Rinuncia alla crescita del sistema produttivo italiano

Riccardo Gallo

ECONOMIA E POLITICA INDUSTRIALE, 2011, vol. 2011/2, issue 2, 149-157

Abstract: The Mediobanca survey on companies? financial data suggests that from 2000 to 2009 Italian industrial companies didn?t pay out on investments the whole yearly cash inflow and distributed entirely their net earnings to the shareholders. At the same time they extended property, plant and equipment useful life in order to reduce the amount of the depreciation; in this way they succeeded in saving their financial structure and profitability. The lack of competitiveness is at the same time the cause and the consequence of the decreasing shareholders? propensity to invest. Opening the markets to a more vigorous competition is the best answer to the problem of competitiveness.

Keywords: Bilanci; imprese; crescita; competitivit? (search for similar items in EconPapers)
JEL-codes: H81 (search for similar items in EconPapers)
Date: 2011
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