XIII - Competition and Growth in Italy in the Long Run

edited by Alfredo Gigliobianco and Gianni Toniolo

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Is it true that a lack of competition has marred Italy's economic growth? A group of scholars explore the question from different viewpoints, framing the Italian case in history and in the international context. While the theoretical link between competition and growth seems ambiguous, empirical studies give credit to the idea that, with exceptions, more competition leads to more growth. Italy's competition deficit is measured with different techniques and, as far as possible, explained. Is it culture? Is it the strength of interest groups? Is it policy? Or is it the whole organization of society, and notably a welfare system that tends to bind workers permanently to their jobs, that conspire against competition? Case studies of relevant sectors (chemicals, retail trade, and banking) complete the book, gauging the effects of competition (or the lack of it) on sectorial price dynamics and productivity.

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  1. 31 December 2017
    XIII - Competition and Growth in Italy in the Long Run
    PDF 3 MB

    edited by Alfredo Gigliobianco and Gianni Toniolo (CONTENTS OF THE VOLUME)

  2. 31 December 2017
    XIII - Competition and Growth in Italy in the Long Run (only in Italian)
    PDF 10 MB

    edited by Alfredo Gigliobianco and Gianni Toniolo