The aim of this study is to give a qualitative assessment of the impact of "1992" on a region of centre-east of Italy, Marche, under the new interesting theory of economic geography. Two basic approaches were used: that of EC that identifies 40 sensitive sectors to 1992, coupled with the presence of highly skilled labour, and the economic geography approach that looks at location, at the migration of people into the area and at the enodowment of infrastucture. The social and economic indicators suggest that the so-called sensitive sectors of the region (like textiles, clothing and footwear) are not likely to be that sensitive to 1992: trade policy is going to matter more. Skill-intensive sectors (like mechanical engineering) will face a more critical time. The low capital formation of the region and the low endowment of potential human capital for these sectors support this argument. However, the positive migration to the region over the past few years reflects the optimistic expectations about the future growth of the economy.
The impact of "1992" on Marche, Italy: an Exploration based on Economic Geography
ROMBALDONI, ROSALBA
1992
Abstract
The aim of this study is to give a qualitative assessment of the impact of "1992" on a region of centre-east of Italy, Marche, under the new interesting theory of economic geography. Two basic approaches were used: that of EC that identifies 40 sensitive sectors to 1992, coupled with the presence of highly skilled labour, and the economic geography approach that looks at location, at the migration of people into the area and at the enodowment of infrastucture. The social and economic indicators suggest that the so-called sensitive sectors of the region (like textiles, clothing and footwear) are not likely to be that sensitive to 1992: trade policy is going to matter more. Skill-intensive sectors (like mechanical engineering) will face a more critical time. The low capital formation of the region and the low endowment of potential human capital for these sectors support this argument. However, the positive migration to the region over the past few years reflects the optimistic expectations about the future growth of the economy.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.