In this article we attempt an overall evaluation of the so called “planning contracts”, a policy measure originally designed in 1986 to foster investments of large firms in Southern Italy, and recently relaunched thanks to a new law. On the base 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) additionality of the incentive and effectiveness of the negotiation process. The combined analysis of these three aspects suggest that planning contracts partly reached their developments’ goals but important changes of the policy design are needed.
Giunta, A., Mantuano, M. (2010). I contratti di programma:evoluzione della normativa ed efficacia economica. ECONOMIA E POLITICA INDUSTRIALE, 1, 151-166.
I contratti di programma:evoluzione della normativa ed efficacia economica
GIUNTA, ANNA;
2010-01-01
Abstract
In this article we attempt an overall evaluation of the so called “planning contracts”, a policy measure originally designed in 1986 to foster investments of large firms in Southern Italy, and recently relaunched thanks to a new law. On the base 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) additionality of the incentive and effectiveness of the negotiation process. The combined analysis of these three aspects suggest that planning contracts partly reached their developments’ goals but important changes of the policy design are needed.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
