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Large Firms and Southern Italy: The Relevance of Salvatore Cafiero’s Position

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  • Anna Giunta

Abstract

In this paper we argue that large firms can still play a significant role in the development of Southern Italy. It is an argument that had already been advanced by the Neo-Meridionalistiin the ’50s and ’60s and that was also upheld by Salvatore Cafiero, even in the new background of ideas and policies. In support of this stance, two aspects are discussed in the paper: the production of supply externalities in areas dominated by the large firms and the presence of economies of scale in the international projection of firms. We then go on to consider the efficiency of Planning Agreements. Designed to foster the localization of large firms in Southern Italy, this policy measure is unfortunately found to have somewhat departed from the original principles.

Suggested Citation

  • Anna Giunta, 2002. "Large Firms and Southern Italy: The Relevance of Salvatore Cafiero’s Position," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 2, June.
    • Handle: RePEc:rar:journl:0156
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    References listed on IDEAS

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    More about this item

    Keywords

    Regional Development Policy; Industrialization; Firm Organization;
    All these keywords.

    JEL classification:

    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure

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