'industria, 2005, (4), 707-730 View citations (2)
63. Segnali di prezzo: analisi empirica per la valutazione delle riforme dei servizi di pubblica utilità
    ECONOMIA PUBBLICA, 2005, 2005/1-2, (1-2)
64. The missing shock: the macroeconomic impact of British Privatizations
    Applied Economics, 2005, 37, (14), 1585-1596 View citations (5)
    See also Working Paper (2004)
65. Un consensus europeo sull'Agenda per la crescita? Discussione del Rapporto Sapir
    ECONOMIA PUBBLICA, 2005, 2005/4, (4)

2004

66. Abnormal returns of UK privatizations: from underpricing to outperformance
    Applied Economics, 2004, 36, (2), 119-136 View citations (6)
67. I servizi pubblici e l'integrazione economica europea. Presentazione
    ECONOMIA PUBBLICA, 2004, 2004/2, (2)
68. Privatisations as price reforms: Evaluating consumers' welfare changes in the U.K
    Annals of Economics and Statistics, 2004, (75-76), 109-133
    See also Working Paper (2002)

2003

69. Does privatisation matter? The long-term performance of British Telecom over 40 years
    Fiscal Studies, 2003, 24, (2), 197-234 View citations (6)
70. La privatizzazione di British Telecom
    ECONOMIA PUBBLICA, 2003, 2003/2, (2)
71. Presentazione
    ECONOMIA PUBBLICA, 2003, 2003/2, (2)
72. Privatizzazioni e benessere: il caso britannico
    ECONOMIA PUBBLICA, 2003, 2003/2, (2)

2002

73. L'esperienza dei contratti di programma: una valutazione a metà percorso
    L'industria, 2002, (2), 359-396 View citations (9)

2001

74. On Cross-country Comparability of Government Statistics: Public expenditure trends in OECD National Accounts
    International Review of Applied Economics, 2001, 15, (2), 181-198 View citations (5)

2000

75. Milano: un caso di ritardo infrastrutturale?
    ECONOMIA PUBBLICA, 2000, 2000/suppl. 3, (suppl. 3)

1999

76. Crescita endogena e investimenti esterni: un modello dell'impatto occupazionale di lungo periodo della grande impresa nel Mezzogiorno
    L'industria, 1999, (3), 591-612 View citations (2)

1998

77. Market Organization and Propagation of Shocks: The Furniture Industry in Germany and Italy
    Small Business Economics, 1998, 11, (2), 169-82 View citations (1)

1997

78. The economic rate of return of infrastructures and regional policy in the European Union
    Annals of Public and Cooperative Economics, 1997, 68, (1), 39-64 View citations (4)

1990

79. ANALYSE COǓTS-AVANTAGES ET OBJECTIFS MACRO-ÉCONOMIQUES
    Annals of Public and Cooperative Economics, 1990, 61, (1), 63-90
80. Cost-Benefit Analysis and the Control of Public Expenditure: An Assessment of British Experience in the 1980s
    Journal of Public Policy, 1990, 10, (2), 103-131 View citations (2)

Books

2016

1. Support to SMEs - Increasing research and innovation in SMEs and SME development. Final report. Work package 2
   ZEW Expertises, ZEW - Leibniz Centre for European Economic Research

2013

2. Network Industries and Social Welfare: The Experiment that Reshuffled European Utilities
   OUP Catalogue, Oxford University Press View citations (45)

2006

3. The Great Divestiture: Evaluating the Welfare Impact of the British Privatizations, 1979-1997, vol 1
   MIT Press Books, The MIT Press View citations (30)

Edited books

2017

1. The Reform of Network Industries
   Books, Edward Elgar Publishing

2016

2. Infrastructure Finance in Europe: Insights into the History of Water, Transport, and Telecommunications
   OUP Catalogue, Oxford University Press
3. The Economics of Infrastructure Provisioning: The Changing Role of the State, vol 1
   MIT Press Books, The MIT Press View citations (2)

2011

4. Public Investment, Growth and Fiscal Constraints
   Books, Edward Elgar Publishing View citations (1)

2007

5. Cost–Benefit Analysis and Incentives in Evaluation
   Books, Edward Elgar Publishing

Chapters

2018

1. Evaluating knowledge projects and R&D infrastructures with an example
   Chapter 15 in Teaching Benefit-Cost Analysis, 2018, pp 180-199
2. The essentials: A short course for young professionals
   Chapter 7 in Teaching Benefit-Cost Analysis, 2018, pp 86-102

2017

3. The empirical evaluation of regulatory policy reforms in network industries: some methodological issues
   Chapter 1 in The Reform of Network Industries, 2017, pp 3-27

2012

4. Cost–Benefit Analysis Traditions: The Approach of EU Regional Policy
   Chapter 12 in Current Issues in Project Analysis for Development, 2012

2007

5. Introduction: Multi-government Cost–Benefit Analysis, Shadow Prices and Incentives
   Chapter 1 in Cost–Benefit Analysis and Incentives in Evaluation, 2007 View citations (4)