Paola Potestio

La struttura degli incentivi agli investimenti delle imprese nelle aree depresse: una valutazione critica della legge 488/92

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Abstract

The article analyses the structure of Italian incentives for investment projects in depressed areas of the country which came into force in 1996. The article stresses a variety of weaknesses of this structure. It is argued that the ability of the selection mechanism to create new investment appears highly suspect, and the industrial policy orientation is uncertain and vague. Technically the scheme is far from perfect. The characteristics of the results of the selections so far completed offer empirical support to the analytical considerations.

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