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New evidence on State aid for firms in Italy

Giuseppe Albanese (), Rosalia Greco (), Luciano Lavecchia () and Marco Manile ()
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Rosalia Greco: Bank of Italy
Marco Manile: Bank of Italy

No 640, Questioni di Economia e Finanza (Occasional Papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: The lack of detailed information on the firms profiting from incentives in Italy makes it very difficult to perform analyses of the characteristics of State aid in this country. To close this gap, this paper exploits a new database, the National State Aid Register, which provides detailed information on incentives falling within the perimeter of State aid in accordance with EU law. Our analysis for the years 2018-19 suggests that industrial policy in Italy is highly fragmented, with fewer resources utilized with respect to the European average. We also show that this aid has been primarily used for SMEs, and to a greater extent (as a ratio of turnover) for those in Southern Italy.

Keywords: state aids; Registro nazionale degli aiuti di Stato; industrial policy; incentives (search for similar items in EconPapers)
JEL-codes: H32 L52 O25 (search for similar items in EconPapers)
Date: 2021-10
New Economics Papers: this item is included in nep-ent and nep-reg
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