Foreign Direct Investments attractiveness in Italy and in the Mezzogiorno: the role of national and regional policies

Roberto Basile () and Marianna Mantuano

L'industria, 2008, issue 4, 623-642

Abstract: This paper reviews the determinants of location choice of multinational firms and discusses policy instruments to improve the foreign investment attractiveness of Italian regions. Empirical literature suggests that Italian regions attract significantly less than their potential due to the inefficiency of the bureaucratic apparatus and of the legal system. Low values of human capital, infrastructures and other regional characteristics also influence the performance of Southern regions. Two policy instruments have been used to boost the competitiveness of Southern regions: the "Planning Contracts" and the "Location Contracts", but both of them have shown a limited efficiency. Some recently created Regional Development Agencies have proved to be successful, but the lack of a national coordination still limits their effectiveness.

Keywords: Location of Foreign Direct Investment; Policies; Italy (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.rivisteweb.it/download/article/10.1430/28369 (application/pdf)
https://www.rivisteweb.it/doi/10.1430/28369 (text/html)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mul:j0hje1:doi:10.1430/28369:y:2008:i:4:p:623-642

Access Statistics for this article

L'industria is currently edited by Patrizio Bianchi

More articles in L'industria from Società editrice il Mulino
Bibliographic data for series maintained by ().