Details about Massimo Florio

Homepage:	http://www.massimoflorio.com
Phone:	++39-02-796630
Postal address:	Department of Economics,Business,and Statistics Via Conservatorio 7 20122 Milano
Workplace:	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) 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)

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Last updated 2025-04-24. Update your information in the RePEc Author Service.

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Working Papers

2024

1. Some questions on the future of R&D on Covid-19 vaccines. A conversation between Massimo Florio and Giuseppe Remuzzi
   Working Papers, CSIL Centre for Industrial Studies

2023

2. CBA in decision-making processes of EU-27
   Working Papers, CSIL Centre for Industrial Studies

2022

3. European pharmaceutical research and development. Could a public infrastructure overcome market failures?
   Working Papers, CSIL Centre for Industrial Studies
4. The Socio-Economic Impact of Public Policies in the Space Sector in Italy
   CIRIEC Working Papers, CIRIEC - Université de Liège

2021

5. Patents for Covid-19 vaccines are based on public research: a case study on the privatization of knowledge
   CIRIEC Working Papers, CIRIEC - Université de Liège View citations (3)
6. Space policy drives innovation through technological procurement: evidence from Italy
   Working Papers - Economics, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa

2020

7. Biomed Europa: after the coronavirus, a public infrastructure to overcome the pharmaceutical oligopoly
   CIRIEC Working Papers, CIRIEC - Université de Liège View citations (5)
   See also Journal Article Biomed Europa: After the coronavirus, a public infrastructure to overcome the pharmaceutical oligopoly, Annals of Public and Cooperative Economics, Wiley Blackwell (2021) View citations (2) (2021)
8. The Routledge Handbook of State-Owned Enterprises
   Post-Print, HAL View citations (13)

2019

9. Earth Observation in a Cost-Benefit Analysis Perspective: Cosmo SkyMed Satellites of the Italian Space Agency
   Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
10. Firm Ownership, Quality of Government and Innovation
    Working Papers - Economics, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa
11. L’impatto sociale della produzione di scienza su larga scala: come governarlo?
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
12. Mission-oriented Public Organizations for Knowledge Creation
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
13. 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

14. Evaluating regulatory reform of network industries: a survey of empirical models based on categorical proxies
    Papers, arXiv.org View citations (10)
    Also in MPRA Paper, University Library of Munich, Germany (2017)
    Working Papers, Fondazione Eni Enrico Mattei (2017)
    See also Journal Article Evaluating regulatory reform of network industries: a survey of empirical models based on categorical proxies, Utilities Policy, Elsevier (2018) View citations (9) (2018)
15. Should Governments Fund Basic Science? Evidence from a Willingness-to-pay Experiment in Five Universities
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (3)
    See also Journal Article Should governments fund basic science? Evidence from a willingness-to-pay experiment in five universities, Journal of Economic Policy Reform, Taylor and Francis Journals (2020) View citations (1) (2020)
16. State-Owned Enterprises: Rationales for Mergers and Acquisitions
    CIRIEC Working Papers, CIRIEC - Université de Liège View citations (1)

2017

17. 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 (9)
    See also Journal Article Big science, learning, and innovation: evidence from CERN procurement, Industrial and Corporate Change, Oxford University Press and the Associazione ICC (2018) View citations (29) (2018)
18. The Empirics of Regulatory Reforms Proxied by Categorical Variables: Recent Findings and Methodological Issues
    ETA: Economic Theory and Applications, Fondazione Eni Enrico Mattei (FEEM)
19. The Socio–Economic Impact of a Breakthrough in the Particle Accelerators’ Technology: A Research Agenda
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
20. Willingness-to-Pay for Science as a Public Good: A Contingent Valuation Experiment
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano

2016

21. A Professional Premium for LHC Students: Perceptions from within
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
22. Exploring Cost-Benefit Analysis of Research, Development and Innovation Infrastructures: An Evaluation Framework
    Working Papers, CSIL Centre for Industrial Studies View citations (5)
23. The Economic Impact of CERN Procurement: Evidence from the Large Hadron Collider
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (1)
24. The History of European Infrastructure Finance: An Analytical Framework
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (1)
25. The Role of EU Policy in Supporting Technological Innovation in SMEs - a Bayesian Network Analysis of Firm-Level Data from Poland
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
26. Willingness to Pay for Basic Research: A Contingent Valuation Experiment on the Large Hadron Collider
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (4)

2015

27. Human Capital Formation at LHC: Survey Results
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (2)
28. Public Enterprises in a Global Perspective in the Last Decade
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (1)
    See also Journal Article Public Enterprises in a Global Perspective in the Last Decade, L'industria, Società editrice il Mulino (2015) View citations (1) (2015)
29. State-Owned Banks: Acquirers in M&A deals
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
    Also in CIRIEC Working Papers, CIRIEC - Université de Liège (2015)

2014

30. Le privatizzazioni: un bilancio critico
    Working Papers, CSIL Centre for Industrial Studies
31. Publicization versus Privatization: Recent Worldwide Evidence
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (2)
    Also in CIRIEC Working Papers, CIRIEC - Université de Liège (2014) View citations (2)
32. Research intensive clusters and regional innovation systems: a case study of mechatronics in Apulia
    Working Papers, CSIL Centre for Industrial Studies View citations (2)
33. 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 (8)
    See also Journal Article The Effect of Business Support on Employment in Manufacturing: Evidence from the European Union Structural Funds in Germany, Italy and Spain, European Planning Studies, Taylor & Francis Journals (2014) View citations (7) (2014)
34. The Evaluation of Research Infrastructures: a Cost-Benefit Analysis Framework
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (5)
35. The return of public enterprise
    Working Papers, CSIL Centre for Industrial Studies View citations (18)

2013

36. Corvée versus money: Micro-history of a water infrastructure in the Alps, the Rû Courtaud, 1393- 2013
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (1)
37. Privatizzazioni e debito pubblico
    Working Papers, CSIL Centre for Industrial Studies
38. The social cost of capital: recent estimates for the EU countries
    Working Papers, CSIL Centre for Industrial Studies View citations (7)
39. 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 (4)

2012

40. Electricity investment: an evaluation of the new British energy policy and its implications for the European Union
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (5)
41. The real roots of the great recession: unsustainable income distribution
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (1)

2011

42. Additionality and regional development: are EU Structural Funds complements or substitutes of national Public Finance?
    Working Papers, CSIL Centre for Industrial Studies View citations (3)
43. Appunti su a New View of Economic Growth di Maurice Fitzgerald Scott
    Working Papers, CSIL Centre for Industrial Studies
44. Consumers’ satisfaction and regulation of local public transport: evidence from European cities
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (1)
45. Le radici distributive della crisi infinita - Income distribution: the roots of the neverending crisis
    Working Papers, CSIL Centre for Industrial Studies
46. Public enterprises, policy adoption and planning: Three welfare propositions
    UNIMI - Research Papers in Economics, Business, and Statistics, Universitá degli Studi di Milano View citations (4)
    Also in Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano (2011) View citations (3)

2010

47. A Fair Price for Energy? Ownership versus Market Opening in the EU15
    CESifo Working Paper Series, CESifo View citations (2)
48. Getting Incentives Right: do we need ex post CBA?
    Working Papers, CSIL Centre for Industrial Studies View citations (6)
49. Industrial clusters and regional innovation: an evaluation and implications for economic cohesion
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (1)
50. Internationalisation and the agglomeration effect: evidence from the Italian automotive supply chain
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (1)
51. 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
52. Ownership, institutions and productivity of European electricity firms
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (2)
53. The theory of public enterprise, social welfare and planning: a note
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (2)

2009

54. Building a bridge across CBA traditions: the contribution of EU Regional Policy
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
    Also in Working Papers, CSIL Centre for Industrial Studies (2008)
55. 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)
56. L'influenza americana: diagnosi, terapia, prognosi di una pandemia economica
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
57. La crisi americana: appunti di viaggio
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
58. Privatization, unbundling, and liberalization of network industries:a discussion of the dominant policy paradigm in the EU
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (7)
59. Regional infrastructure and convergence: growth implications in a spatial framework
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (2)
    See also Journal Article Regional Infrastructure and Convergence: Growth Implications in a Spatial Framework, Transition Studies Review, Springer (2010) View citations (16) (2010)
60. Shadow wages for the EU regions
    UNIMI - Research Papers in Economics, Business, and Statistics, Universitá degli Studi di Milano View citations (6)
    Also in Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano (2009) View citations (6)
    See also Journal Article Shadow Wages for the EU Regions, Fiscal Studies, Institute for Fiscal Studies (2011) View citations (7) (2011)
61. The effect of business support on employment in manufacturing: evidence from the EU structural funds in Germany, Italy, and Spain
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (4)
62. 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 (9)
    Also in Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano (2009) View citations (2)
63. 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 View citations (1)
    Also in Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano (2009) View citations (1)

2008

64. A primer on the welfare effects of regulatory reforms in network industries
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (1)
65. Do you pay a fair price for electricity? Consumers’ satisfaction and utility reform in the EU
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (7)
66. 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 (10)
67. Infrastructure and growth in the European Union: an empirical analysis at the regional level in a spatial framework
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (14)
68. Internationalisation in the household appliances sector in Fabriano (Italy). A case study
    Working Papers, CSIL Centre for Industrial Studies
    Also in Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano (2008)
69. Internationalisation modes and determinants. The case of Italian automotive firms
    Working Papers, CSIL Centre for Industrial Studies
70. Telecom prices, regulatory reforms, and consumers’ satisfaction: evidence for 15 EU countries
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (4)
71. 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
    Also in Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano (2008) View citations (1)
72. The competitive repositioning of automotive firms in Turin: innovation, internationalisation and the role of ICT
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (1)
    Also in Working Papers, CSIL Centre for Industrial Studies (2008)
73. Utilities deprivation dynamics and energy sector reforms in seven European countries
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano

2007

74. A note on privatizations and public sector net worth: what (not) to learn from the UK experience
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (2)
75. Beni di cittadinanza e beni privati: una riflessione sui servizi pubblici ed il progetto europeo
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
76. 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 (10)
    Also in Working Papers, Fondazione Eni Enrico Mattei (2007) View citations (15)
77. European consumers’ attitudes on services of general interest: accessibility, price and quality
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (8)
78. 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 (8)
79. Il declino dell’impresa pubblica: cause, effetti, prospettive
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (1)
80. Le privatizzazioni come mito riformista
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
81. Tax Neutrality in the King-Fullerton Framework, Investment Externalities, and Growth
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (2)
82. Telecom Italia 1997-2007: a case study in privatization failures
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
83. 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 (30)
84. 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

85. Innovation strategies for SMEs and clusters: the challenges of a globalised Europe
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
86. Multi-government cost-benefit analysis: shadow prices and incentives
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (6)
87. 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

88. Privatisation shocks and aggregate output: testing for macroeconomic transmission channels
    UNIMI - Research Papers in Economics, Business, and Statistics, Universitá degli Studi di Milano
89. Privatization Discontent and Its Determinants: Evidence from Latin America
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (14)
    Also in Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano (2004) View citations (14)
90. Una teoria positiva delle privatizzazioni per i paesi in via di sviluppo: note a margine delle ultime lezioni di Jean Jacques Laffont
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano

2004

91. Cost benefit analysis, developing planning and the EU cohesion fund: learning from experience
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (2)
92. I progetti di valutazione della Commissione Europea: domanda, offerta, impatto
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
93. Il progetto Europeo come motore di crescita e il confronto con gli Stati Uniti: la politica industriale dopo il "Rapporto Sapir"
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
    See also Journal Article Il progetto europeo come motore di crescita e il confronto con gli Stati Uniti: la politica industriale dopo il "Rapporto Sapir", L'industria, Società editrice il Mulino (2005) View citations (2) (2005)
94. La valutazione in rete: una riflessione sul percorso costitutivo
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
95. The Missing Shock: The Macroeconomic Impact of British Privatisation
    Working Papers, Fondazione Eni Enrico Mattei View citations (1)
    Also in Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano (2003) View citations (2)
    See also Journal Article The missing shock: the macroeconomic impact of British Privatizations, Applied Economics, Taylor & Francis Journals (2005) View citations (6) (2005)
96. Workers' earnings in the UK before and after privatisation: a study of five industries
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano

2003

97. Cost-benefit Analysis and Rates of Return of Development Projects: An International Comparison
    Development Working Papers, Centro Studi Luca d'Agliano, University of Milano
98. 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 (7)
    Also in Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano (2003) View citations (6)
99. Electricity prices as signals for the evaluation of reforms: an empirical analysis of four European countries
    Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano
    See also Journal Article Electricity Prices as Signals for the Evaluation of Reforms: An Empirical Analysis of Four European Countries, International Review of Applied Economics, Taylor & Francis Journals (2007) View citations (14) (2007)

2002

100. A state without ownership: the welfare impact of British Privatisations 1979-1997
     Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (1)
101. 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 Privatisations as price reforms: Evaluating consumers' welfare changes in the U.K, Annals of Economics and Statistics, GENES (2004) (2004)
102. The abnormal returns of UK privatisations: from underpricing tooutperformance
     Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (1)
     See also Journal Article Abnormal returns of UK privatizations: from underpricing to outperformance, Applied Economics, Taylor & Francis Journals (2004) View citations (7) (2004)

2001

103. A logistic growth law for government expenditures: an explanatory analysis
     Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (4)
104. L'esperienza dei contratti di programma: una valutazione a metà percorso
     Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (8)
     See also Journal Article L'esperienza dei contratti di programma: una valutazione a metà percorso, L'industria, Società editrice il Mulino (2002) View citations (9) (2002)
105. Privatisations as price reforms: an analysis of consumers' welfare change in the U.K
     Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (1)
106. The welfare impact of a privatisation: the British Telecom case-history
     Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (2)

1999

107. An International Comparison of the Financial and Economic Rate of Return of Development Projects
     Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (3)
108. La Valutazione delle Politiche di sviluppo locale
     Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano

1998

109. Economic Theory, Russia and the Fading "Washington Consensus"
     Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (1)
110. Grandi e piccole imprese nel Centro-Nord e nel Mezzogiorno: un modello empirico dell'impatto occupazionale nel lungo periodo
     Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (3)
111. Planning Agreements in the Mezzogiorno: a Principal-Agent Analysis
     Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (2)
112. Planning Contracts in Southern Italy, 1986-1997: a Prelimary Evaluation
     Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (1)

1997

113. On Cross-Country Comparability of Government Statistics:OECD National Accounts 1960-94
     Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano

1996

114. Il disegno dei servizi pubblici locali dal socialismo municipale alla teoria degli incentivi
     Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (2)

1995

115. Large Firms, Entrepreneurship and Regional Policy: "Growth Poles" in the Mezzogiorno over Forty Years
     Departmental Working Papers, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano View citations (11)

Journal Articles

2023

1. A quasi-experimental design to assess the innovative impact of public procurement: An application to the Italian space industry
   Technovation, 2023, 121, (C) View citations (4)
2. Projecting the socio-economic impact of a big science center: the world’s largest particle accelerator at CERN
   Applied Economics, 2023, 55, (49), 5768-5789
3. Public support of science: A contingent valuation study of citizens' attitudes about CERN with and without information about implicit taxes
   Research Policy, 2023, 52, (1) View citations (5)
4. The social value of Earth observation: A new evaluation framework for public high-tech infrastructures
   Structural Change and Economic Dynamics, 2023, 67, (C), 407-419 View citations (1)

2022

5. Big science and innovation: gestation lag from procurement to patents for CERN suppliers
   The Journal of Technology Transfer, 2022, 47, (2), 531-555 View citations (3)
6. To what extent patents for Covid-19 mRNA vaccines are based on public research and taxpayers’ funding? A case study on the privatization of knowledge
   (For Billion-Dollar COVID Vaccines, Basic Government-Funded Science Laid the Groundwork)
   Industrial and Corporate Change, 2022, 31, (5), 1137-1151 View citations (6)

2021

7. Biomed Europa: After the coronavirus, a public infrastructure to overcome the pharmaceutical oligopoly
   Annals of Public and Cooperative Economics, 2021, 92, (3), 387-409 View citations (2)
   See also Working Paper Biomed Europa: after the coronavirus, a public infrastructure to overcome the pharmaceutical oligopoly, CIRIEC Working Papers (2020) View citations (5) (2020)
8. Knowledge creation: new frontiers for public investment
   Annals of Public and Cooperative Economics, 2021, 92, (3), 379-386

2020

9. A contingent valuation experiment about future particle accelerators at CERN
   PLOS ONE, 2020, 15, (3), 1-24 View citations (6)
10. Firm ownership, quality of government and innovation: Evidence from patenting in the telecommunication industry
    Research Policy, 2020, 49, (5) View citations (36)
11. Science, innovation, and public services: editorial introduction
    Journal of Economic Policy Reform, 2020, 23, (1), 1-15
    Also in Journal of Economic Policy Reform, 2020, 23, (1), 1-15 (2020)
12. 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 View citations (1)
    Also in Journal of Economic Policy Reform, 2020, 23, (1), 16-33 (2020) View citations (1)
    See also Working Paper Should Governments Fund Basic Science? Evidence from a Willingness-to-pay Experiment in Five Universities, Departmental Working Papers (2018) View citations (3) (2018)

2019

13. 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
14. 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 (21)
15. State-owned banks in the market for corporate control
    Journal of Economic Policy Reform, 2019, 22, (2), 120-147 View citations (1)
16. The Governance and the Social Impact of Large-Scale Science Production
    L'industria, 2019, (4), 661-692

2018

17. Big science, learning, and innovation: evidence from CERN procurement
    Industrial and Corporate Change, 2018, 27, (5), 915-936 View citations (29)
    See also Working Paper BIG SCIENCE, LEARNING AND INNOVATION: EVIDENCE FROM CERN PROCUREMENT, Departmental Working Papers of Economics - University 'Roma Tre' (2017) View citations (9) (2017)
18. 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 (5)
19. Evaluating regulatory reform of network industries: a survey of empirical models based on categorical proxies
    Utilities Policy, 2018, 55, (C), 115-128 View citations (9)
    See also Working Paper Evaluating regulatory reform of network industries: a survey of empirical models based on categorical proxies, Papers (2018) View citations (10) (2018)
20. How do research intensive systems emerge in less developed areas? The case of mechatronics in the Italian southern region Apulia
    International Journal of Technological Learning, Innovation and Development, 2018, 10, (1), 1-36
21. 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 (35)

2017

22. 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 (14)
23. Johansson, Per-Olov and Bengt Kriström: Cost-benefit analysis for project appraisal
    Journal of Economics, 2017, 121, (3), 279-281
24. Obinger, Herbert, Schmitt, Carina and Traub, Stefan: The political economy of privatization in rich democracies
    Journal of Economics, 2017, 120, (3), 283-285
25. Ownership and environmental regulation: Evidence from the European electricity industry
    Energy Economics, 2017, 61, (C), 298-312 View citations (27)
26. The targets of state capitalism: evidence from M&A deals
    European Journal of Political Economy, 2017, 47, (C), 61-74 View citations (14)

2016

27. 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 (14)
28. Institutions and Firms' Productivity: Evidence from Electricity Distribution in the EU
    Oxford Bulletin of Economics and Statistics, 2016, 78, (2), 170-196 View citations (32)
29. Per una comparative political economy dell?impresa pubblica: alcuni contributi recenti (2013-2015)
    ECONOMIA PUBBLICA, 2016, 2016/2, (2), 5-41
30. Rationales, performance and governance of public entreprises. Editorial introduction
    ECONOMIA PUBBLICA, 2016, 2016/3, (3), 5-10 View citations (1)
31. Social benefits and costs of large scale research infrastructures
    Technological Forecasting and Social Change, 2016, 112, (C), 65-78 View citations (21)

2015

32. 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 (15)
33. PUBLIC ENTERPRISES IN THE MARKET FOR CORPORATE CONTROL: RECENT WORLDWIDE EVIDENCE
    Annals of Public and Cooperative Economics, 2015, 86, (4), 559-583 View citations (11)
34. Public Enterprises in a Global Perspective in the Last Decade
    L'industria, 2015, (1), 111-138 View citations (1)
    See also Working Paper Public Enterprises in a Global Perspective in the Last Decade, Departmental Working Papers (2015) View citations (1) (2015)

2014

35. Contemporary public enterprises: innovation, accountability, governance
    Journal of Economic Policy Reform, 2014, 17, (3), 201-208 View citations (25)
36. Energy Reforms and Consumer Prices in the EU over twenty Years
    Economics of Energy & Environmental Policy, 2014, Volume 3, (Number 1) View citations (7)
37. Internationalization and industrial districts: evidence from the Italian automotive supply chain
    International Review of Applied Economics, 2014, 28, (1), 1-21 View citations (8)
38. 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 (7)
    See also Working Paper The Effect of Business Support on Employment in Manufacturing: Evidence from the European Union Structural Funds in Germany, Italy and Spain, Post-Print (2014) View citations (8) (2014)

2013

39. Electricity prices and public ownership: Evidence from the EU15 over thirty years
    Energy Economics, 2013, 39, (C), 222-232 View citations (48)
40. 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 (8)
41. User satisfaction and the organization of local public transport: Evidence from European cities
    Transport Policy, 2013, 29, (C), 209-218 View citations (28)

2012

42. Government spending and growth in second-best economies
    Economic Modelling, 2012, 29, (3), 654-663 View citations (2)
43. 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 (5)
44. Public enterprises, planning and policy adoption: three welfare propositions
    Journal of Economic Policy Reform, 2012, 15, (4), 263-279 View citations (13)

2011

45. Consumer surplus and the reform of network industries: a primer
    Journal of Economics, 2011, 102, (2), 111-122 View citations (10)
46. 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 (17)
47. Infrastructure and Growth in a Spatial Framework: Evidence from the EU regions
    European Planning Studies, 2011, 20, (8), 1393-1414 View citations (12)
48. Public Investment and Cost‐Benefit Analysis in the European Union
    Fiscal Studies, 2011, 32, (1), 3-9
49. Shadow Wages for the EU Regions
    Fiscal Studies, 2011, 32, (1), 109-143 View citations (7)
    See also Working Paper Shadow wages for the EU regions, UNIMI - Research Papers in Economics, Business, and Statistics (2009) View citations (6) (2009)
50. THE FUTURE OF PUBLIC ENTERPRISES: CONTRIBUTIONS TO A NEW DISCOURSE
    Annals of Public and Cooperative Economics, 2011, 82, (4), 361-373 View citations (23)
51. Telecom reforms in the EU: Prices and consumers' satisfaction
    Telecommunications Policy, 2011, 35, (4), 382-396 View citations (12)
52. The Real Roots of the Great Recession
    International Journal of Political Economy, 2011, 40, (4), 5-30 View citations (1)
53. «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 (31)

2010

54. 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)
55. EU Gas Industry Reforms and Consumers' Prices
    The Energy Journal, 2010, Volume 31, (Number 4), 167-182 View citations (24)
56. EU Gas Industry Reforms and Consumers’ Prices
    The Energy Journal, 2010, 31, (4), 167-182 View citations (2)
57. Energy deprivation dynamics and regulatory reforms in Europe: Evidence from household panel data
    Energy Policy, 2010, 38, (1), 253-264 View citations (20)
58. INDUSTRIAL CLUSTERS AND INNOVATION: AN EVALUATION AND IMPLICATIONS FOR ECONOMIC COHESION
    Revista Galega de Economía, 2010, 19, (ex) View citations (1)
59. Infrastructure and Convergence in the EU: Introduction
    Transition Studies Review, 2010, 17, (3), 471-474
60. Regional Infrastructure and Convergence: Growth Implications in a Spatial Framework
    Transition Studies Review, 2010, 17, (3), 475-493 View citations (16)
    See also Working Paper Regional infrastructure and convergence: growth implications in a spatial framework, Departmental Working Papers (2009) View citations (2) (2009)

2009

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

2008

63. 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
64. Privatisation and aggregate output: testing for macroeconomic transmission channels
    Empirica, 2008, 35, (5), 525-545 View citations (4)

2007

65. 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)
    See also Working Paper Electricity prices as signals for the evaluation of reforms: an empirical analysis of four European countries, Departmental Working Papers (2003) (2003)

2006

66. A positive theory of privatization for developing countries: on Jean Jacques Laffont's last lectures
    Politica economica, 2006, (2), 131-156
67. 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 (17)

2005

68. A ``European Consensus'' on the Growth Agenda? A Discussion of the Sapir Report
    Transition Studies Review, 2005, 12, (3), 411-431 View citations (4)
69. A logistic growth theory of public expenditures: A study of five countries over 100 years
    Public Choice, 2005, 122, (3), 355-393 View citations (22)
70. 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 (4)
71. Diritti di propriet? e corporate governance nei servizi di pubblica utilit?
    ECONOMIA PUBBLICA, 2005, 2005/1-2, (1-2)
72. 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)
    See also Working Paper Il progetto Europeo come motore di crescita e il confronto con gli Stati Uniti: la politica industriale dopo il "Rapporto Sapir", Departmental Working Papers (2004) (2004)
73. Segnali di prezzo: analisi empirica per la valutazione delle riforme dei servizi di pubblica utilit?
    ECONOMIA PUBBLICA, 2005, 2005/1-2, (1-2)
74. The missing shock: the macroeconomic impact of British Privatizations
    Applied Economics, 2005, 37, (14), 1585-1596 View citations (6)
    See also Working Paper The Missing Shock: The Macroeconomic Impact of British Privatisation, Working Papers (2004) View citations (1) (2004)
75. Un consensus europeo sull'Agenda per la crescita? Discussione del Rapporto Sapir
    ECONOMIA PUBBLICA, 2005, 2005/4, (4)

2004

76. Abnormal returns of UK privatizations: from underpricing to outperformance
    Applied Economics, 2004, 36, (2), 119-136 View citations (7)
    See also Working Paper The abnormal returns of UK privatisations: from underpricing tooutperformance, Departmental Working Papers (2002) View citations (1) (2002)
77. I servizi pubblici e l'integrazione economica europea. Presentazione
    ECONOMIA PUBBLICA, 2004, 2004/2, (2)
78. 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 Privatisations as price reforms: evaluating consumers' welfare changes in the UK, Working Paper CRENoS (2002) View citations (2) (2002)

2003

79. Does privatisation matter? The long-term performance of British Telecom over 40 years
    Fiscal Studies, 2003, 24, (2), 197-234 View citations (12)
80. La privatizzazione di British Telecom
    ECONOMIA PUBBLICA, 2003, 2003/2, (2)
81. Presentazione
    ECONOMIA PUBBLICA, 2003, 2003/2, (2)
82. Privatizzazioni e benessere: il caso britannico
    ECONOMIA PUBBLICA, 2003, 2003/2, (2)

2002

83. L'esperienza dei contratti di programma: una valutazione a metà percorso
    L'industria, 2002, (2), 359-396 View citations (9)
    See also Working Paper L'esperienza dei contratti di programma: una valutazione a metà percorso, Departmental Working Papers (2001) View citations (8) (2001)

2001

84. 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

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

1999

86. 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

87. 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

88. 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

89. ANALYSE COǓTS-AVANTAGES ET OBJECTIFS MACRO-ÉCONOMIQUES
    Annals of Public and Cooperative Economics, 1990, 61, (1), 63-90
90. 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

2025

1. State-Owned Enterprises in Developed Market Economies
   Cambridge Books, Cambridge University Press
   Also in Cambridge Books, Cambridge University Press (2025)

2016

2. 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

3. Network Industries and Social Welfare: The Experiment that Reshuffled European Utilities
   OUP Catalogue, Oxford University Press View citations (60)

2006

4. 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 View citations (6)

2016

2. Infrastructure Finance in Europe: Insights into the History of Water, Transport, and Telecommunications
   OUP Catalogue, Oxford University Press View citations (4)
3. The Economics of Infrastructure Provisioning: The Changing Role of the State, vol 1
   MIT Press Books, The MIT Press View citations (3)

2011

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

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)