Suchergebnisse

Italy's National Recovery and Resilience Plan provides over 230 billion euros for rescuing the economy after the covid-19 crisis. This article provides an analysis of the Plan, with a focus on its industrial policy implications. The challenge of rebuilding the Italian economy would require less fragmentation of the measures and a medium-term development strategy, but such a vision is missing from the approach and content of the Plan. National and European resources available for addressing the crisis should focus on key priority fields, including digital technologies, environmentally sustainable economic activities, and welfare and public health services. New targeted policy tools are required, moving beyond 'horizontal' incentives to firms, and new public institutions could guide investment efforts towards a new development trajectory. JEL Classification: L5, O2, P48 ; Il Piano Nazionale di Ripresa e Resilienza (PNRR) stanzia oltre 230 miliardi di risorse per la ripartenza dell'economia dopo la crisi del Covid-19. Quest'articolo fornisce un'analisi del PNRR, con un focus sulle sue implicazioni di politica industriale. La sfida della ricostruzione dell'economia italiana richiede una minore frammentazione degli interventi e l'esplicitazione di una traiettoria di sviluppo di medio periodo; tale visione è però assente nell'impostazione e nei contenuti del Piano. Le risorse nazionali ed europee disponibili per affrontare la crisi dovrebbero concentrarsi su obiettivi e settori prioritari, come le tecnologie digitali, le attività economiche sostenibili dal punto di vista ambientale e i servizi di benessere e sanità pubblica. Sono necessari nuovi strumenti politici mirati, che vadano oltre gli incentivi 'orizzontali' alle imprese; nuove istituzioni pubbliche potrebbero guidare gli sforzi di investimento verso una nuova traiettoria di sviluppo.

The European Green Deal (EGD), launched by the European Commission in December 2019, is a major policy package addressing climate change and aiming at a "just and inclusive" transition. Several shortcomings can be identified in the EGD: it lacks a vision of a just, post-carbon economy for Europe; available resources are inadequate to reach stated objectives; and implementation tools are limited. We argue that making Europe's production systems carbon neutral would require a broader range of "green" industrial policies that need to jointly address environmental sustainability, structural change, and fairness of economic outcomes in Europe.

This article analyzes wage dispersion in a sample of Italian firms, by taking advantage of a unique Linked Employer-Employee dataset (LEED) merging four data sources from the National Institute of Statistics. An in-depth descriptive analysis conveys that knowledge-intensive services record the highest within- and between-firms wage dispersion in the sample. Regression-based results show that innovation does not drive up inequality in large companies. However, it can contribute to enlarge the within-firm wage dispersion as well as the wage gap across small firms.

The crisis started in 2008 has accelerated the decline of Italy's industry. An analysis of the current tools used in Italy's industrial and innovation policy shows that they are not able to support a revival of production and investment in Italy and to reduce Italy's gap in technological activities. A strong recovery depends on the development of a more ambitious industrial policy plan, combining Italian and European initiatives.