2015
DOI: 10.2139/ssrn.2649939
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Main Drivers of the Recent Decline in Italy's Non-Construction Investment

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Cited by 4 publications
(12 citation statements)
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“…Annual average changes are taken for each sub-period; similar results are obtained when considering cumulative changes over each sub-period. See Busetti et al (2015) for a similar analysis conducted also for France, Germany and Spain. 8 Rounding up leads to small discrepancies between the aggregate investment rate and the sum of the "within" and "between" effects.…”
Section: Sectorial Drivers Of Italy's Investment Downturnmentioning
confidence: 99%
See 4 more Smart Citations
“…Annual average changes are taken for each sub-period; similar results are obtained when considering cumulative changes over each sub-period. See Busetti et al (2015) for a similar analysis conducted also for France, Germany and Spain. 8 Rounding up leads to small discrepancies between the aggregate investment rate and the sum of the "within" and "between" effects.…”
Section: Sectorial Drivers Of Italy's Investment Downturnmentioning
confidence: 99%
“…6 Since the mid-Nineties the sectorial breakdown of gross fixed tangible nonconstruction capital formation has been stable in Italy (Table 3, figures in brackets). Industry is the key sector in tangible non-construction investment, undertaking on average around 39 per cent of total expenditure, which is also a large share in an international comparison (Busetti et al 2015). Conversely, the weight of private (regulated and unregulated) services is relatively low, as is public investment spending, owing to fiscal consolidation that began in the mid-Nineties.…”
Section: Sectorial Drivers Of Italy's Investment Downturnmentioning
confidence: 99%
See 3 more Smart Citations