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Evolution of Italian Enterprises in the 20th Century

:	Renato Giannetti, Michelangelo Vasta
:	Renato Giannetti, Michelangelo Vasta
:	Evolution of Italian Enterprises in the 20th Century
:	Physica-Verlag
:	9783790817126
:	1
:	CHF 87.50
:

:	Volkswirtschaft
:	English

:	310
:	Wasserzeichen
:	PC/MAC/eReader/Tablet
:	PDF

During the first two-thirds of the 20th century the themes of sectorial structure and compared performance prevail in Italian economic historiography. In contrast, in the last part of the century attention is focused on the behavior of single economic actors and their micro-economic strategies.

This book intends to act as a bridge between the two approaches, and reconstructs the secular journey of Italian industrial enterprise through an original study.

	Preface	6
	Acknowledgments	12
	Contents	14
	1. The historiography	15
	1.1. Introduction	15
	1.2. The macroeconomic approach	16
	1.3. The microeconomic approach	22
	1.4. Industrial	27
	2. Industrial structure (1911 2001)	29
	2.1. Introduction	29
	2.2. The features of Italian industry in the long run	31
	2.3. The causes of change: a first approximation	37
	2.4. Additions, I: the location of Italian industry	39
	2.5. Additions, II: the rest of the secondary sector	40
	2.6. Conclusions	41
	3. The concentration of the industrial structure (1913 1971)	62
	3.1. Introduction	62
	3.2. Levels of industrial concentration	65
	3.3. The role of groups	71
	3.4. Conclusions	73
	4. The demography of manufacturing firms (1911 1971)	75
	4.1. Introduction	75
	4.2. The size distribution and mobility of firms	75
	4.3. Technology, product cycle and firm survival	82
	4.4. Conclusions	94
	5. The largest 200 manufacturing firms (1913	99
	5.1. Introduction	99
	5.2. Source and methodology	101
	5.3. Structural changes	103
	5.4. Stability turbulence	111
	5.5. Intra-sectoral turbulence: the dynamics of the incoming firms	117
	5.6. Conclusions	121
	6. Ownership and control in Italian capitalism (1911 1972)	123
	6.1. Introduction	123
	6.2. Sources and methodology	126
	6.3. Extension of the relations and collusive mechanisms	129
	6.4. Sectors and size	133
	6.5. The central companies	143
	6.6. The industrial groups	149
	6.7. Conclusions	154
	7. Firm performance (1900 1971)	165
	7.1. Introduction	165
	7.2. The regulatory framework	166
	7.3. Methodological note	167
	7.4. An overall view	170
	7.5. The profitability of the manufacturing sectors	178
	7.6. Technological intensity and profitability	188
	7.7. Firm size and profitability	190
	7.8. The determinants of firm performance	192
	7.9. Conclusions	200
	8. Business strategies from Unification up to the 1970s	202
	8.1. Introduction	202
	8.2. How the survey works	203
	8.3. The sample and its representativeness	206
	8.4. Who owned Italian industry?	209
	8.5. Between State and market	212
	8.6. Diversification or core business?	214
	8.7. Market and commercial policies	216
	8.8. Internal organization	218
	8.9. Innovative activities	221
	8.10. Labor and human capital	225
	8.11. Business financing	227
	8.12. Conclusions	230
	Annex 8.1. Sources: jubilee publication and business histories	233
	Annex 8.2. The questionnaire	242
	Annex 8.3. Compiled files	246
	9. Entrepreneurs and managers (1913 1972)	250
	9.1. Introduction	250
	9.2. Characteristics of the sample	251
	9.3. Origins of the BL: age and place (region) of birth	255
	9.4. Education and training	257
	9.5. Parliamentary offices and appointments	261
	9.6. Titles of nobility	262
	9.7. The BL by career sector	262
	9.8. The interlocking directorates among the BL	264
	9.9. Typology of the BL	265
	9.10. Conclusions	273
	Conclusions	275
	Appendix: the source and the Imita.db dataset	279
	References	284
	List of figures	305
	List of tables	306
	List of authors	309
	Index	311