Il miglioramento qualitativo delle produzioni italiane: evidenze da prezzi e strategie delle imprese
Autor: | Valter Di Giacinto, Giacinto Micucci |
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Rok vydání: | 2012 |
Předmět: |
Sales growth
Job creation Economics and Econometrics Engineering business.industry media_common.quotation_subject World trade Zero point five Quarter (United States coin) General Business Management and Accounting Product (business) Upgrade Economy Quality (business) Business and International Management business General Economics Econometrics and Finance Industrial organization media_common |
Zdroj: | ECONOMIA E POLITICA INDUSTRIALE. :63-110 |
ISSN: | 1972-4977 0391-2078 |
Popis: | Even before the global crisis, the Italian economy was experiencing international difficulties, although the slow growth and declining share of world trade were accompanied by a perceptible process of manufacturing transformation. The paper uses data from the Bank of Italy’s survey of manufacturers to measure a crucial aspect of the transformation, namely quality upgrading, from 2000 to 2006. The gauge of upgrading, not used in earlier literature, is the portion of price changes representing the return to value creation, both tangible (new products and the improvement of existing products) and intangible (branding policies). We find evidence that upgrading is responsible for a quarter of the firms’ average annual price increases (about zero point five out of two percentage points), with roughly equal effects from the tangible and the intangible components. The analysis also shows that product upgrade strategies help to foster job creation and sales growth. |
Databáze: | OpenAIRE |
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