The Role of the National Public Enterprises in the Development of the Mezzogiorno Area

Giorgia Marinuzzi and Walter Tortorella

L'industria, 2020, issue 2, 347-366

Abstract: This paper aims to identify the role that the National Public Enterprises (npe) and itsexpenditure, in a context characterized by the growing marginalization of the Southern issue,plays in the economic processes of the Southern Italian development. For this purpose, withthe help of the Regional Public Accounts System, the trend of the capital expenditure of theExtended Public Sector is analyzed, especially its investments, by stakeholder. Empirical researchshows that the reduced effort of the npe in Southern Italy compared to the Northernand Center Italy, heavily contributed to the wider gap between the capital expenditure from2001 to 2010, and then to reduce it from the beginning of 2011 to the end of 2016. Duringthe 2001-2010 decade the trend also shows a strong contraction of the public administration’sinvestments, getting worse from 2009, which also worsened the infrastructure capacities of theMezzogiorno area (Southern Italy), being the investments of the public administration a necessarycondition to achieve a long-lasting industrial development.

Keywords: Investments; National Public Enterprises; Mezzogiorno area; Regional Public Accounts System (search for similar items in EconPapers)
Date: 2020
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