Industria e Mercati

Industria e Mercati

The growth of productivity has a positive influence on aggregate demand and, as suggested by the Kaldor-Verdoorn law, growth of demand has a positive effect on productivity. However, this article shows that in cases of stagnant or recessive aggregate demand, to combat the weakening of the economy, the economic literature suggests intervening with expansionary fiscal policies to increase productivity, investment in infrastructure and R&D expenditure.

Although it has now been made clear that European Union law does not make it compulsory to privatize local public services, Italy continues to follow policies of de-nationalization. This involves removing the management of such services from the public administration and increasingly relying on the market as the only efficient form of management. All Italian legislation in the sector of local public services in recent years has thus tended to constantly hinder public management in favor of outsourcing.

In Basilicata oil and gas extraction has been under way for over 20 years; the article aims to analyse the relation of this with the national consumption trends and oil production and the consequences on the local economy and employment, specifically in the area mainly involved in new business ventures in recent years, Val d’Agri. Lastly, the analysis considers the change in demographic structure and the limits of National and local planning.

In Basilicata oil and gas extraction has been under way for over 20 years; the article aims to analyse the relation of this with the national consumption trends and oil production and the consequences on the local economy and employment, specifically in the area mainly involved in new business ventures in recent years, Val d’Agri. Lastly, the analysis considers the change in demographic structure and the limits of National and local planning.

The leading position of Italy’s agro-food sector is threatened because of the Agromafia with the rise of organised crime in the sector. The article shows that criminal activities cause market distortion leading to an increase in prices and a loss of consumer buying power which depresses the economic cycle due to the fall in demand. The agro-food sector should therefore be protected and defended especially because it is capable of attracting large amounts of capital and of triggering processes of constant growth.

A large body of theoretical and empirical literature points out that investments in vocational training are able to boost corporate productivity as well as economic growth. In confirmation of this, Italian firms lag behind in the international rankings of training provision and, at the same time, are suffering a long-lasting productivity decline that slows down GDP growth rates. Using data from INDACO 2009 and CVTS4, I show that additional investments in training could be able to reverse the situation by improving the product.

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