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Publications (2)
Journal Article
– Evidence from Italian Firms
Part of Journal Special Issue
WIDER Symposium on Adaptive Efficiency and Evolving Diversity of Enterprise Ownership and Governance
Working Paper
pdf
– Evidence for Italian Public Enterprises' Investment
This study examines the effect of the hardening of the budget constraint on the investment behaviour of Italian state owned enterprises (SOEs). It carries out a natural experiment that exploits the 1987 shift of budget regimes due to the pressure of European Union economic policies on the Italian...
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