Planning contracts: regulatory developments and economic effectiveness
Journal title ECONOMIA E POLITICA INDUSTRIALE
Author/s Anna Giunta, Marianna Mantuano
Publishing Year 2010 Issue 2010/1 Language Italian
Pages 16 P. 151-166 File size 881 KB
DOI 10.3280/POLI2010-001012
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In this article we attempt an overall evaluation of what are called "planning contracts", a policy measure originally designed in 1986 to encourage large firms to invest in Southern Italy and that a new law has recently re-launched. On the basis of secondary data, we take into consideration three aspects: a) a full and detailed picture of how the regulation has changed in the course of time; b) quantitative indicators concerning investments, employment and public disbursement; c) the additionality of the incentive and the effectiveness of the negotiation process. The combined analysis of these three aspects suggests that although the planning contracts partly achieved their development goals, important changes to the policy design are needed.
Keywords: Planning contracts, large firms, consortium, south of Italy, industrial policy
Jel codes: L520, L530
- Local development that money cannot buy: Italy’sContratti di Programma Monica Andini, Guido de Blasio, in Journal of Economic Geography /2016 pp.365
DOI: 10.1093/jeg/lbu048
Anna Giunta, Marianna Mantuano, Contratti di programma: evoluzione della normativa ed efficacia economica in "ECONOMIA E POLITICA INDUSTRIALE " 1/2010, pp 151-166, DOI: 10.3280/POLI2010-001012