Capital Accumulation, Productivity and Growth: Monitoring Italy 2005 »

Marco Malgarini is Senior Economist at the Institute for Studies and Economic Analyses (ISAE), Rome, Italy. He is also adjunct Professor of Economic Policy at the University of Tuscia in Viterbo. Gustavo Piga is Professor of Economics at the University of Rome Tor Vergata, Italy, and Managing Editor of the Rivista di Politica Economica.

One of the main explanations for the general resurgence of growth and for increasing differentials among industrial countries attributes a crucial role to IT investment, innovation produced in IT sectors and to technology diffusion from the innovative sectors to the rest of the economy. This volume studies the various aspects of the ICT revolution, with an analysis of firm-level determinants of productive efficiency and growth and the effects of internationalization and the completion of the European market.