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Infrastructure Expenditure in Italy: Recent Dynamics, International Comparisons and Regional Divides

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  • Pasqualino Montanaro

Abstract

Many see the infrastructure lag as weighing heavily on recovery of competitiveness for Italy, and Southern Italy in particular. One of the possible reasons for this lag may be that Italy has invested less than other European countries over the past decades, and even less in the South. On the evidence of the available data, imprecise, incomplete and patchy as they often are, infrastructure investment in Italy does not appear to have been smaller than in other countries, at least up to the Eighties; however, over the last two decades investment in the South has progressively declined, with negative effects on public capital accumulation.

Suggested Citation

  • Pasqualino Montanaro, 2012. "Infrastructure Expenditure in Italy: Recent Dynamics, International Comparisons and Regional Divides," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 1, March.
    • Handle: RePEc:rar:journl:0232
    as

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    References listed on IDEAS

    as
    1. Christophe Kamps, 2006. "New Estimates of Government Net Capital Stocks for 22 OECD Countries, 1960-2001," IMF Staff Papers, Palgrave Macmillan, vol. 53(1), pages 1-6.
    2. P. Montanaro, 2003. "Lo stock di capitale pubblico: una stima per regione e per tipologia di bene," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 3, pages 423-462.
    3. Christophe Kamps, 2006. "New Estimates of Government Net Capital Stocks for 22 OECD Countries, 1960-2001," IMF Staff Papers, Palgrave Macmillan, vol. 53(1), pages 1-6.
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    More about this item

    Keywords

    Public investment; Infrastructure policy;

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

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