Firm Size, Industrial Specialization and International Competitiveness: A Balance Sheet Analysis on European Firms

Giuseppe Calabrese and Giampaolo Vitali

L'industria, 2007, issue 1, 135-162

Abstract: At macroeconomic level, the Italian competitiveness is very low: the main international rating agencies put our country in the lower positions of the rankings, at the same level of many less-developed-countries. If we analyse the structural characteristics and the economic performances of Italian firms, the differences with the main European countries are not sohigh. It seems that Italian firms have the internal resources to face with the structural adjustment requested by globalization. The efforts made by entrepreneurs in terms of high investments should be supported by product and financial market reforms.

Keywords: Industrial Structure; Balance Sheet; Industrial Policy (search for similar items in EconPapers)
Date: 2007
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