Massimo Florio

University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)

Via Conservatorio 7

I-20122 Milano, 20122

Italy

http://www.demm.unimi.it/ecm/home

  • University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)

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    • Tel: +39 02 50321510
    • Fax: +39 02 50321505
SCHOLARLY PAPERS

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Ideas:
“  Cost-benefit Analysis of Research infrastructures and Big Science; state-owned enterprises; privatisation and regulation of network industries.  ”

  • University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)

    • Email
    • Tel: +39 02 50321510
    • Fax: +39 02 50321505

Scholarly Papers (91)

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1.

The Welfare Impact of a Privatization: The British Telecom Case-History

Università degli Studi di Milano Dipartimento di economia politica e aziendale working paper n.08.2001
Number of pages: 38 Posted: 21 Feb 2003
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 1,092 (19,786)

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2.

Cost-Benefit Analysis of Infrastructure Projects in an Enlarged European Union: An Incentive-Oriented Approach

Universita degli Studi di Milano DEPA Working Paper No. 13.2003
Number of pages: 32 Posted: 08 Nov 2003
Massimo Florio and Silvia Vignetti
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and CSIL - Centro Studi Industria Leggera
Downloads 814 (30,260)
Citation 11

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Cost-benefit analysis, Project Evaluation, Structural Funds, European Regional Policy

3.

The Missing Shock:The Macroeconomic Impact of British Privatisation

FEEM Working Paper No. 104.04
Number of pages: 34 Posted: 27 Nov 2003
Massimo Florio and Mara Grasseni
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and University of Milan - Department of Business Policy and Economics
Downloads 445 (66,507)

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Privatisation, United Kingdom, GDP growth

4.

Cost Benefit Analysis, Development Planning and the EU Cohesion Fund: Learning from Experience

UNIMI Economics Working Paper No. 16.2005
Number of pages: 35 Posted: 08 Dec 2004
Massimo Florio and Silvia Vignetti
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and CSIL - Centro Studi Industria Leggera
Downloads 365 (84,144)
Citation 3

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Cost-benefit analysis, transport, environment, Cohesion Fund, EU Regional Policy

5.

Regulation and Development: On Jean Jacques Laffont's Legacy

UNIMI Economics Working Paper No. 2005-16
Number of pages: 26 Posted: 02 Nov 2005
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 344 (90,052)

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Privatization, Regulation, Corruption, Incentives, Development

6.

An International Comparison of the Financial and Economic Rate of Return of Development Projects

Downloads 329 ( 94,625)
Citation 3

An International Comparison of the Financial and Economic Rate of Return of Development Projects

Università degli Studi di Milano Economia e Politica Aziendale (DEPA) Working Paper No. 99.06
Number of pages: 40 Posted: 22 Oct 2003
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 318 (97,653)

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An International Comparison of the Financial and Economic Rate of Return of Development Projects

Number of pages: 40 Posted: 13 Jul 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 11 (621,957)
Citation 5

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international, comparison, financial, economic, rate, return, development, projects

7.

Cost-Benefit Analysis and the Rates of Return of Development Projects: An Intenational Comparison

Centro Studi Luca d'Agliano Development Studies Working Papers No. 182
Number of pages: 35 Posted: 20 Apr 2004
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 300 (104,683)

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Investment projects, International institutions, Rates of return, ost-benefit analysis

8.

The Abnormal Returns of UK Privatisations: From Underpricing to Outperformance

FEEM Working Paper No. 83.2002, Cass Business School Research Paper
Number of pages: 42 Posted: 31 Oct 2002
Massimo Florio and Katiuscia Manzoni
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and City University London - Faculty of Finance
Downloads 297 (105,856)

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Privatisation, Regulation, Abnormal Returns

9.

A State Without Ownership: The Welfare Impact of British Privatisations 1979-1997

Università Degli Studi Di Milano Dipartimento Di Economia Politica E Aziendale Working Paper No. 24.2002
Number of pages: 44 Posted: 09 Apr 2003
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 267 (118,538)

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Privatisations in the UK, Welfare Impact, Cost-Benefit Analysis

10.

Economic Theory, Russia and the Fading 'Washington Consensus'

Università degli Studi di Milano Economia e Politica Aziendale (DEPA) Working Paper No. 98.08
Number of pages: 31 Posted: 22 Oct 2003
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 244 (130,153)

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Privatization, Russia, Structural reform, IMF

11.

Privatisations as Price Reforms: Evaluating Consumers' Welfare Changes in the UK

FEEM Working Paper No. 67.2002
Number of pages: 30 Posted: 30 May 2011
Rinaldo Brau and Massimo Florio
Università di Cagliari - Department of Economics & Business and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 217 (145,905)
Citation 1

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Privatization, prices, UK

12.

A Logistic Growth Law for Government Expenditures: An Explanatory Analysis

Universita degli Studi di Milano (DEPA) Working Paper No. 13
Number of pages: 53 Posted: 27 Oct 2003
Massimo Florio and Sara Colautti
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and Università degli Studi di Milano - Department of Economics
Downloads 216 (146,505)

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Public expenditure, Government, Logistic estimation

13.

Electricity Prices as Signals for the Evaluation of Reforms: An Empirical Analysis of Four European Countries

Universita degli Studi di Milano DEPA Working Paper No. 14.2003
Number of pages: 44 Posted: 09 Nov 2003
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 201 (156,722)
Citation 1

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Electricity Industry, Tariffs, Public Services, Utilities Reforms

14.

Privatization Discontent and its Determinants: Evidence from Latin America

IZA Discussion Paper No. 1587
Number of pages: 46 Posted: 11 May 2005
Daniele Checchi, Massimo Florio and Jorge Eduardo Carrera
Università degli Studi di Milano - Dipartimento di Economia Politica e Aziendale (DEPA), University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and Universidad Nacional de La Plata - Faculty of Economics
Downloads 176 (176,872)

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privatization, Latin America, distributive impact, panel survey data, social attitudes

15.

The Return of Public Enterprise

Number of pages: 12 Posted: 13 Feb 2015 Last Revised: 19 Feb 2015
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 170 (182,267)

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Public enterprise, privatization.

16.

The Use of Ex Post Cost-Benefit Analysis to Assess the Long-Term Effects of Major Infrastructure Projects

Number of pages: 18 Posted: 28 Jan 2016
Massimo Florio and Silvia Vignetti
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and CSIL - Centro Studi Industria Leggera
Downloads 129 (228,764)
Citation 1

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Cost-benefit analysis, Ex-post evaluation, Infrastructures

17.

The Europe Project as a Growth Engine and the Comparison with the United States: The Industrial Policy after the Sapir Report

UNIMI Economics Working Paper No. 33.2004
Number of pages: 24 Posted: 20 Jan 2005
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 125 (234,353)

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Europe industrial policy, research and development, public procurement, US federal budget, defense expenditures

18.

Planning Agreements in the Mezzogiorno: A Principal-Agent Analysis

UNIMI Economics Working Paper No. 98.05
Number of pages: 19 Posted: 04 Dec 2004
Massimo Florio and Irene Valsecchi
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and University of Milano-Bicocca, Department of Statistics
Downloads 95 (284,089)
Citation 1

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Planning agreements, Southern Italy, evaluation

19.

The Evaluation of Research Infrastructures: A Cost-Benefit Analysis Framework

Number of pages: 50 Posted: 27 Jan 2016
Massimo Florio and Emanuela Sirtori
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and CSIL Centre for Industrial Studies
Downloads 92 (290,004)
Citation 1

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Research infrastructures, Cost-benefit analysis, Externalities, Public good, Knowledge

20.

A Fair Price for Energy? Ownership versus Market Opening in the EU15

CESifo Working Paper Series No. 3124
Number of pages: 49 Posted: 17 Jul 2010
Carlo V. Fiorio and Massimo Florio
University of Milan - Dipartimento di Scienze Economiche, Aziendali e Statistiche and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 82 (311,549)
Citation 1

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privatisation, electricity, gas, reforms

21.

Telecom Prices, Regulatory Reforms, Consumers’ Satisfaction: Evidence for 15 EU Countries

TPRC 2009
Number of pages: 26 Posted: 06 Feb 2012
Emanuele Bacchiocchi, Massimo Florio and Marco Gambaro
Università degli Studi di Milano, University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and Università degli Studi di Milano - DEPA
Downloads 81 (313,810)

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telecom industry liberalization, privatization, impact on European consumers

22.

Additionality and Regional Development: Are EU Structural Funds Complements or Substitutes of National Public Finance?

Number of pages: 28 Posted: 27 Jan 2016
Chiara Del Bo, Massimo Florio, Emanuela Sirtori and Silvia Vignetti
University of Milan - Department of Economics, Business and Statistics, University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), CSIL Centre for Industrial Studies and CSIL - Centro Studi Industria Leggera
Downloads 74 (330,766)

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Public investment, substitution, displacement

23.

The Social Cost of Capital: Recent Estimates for the EU Countries

Number of pages: 16 Posted: 28 Jan 2016
Massimo Florio and Emanuela Sirtori
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and CSIL Centre for Industrial Studies
Downloads 72 (335,800)
Citation 1

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Social discount rate, cost-benefit analysis, project evaluation

24.

Publicization versus Privatization: Recent Worldwide Evidence

CIRIEC Working Papers 1403, CIRIEC - Université de Liège.
Number of pages: 32 Posted: 04 Apr 2015
Stefano Clò, Chiara Del Bo, Matteo Ferraris, Carlo V. Fiorio, Massimo Florio and Daniela Vandone
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), University of Milan - Department of Economics, Business and Statistics, University of Milan, University of Milan - Dipartimento di Scienze Economiche, Aziendali e Statistiche, University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and University of Milan
Downloads 72 (335,800)

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Publicization, Privatization, State-owned enterprises, M&As

25.

Shadow Wages for the EU Regions

Fiscal Studies, Vol. 32, No. 1, 2011, Università degli Studi di Milano Working Paper No. 2009-42
Number of pages: 40 Posted: 11 May 2011
Massimo Florio, Carlo Fiorio and Chiara Del Bo
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), University of Milan - Department of Business Policy and Economics (DEPA) and University of Milan - Department of Economics, Business and Statistics
Downloads 61 (366,534)

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Shadow wage, project evaluation, EU regions

26.

Planning Contracts in Southern Italy, 1986-1997: A Preliminary Evaluation

UNIMI Economics Working Paper No. 98.04
Number of pages: 33 Posted: 05 Dec 2004
Massimo Florio and Anna Giunta
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and Department of Economics Roma Tre University
Downloads 61 (366,534)
Citation 2

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Planning Agreements, Southern Italy, Evaluation

27.

Ownership, Institutions, and Productivity of European Electricity Firms

Downloads 58 (375,627)

Ownership, Institutions, and Productivity of European Electricity Firms

Number of pages: 35 Posted: 14 May 2011
Elisa Borghi, Chiara Del Bo and Massimo Florio
University of Milan - Department of Economics, Business and Statistics, University of Milan - Department of Economics, Business and Statistics and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 45 (428,120)
Citation 1

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Public ownership, electricity, productivity, institutions

Ownership, Institutions and Productivity of European Electricity Firms

Number of pages: 35 Posted: 28 Jan 2016
Massimo Florio, Elisa Borghi and Chiara Del Bo
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), University of Milan - Department of Economics, Business and Statistics and University of Milan - Department of Economics, Business and Statistics
Downloads 13 (607,337)

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Public ownership, electricity, productivity, institutions

28.

Social Cost-Benefit Analysis of HL-LHC

FCC Document Report No. CERN-ACC-2018-0014
Number of pages: 38 Posted: 06 Aug 2018
Andrea Bastianin and Massimo Florio
Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS) and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 52 (395,165)
Citation 3

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Cost-Benefit Analysis, HL-LHC

29.

Network Evaluation: Thinking on the Implementation Process

UNIMI Economics Working Paper No. 03.2004
Number of pages: 28 Posted: 14 Jan 2005
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 45 (420,123)

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Evaluation, public investment, Italy

30.

State-Owned Enterprises: Rationales for Merges and Acquisitions

CIRIEC Paper No. 2018/01
Number of pages: 36 Posted: 03 Jul 2018
Massimo Florio, Matteo Ferraris and Daniela Vandone
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), University of Milan and University of Milan
Downloads 44 (423,867)

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State-Owned Enterprises, M&As, Nationalization, Privatization

31.

Do You Pay a Fair Price for Electricity? Consumers’ Satisfaction and Utility Reform in the EU

Number of pages: 25 Posted: 13 Feb 2015
Carlo V. Fiorio and Massimo Florio
University of Milan - Dipartimento di Scienze Economiche, Aziendali e Statistiche and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 43 (427,756)
Citation 3

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consumers’ satisfaction, electricity prices, privatisation, vertical disintegration, liberalisation

32.

Exploring Cost-Benefit Analysis of Research, Development and Innovation Infrastructures: An Evaluation Framework

Number of pages: 86 Posted: 16 Jul 2018
Massimo Florio, Stefano Forte, Chiara Pancotti, Emanuela Sirtori and Silvia Vignetti
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), University of Milan - Faculty of Science and Technology, CSIL Centre for Industrial Studies, CSIL Centre for Industrial Studies and CSIL - Centro Studi Industria Leggera
Downloads 41 (435,540)

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Research infrastructures, Cost-benefit analysis, Public good, Knowledge

33.

State-Owned Banks: Acquirers in M&A Deals

Number of pages: 33 Posted: 27 Jan 2016
Emanuele Bacchiocchi, Matteo Ferrari, Massimo Florio and Daniela Vandone
Università degli Studi di Milano, University of Milan, University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and University of Milan
Downloads 37 (452,189)
Citation 1

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Inefficient Management Hypothesis; Mergers & Acquisitions; State-owned banks; Ownership

34.

The Theory of Public Enterprise, Social Welfare and Planning: A Note

Number of pages: 14 Posted: 28 Jan 2016
Massimo Florio, Elisa Borghi and Chiara Del Bo
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), University of Milan - Department of Economics, Business and Statistics and University of Milan - Department of Economics, Business and Statistics
Downloads 35 (460,761)

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Cost Benefit Analysis, Publicly provided goods, Social welfare

35.

Getting Incentives Right: Do We Need Ex Post Cba?

Number of pages: 17 Posted: 28 Jan 2016
Massimo Florio and Davide Sartori
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and CSIL Centre for Industrial Studies
Downloads 34 (465,229)
Citation 3

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CBA, Cohesion Policy, Incentives

36.

The Economic Impact of CERN Procurement: Evidence from the Large Hadron Collider

Number of pages: 21 Posted: 16 Jul 2018 Last Revised: 26 Jul 2018
Massimo Florio, Paolo Castelnovo, Emanuela Sirtori, Lucio Rossi and Stefano Forte
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS), CSIL Centre for Industrial Studies, Universita' Degli Studi Di Milano and University of Milan - Faculty of Science and Technology
Downloads 27 (499,769)

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CERN, Large Hadron Collider, technological spillovers, supply chain

37.

Consumers’ Satisfaction and Regulation of Local Public Transport: Evidence from European Cities

Number of pages: 38 Posted: 27 Jan 2016
Carlo V. Fiorio, Massimo Florio and Giovanni Perucca
University of Milan - Dipartimento di Scienze Economiche, Aziendali e Statistiche, University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and Polytechnic University of Milan
Downloads 27 (499,769)

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consumer satisfaction, liberalisation, urban transit

38.

Internationalisation and the Agglomeration Effect: Evidence from the Italian Automotive Supply Chain

Number of pages: 49 Posted: 27 Jan 2016
Emanuele Bacchiocchi, Massimo Florio and Anna Giunta
Università degli Studi di Milano, University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and Department of Economics Roma Tre University
Downloads 27 (499,769)

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Internationalisation; Automotive Industry, Agglomeration Effect, Spatial Distribution of Regional Economic Activity, Global Value Chains

39.

The History of European Infrastructure Finance: An Analytical Framework

Number of pages: 18 Posted: 16 Jul 2018 Last Revised: 27 Jul 2018
Youssef Cassis, Giuseppe De Luca and Massimo Florio
London School of Economics & Political Science (LSE), University of Palermo and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 26 (505,370)

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Infrastructure Finance, Transport, Water, Telecommunications

40.

Privatizzazioni E Debito Pubblico (Privatizations and Public Debt)

Number of pages: 6 Posted: 28 Jan 2016
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 26 (505,370)

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Public debt, privatization, tax evasion, private wealth

41.

Hierarchical Contracting in Grant Decisions: Ex-Ante and Ex-Post Evaluation in the Context of the EU Regional Policy

Downloads 25 (510,908)

Hierarchical Contracting in Grant Decisions: Ex-Ante and Ex-Post Evaluation in the Context of the EU Regional Policy

Number of pages: 25 Posted: 28 Jan 2016
Massimo Florio and Michela Cella
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)
Downloads 22 (545,910)

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Hierarchical contracting, project evaluation, EU Regional Policy

Hierarchical Contracting In Grant Decisions: Ex-ante and Ex-post Evaluation in the Context of the EURegional Policy

Università degli Studi di Milano Working Paper No. 171 – June 2009
Number of pages: 25 Posted: 13 Jul 2018
Massimo Florio and Michela Cella
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)
Downloads 3 (682,533)

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Hierarchical Contracting, Project Evaluation, EU Regional Policy

42.

Building a Bridge Across CBA Traditions: The Contribution of EU Regional Policy

Number of pages: 20 Posted: 28 Jan 2016
Massimo Florio and Silvia Vignetti
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and CSIL - Centro Studi Industria Leggera
Downloads 24 (516,733)

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Cost-benefit analysis, EU Cohesion Policy, Project appraisal

43.

A Primer on the Welfare Effects of Regulatory Reforms in Network Industries

Number of pages: 10 Posted: 13 Feb 2015
Lidia Ceriani and Massimo Florio
Bocconi University - Department of Policy Analysis and Public Management and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 24 (516,733)
Citation 2

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privatization, unbundling, liberalization, network industries

44.

Big Science, Learning and Innovation: Evidence from CERN Procurement

Number of pages: 33 Posted: 16 Jul 2018
Massimo Florio, Francesco Giffoni, Anna Giunta and Emanuela Sirtori
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), CSIL Centre for Industrial Studies, Department of Economics Roma Tre University and CSIL Centre for Industrial Studies
Downloads 22 (528,482)

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Big Science, Public Procurement, CERN, Suppliers

45.

Ownership and Performance in the Market for Corporate Control: The Role of State-Owned Enterprises

Number of pages: 38 Posted: 16 Jul 2018
Stefano Clò, Carlo V. Fiorio and Massimo Florio
University of Milan, University of Milan - Dipartimento di Scienze Economiche, Aziendali e Statistiche and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 21 (534,479)

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Mergers and acquisitions, state‐owned enterprises, privatization, ROS

46.

The Empirics of Regulatory Reforms Proxied by Categorical Variables: Recent Findings and Methodological Issues

FEEM Working Paper No. 22.2017
Number of pages: 44 Posted: 09 Jun 2017
Andrea Bastianin, Paolo Castelnovo and Massimo Florio
Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS), Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS) and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 21 (534,479)
Citation 1

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Econometrics, Policy Evaluation, Network Industries, Reforms

47.

Corvée Versus Money: Micro-History of a Water Infrastructure in the Alps, the Rû Courtaud, 1393- 2013

Number of pages: 24 Posted: 28 Jan 2016
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 21 (534,479)

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Water infrastructure, micro-history, financial history, irrigation

48.

Telecom Italia 1997-2007: A Case Study in Privatization Failures

Number of pages: 11 Posted: 16 Jul 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 19 (546,708)

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Telecom Italia, Privatization, Corporate Government

49.

Investment and Neutrality of Capital Income Taxation: Testing the King-Fullerton Framework

Downloads 18 (552,890)

Investment and Neutrality of Capital Income Taxation: Testing the King-Fullerton Framework

Number of pages: 16 Posted: 15 Jul 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 12 (614,698)

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Capital Income Taxation, King-Fullerton Framework, Tax Neutrality and Growth

Investment and Neutrality of Capital Income Taxation: Testing the King-Fullerton Framework

Università degli Studi di Milano Working Paper n. 1995-09
Number of pages: 16 Posted: 13 Jul 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 6 (658,308)

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Capital Income Taxation, King-Fullerton Framework, Tax Neutrality and Growth

50.

The Real Roots of the Great Recession: Unsustainable Income Distribution

Number of pages: 20 Posted: 13 Feb 2015
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 18 (552,890)

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Great Recession, income distribution, shares of labour and capital income

51.

Technological Learning and Innovation Gestation Lags at the Frontier of Science: From CERN Procurement to Patents

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 405
Number of pages: 53 Posted: 15 Apr 2019
Andrea Bastianin, Paolo Castelnovo, Massimo Florio and Anna Giunta
Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS), Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS), University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and Department of Economics Roma Tre University
Downloads 16 (564,964)

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Big Science; CERN; innovation; public procurement; patents; gestation lags

52.

Public Enterprises, Policy Adoption and Planning: Three Welfare Propositions

Number of pages: 28 Posted: 28 Jan 2016
Massimo Florio and Chiara Del Bo
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and University of Milan - Department of Economics, Business and Statistics
Downloads 16 (564,964)

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Cost Benefit Analysis, Publicly provided goods, Social welfare

53.

Industrial Clusters and Regional Innovation: An Evaluation and Implications for Economic Cohesion

Number of pages: 18 Posted: 28 Jan 2016
Massimo Florio, Elisa Borghi and Chiara Del Bo
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), University of Milan - Department of Economics, Business and Statistics and University of Milan - Department of Economics, Business and Statistics
Downloads 15 (571,146)

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Clusters, Innovation

54.

The Mechanisms of Technological Innovation in SMEs: A Bayesian Network Analysis of EU Regional Policy Impact on Polish Firms

Technological and Economic Development of Economy. 24(5), 2131-2160, 2018
Number of pages: 30 Posted: 19 Dec 2018
Massimo Florio, Aleksandra Parteka and Emanuela Sirtori
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), Gda?sk University of Technology - Faculty of Management and Economics and CSIL Centre for Industrial Studies
Downloads 14 (577,622)

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technological innovation, regional policy, policy impact evaluation, Bayesian network analysis, SMEs

55.

Le Privatizzazioni: Un Bilancio Critico (Privatizations: A Critical Budget)

CSIL Working Paper N. 02/2014
Number of pages: 8 Posted: 06 Aug 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 14 (577,622)

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privatization, public enterprises, public debt, social welfare

56.

Privatization, Unbundling and Liberalization of Network Industries: A Discussion of the Dominant Policy Paradigm in the EU

Number of pages: 41 Posted: 16 Jul 2018
Lidia Ceriani, Raffaele Doronzo and Massimo Florio
Bocconi University - Department of Policy Analysis and Public Management, Bank of Italy and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 14 (577,622)

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Privatization, unbundling, liberalization, network industries

57.

Imprese Pubbliche in Una Prospettiva Globale Nell'ultimo Decennio (Public Enterprises in a Global Perspective in the Last Decade)

Number of pages: 26 Posted: 06 Aug 2018
Stefano Clò, Matteo Ferraris and Massimo Florio
University of Milan, University of Milan and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
Downloads 13 (584,003)

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Privatizations, Nationalizations, Public Enterprises, M&As

58.

Human Capital Formation at LHC: Survey Results

Number of pages: 32 Posted: 26 Jan 2016
Gelsomina Catalano, Chiara Del Bo and Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), University of Milan - Department of Economics, Business and Statistics and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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Citation 1

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human capital, expectations, salary premium

59.

Una Teoria Positiva Delle Privatizzazioni Per I Paesi in Via Di Sviluppo: Note a Margine Delle Ultime Lezioni Di Jean Jacques Laffont (A Positive Theory of Privatizations for Developing Countries: Margin Notes of the Last Lessons by Jean Jacques Laffont)

Università degli Studi di Milano, Dipartimento di Scienze Economiche, Aziendali e Statistiche, Working Paper n. 2005-16 Agosto 2005
Number of pages: 26 Posted: 06 Aug 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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Privatization, Regulation, Corruption, Incentives, Development

60.

The Natuzzi Group and the Bari-Matera (Italy) Upholstered Furniture District. A Case Study of Internationalisation in a Traditional Industry

Number of pages: 33 Posted: 16 Jul 2018 Last Revised: 27 Jul 2018
Giovanni Belgiojoso, Cristina Castelli, Sara Colautti and Massimo Florio
CSIL Centre for Industrial Studies, Independent, Università degli Studi di Milano - Department of Economics and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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Internationalisation, industrial district, subcontracting

61.

Multi-Government Cost-Benefit Analysis: Shadow Prices and Incentives

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Multi-Government Cost-Benefit Analysis: Shadow Prices and Incentives

Fifth Milan European Economy Workshop, 26-27 maggio 2006 , Università degli Studi di Milano Working Paper n. 2006-37
Number of pages: 46 Posted: 13 Jul 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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Cost-Benefit Analysis, Incentives, Infrastructure Planning, Evaluation

Multi-Government Cost-Benefit Analysis: Shadow Prices and Incentives

Fifth Milan European Economy Workshop, 2006-37
Number of pages: 46 Posted: 15 Jul 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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Cost-Benefit Analysis, Incentives, Infrastructure Planning, Evaluation

62.

Electricity Investment: An Evaluation of the New British Energy Policy and its Implications for the European Union

Number of pages: 38 Posted: 28 Jan 2016
Massimo Florio and Chiara Del Bo
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and University of Milan - Department of Economics, Business and Statistics
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Electricity market, Energy policy, Investment

63.

The Welfare Impact of a Privatisation: The British Telecom Case-History

Number of pages: 38 Posted: 13 Jul 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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British Telecom

64.

Transitional Dynamics in a Growth Model with Government Spending, Technological Progress and Population Change

Number of pages: 26 Posted: 16 Jul 2018
Alberto Bucci, Massimo Florio and Davide La Torre
University of Milan - Department of Business Policy and Economics, University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and SKEMA Business School
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Economic Growth, Logistic Process, Dynamics, Population Change, Government Expenditure, Technological Progress

65.

Grandi E Piccole Imprese Nel Centro-Nord E Nel Mezzogiorno: Un Modello Empirico Dell’Impatto Occupazionale Nel Lungo Periodo (Large and Small Firms in Central-Northern Italy and Southern Italy: An Empirical Model of Employment Impact in the Long Term)

Dipartimento di Economia Politica e Aziendale Università degli Studi di Milano, Working Paper N. 98-2
Number of pages: 87 Posted: 07 Aug 2018
Massimo Florio, Riccardo Lucchetti and Floriana Quaglia
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), University Polytechnic of the Marches - Faculty of Economics and University of Urbino
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imprese, centro-nord, mezzogiorno, modello empirico

66.

Il Progetto Europeo Come Motore Di Crescita E Il Confronto Con Gli Stati Uniti: La Politica Industriale Dopo Il 'Rapporto Sapir' (The European Project as a Growth Engine and the Comparison with the United States: The Industrial Policy After the 'Sapir Report')

Number of pages: 24 Posted: 06 Aug 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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Europe Industrial Policy, Research And Development, Public Procurement, US Federal Budget, Defense Expenditures

67.

Willingness to Pay for Basic Research: A Contingent Valuation Experiment on the Large Hadron Collider

Number of pages: 28 Posted: 16 Jul 2018
Gelsomina Catalano, Massimo Florio and Francesco Giffoni
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and CSIL Centre for Industrial Studies
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Research infrastructures, Cost-benefit analysis, Non-Use Value, Existence value, Contingent Valuation, Large Hadron Collider

68.

European Consumers’ Attitudes on Services of General Interest: Accessibility, Price and Quality

In pubblicazione su Marrelli, M., Padovano, F. and Rizzo, I. (ed.), Servizi pubblici: nuove tendenze nella regolamentazione, nella produzione e nel finanziamento, Franco Angeli, ISBN: 9788846487865, 2007, Università degli Studi di Milano Working Paper n. 2007-04
Number of pages: 27 Posted: 13 Jul 2018
Carlo V. Fiorio, Massimo Florio, Silvia Salini and Pier Alda Ferrari
University of Milan - Dipartimento di Scienze Economiche, Aziendali e Statistiche, University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), University of Milan - Department of Business Policy and Economics (DEPA) and University of Milan - Department of Business Policy and Economics (DEPA)
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consumers’ satisfaction, gas, electricity, telephone, water, Eurobarometer

69.

L’Esperienza Dei Contratti Di Programma: Una Valutazione a Metà Percorso (Program Contracts Experience: A Half-Journey Assessment)

Number of pages: 42 Posted: 07 Aug 2018
Massimo Florio and Anna Giunta
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and Department of Economics Roma Tre University
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contratti di programma, planning contracts

70.

La Valutazione in Rete: Una Riflessione Sul Percorso Costitutivo (Evaluation on the Net: A Reflection on the Constitutive Path)

Number of pages: 28 Posted: 06 Aug 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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Evaluation, Public Investment, Italy

71.

Beni Di Cittadinanza E Beni Privati: Una Riflessione Sui Servizi Pubblici Ed Il Progetto Europeo (Citizenship and Private Goods: A Reflection on Public Services and the European Project)

Number of pages: 11 Posted: 06 Aug 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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public provision of private and public goods, citizenship rights, privatization

72.

La Teoria Economica Del Fattore Imprenditoriale: Note a Margine Di Alcune Letture Suggerite (The Economic Theory of the Entrepreneurial Factor: Notes on a Small Reading List)

Csil, Centre for International Studies, WP No. 4/2010
Number of pages: 13 Posted: 06 Aug 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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Entrepreneurship, Firms’s Size, History Of Economic Ideas

73.

Publicization versus Privatization: Recent Worldwide Evidence

Number of pages: 22 Posted: 16 Jul 2018
Stefano Clò, Chiara Del Bo, Matteo Ferraris, Carlo V. Fiorio, Massimo Florio and Daniela Vandone
University of Milan, University of Milan - Department of Economics, Business and Statistics, University of Milan, University of Milan - Dipartimento di Scienze Economiche, Aziendali e Statistiche, University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and University of Milan
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Publicization, Privatization, State-owned enterprises, M&As

74.

Utilities Deprivation Dynamics and Energy Sector Reforms in Europe

Number of pages: 23 Posted: 16 Jul 2018
Ambra Poggi and Massimo Florio
LABORatorio R. Revelli, Centre for Employment Studies and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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deprivation, utilities, privatization, liberalization, vertical disintegration, true state persistence

75.

Research Intensive Clusters and Regional Innovation Systems: A Case Study of Mechatronics in Apulia

Number of pages: 35 Posted: 16 Jul 2018
Massimo Florio, Julie Pellegrin and Emanuela Sirtori
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), CSIL Centre for Industrial Studies and CSIL Centre for Industrial Studies
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Research intensive clusters; regional innovation systems; mechatronics

76.

L’Influenza Americana: Diagnosi, Terapia, Prognosi Di Una Pandemia Economica (American Influenza: Diagnosis, Therapy, Prognosis of an Economic Pandemic)

Number of pages: 17 Posted: 06 Aug 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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American Influence, Economic Pandemic

77.

Le Radici Distributive Della Crisi Infinita (Income Distribution: The Roots of the Neverending Crisis)

CSIL Working Paper Series (2011)
Number of pages: 8 Posted: 06 Aug 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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income distribution, global crisis, financial crisis

78.

Appunti Su a New View of Economic Growth Di Maurice Fitzgerald Scott (Notes on a New View of Economic Growth by Maurice Fitzgerald Scott)

CSIL Centre for Industrial Studies No. 2011_04
Number of pages: 20 Posted: 06 Aug 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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Economic Growth, Depreciation, Public Investment, Capital Taxation

79.

La Crisi Americana: Appunti Di Viaggio (The American Crisis: Travel Notes)

Number of pages: 17 Posted: 06 Aug 2018
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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American Crisis

80.

Internationalisation in the Household Appliances Sector in Fabriano (Italy). A Case Study

CSIL Centre for Industrial Studies Working Paper N. 02/2009
Number of pages: 19 Posted: 16 Jul 2018
Gianluca Lavezzari, Sarah Paoletti, Pietro Possenti and Massimo Florio
Independent, University of Pennsylvania Law School, Independent and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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Internationalisation, Iinternational Fragmentation, Industrial Districts, Household Appliance Industry

81.

The Role of EU Policy in Supporting Technological Innovation in SMEs – A Bayesian Network Analysis of Firm-Level Data from Poland

Number of pages: 34 Posted: 16 Jul 2018
Massimo Florio, Aleksandra Parteka and Emanuela Sirtori
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), Gda?sk University of Technology - Faculty of Management and Economics and CSIL Centre for Industrial Studies
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technological innovation; innovation policy; ex-post evaluation; Bayesian Network

82.

Welfare Effects of Gas Industry Reforms in the European Union: An Empirical Analysis

Number of pages: 52 Posted: 16 Jul 2018
Rinaldo Brau, Raffaele Doronzo, Carlo V. Fiorio and Massimo Florio
Università di Cagliari - Department of Economics & Business, Bank of Italy, University of Milan - Dipartimento di Scienze Economiche, Aziendali e Statistiche and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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Natural gas industry, privatization, regulatory reform

83.

Workers’ Earnings in the UK Before and after Privatisation: A Study of Five Industries

University of Milano, Working Paper No. 2004-13
Number of pages: 28 Posted: 13 Jul 2018
Orietta Dessy and Massimo Florio
University of Milan - Department of Business Policy and Economics and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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UK, Privatisation, Workers’ earnings, Gas, Electricity, Water, Railways, Air transport

84.

The Competitive Repositioning of Automotive Firms in Turin: Innovation, Internationalisation and the Role of ICT

Number of pages: 33 Posted: 16 Jul 2018
Claudio Castelli, Massimo Florio and Anna Giunta
Cerved Group, University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and Department of Economics Roma Tre University
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Innovation, internationalisation, ICT, Automotive Industry

85.

Internationalisation Modes and Determinants. The Case of Italian Automotive Firms

Number of pages: 16 Posted: 16 Jul 2018
Emanuele Bacchiocchi, Massimo Florio and Anna Giunta
Università degli Studi di Milano, University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and Department of Economics Roma Tre University
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Internationalisation, Firm Behaviour, Auto Industry, Qualitative Choice Models

86.

Gas Industry Reforms and Consumers’ Prices in the European Union: An Empirical Analysis

Number of pages: 39 Posted: 16 Jul 2018
Rinaldo Brau, Raffaele Doronzo, Carlo V. Fiorio and Massimo Florio
Università di Cagliari - Department of Economics & Business, Bank of Italy, University of Milan - Dipartimento di Scienze Economiche, Aziendali e Statistiche and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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Natural gas industry, privatization, liberalization, regulatory reform

87.

Institutions and Firms' Productivity: Evidence from Electricity Distribution in the EU

Oxford Bulletin of Economics and Statistics, Vol. 78, Issue 2, pp. 170-196, 2016
Number of pages: 27 Posted: 03 Mar 2016
Elisa Borghi, Chiara Del Bo and Massimo Florio
University of Milan - Department of Economics, Business and Statistics, University of Milan - Department of Economics, Business and Statistics and University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)
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88.

Public Enterprises in the Market for Corporate Control: Recent Worldwide Evidence

Annals of Public and Cooperative Economics, Vol. 86, Issue 4, pp. 559-583, 2015
Number of pages: 25 Posted: 13 Oct 2015
Stefano Clò, Chiara Del Bo, Matteo Ferraris, Massimo Florio, Daniela Vandone and Carlo V. Fiorio
University of Milan, University of Milan - Department of Economics, Business and Statistics, University of Milan, University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), University of Milan and University of Milan - Dipartimento di Scienze Economiche, Aziendali e Statistiche
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public‐private deals, privatization, state‐owned enterprises, mergers and acquisitions

89.

Consumers' Attitudes on Services of General Interest in the EU: Accessibility, Price and Quality 2000-2004

FEEM Working Paper No. 2.2007
Posted: 30 Jan 2007
Carlo V. Fiorio, Massimo Florio, Silvia Salini and Pier Alda Ferrari
University of Milan - Dipartimento di Scienze Economiche, Aziendali e Statistiche, University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), University of Milan - Department of Business Policy and Economics (DEPA) and University of Milan - Department of Business Policy and Economics (DEPA)

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Consumers' Satisfaction, Gas, Electricity, Telephone, Water, Eurobarometer

90.

Market Organization and Propagation of Shocks: The Furniture Industry in Germany and Italy

Small Business Economics, Vol. 11, pp. 169-182, 1998
Posted: 10 Jan 2005
Massimo Florio
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)

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Furniture industry, Germany, Italy, VAR model

91.

Abnormal Returns of UK Privatizations: From Underpricing to Outperformance

Applied Economics, Vol. 36, No. 2, pp. 119-136, February 10, 2004, Cass Business School Research Paper
Posted: 10 Jan 2005
Massimo Florio and Katiuscia Manzoni
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) and City University London - Faculty of Finance

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Privatization, UK, initial public offerings

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1.

Research Intensive Clusters and Regional Innovation Systems: A Case Study of Mechatronics in Apulia

Number of pages: 35 Posted: 13 Feb 2015
Massimo Florio, Julie Pellegrin and Emanuela Sirtori
University of Milan - Department of Economics, Management and Quantitative Methods (DEMM), CSIL Centre for Industrial Studies and CSIL Centre for Industrial Studies
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Research intensive clusters, regional innovation systems, mechatronics.