Quaderni IRCrES 16. Cap.4

The shipbuilding industry in Italy: an overview

Giuseppe Giulio Calabrese, Giampaolo Vitali

CNR-IRCrES, National Research Council of Italy – Research Institute on Sustainable Economic Growth, via Real Collegio 30, 10024 Moncalieri (TO), Italy

Corresponding author: giampaolo.vitali@ircres.cnr.it

Abstract

This paper summarizes the main results of a research project about the economic organization and the financial structure of a large sample of companies (a thousand limited companies) of the Italian shipbuilding industry. Export characteristics have been analysed, too.
Shipbuilding is a complex industry, with high heterogeneity of products and technologies, and a labour organization mainly based on a pyramidal supply chain that is localized within industrial districts. Balance sheet ratios show a robust financial structure, as well as good production dynamics, mainly thanks to a high export intensity. Results suggest good opportunities for the Italian companies to recover from the 2020 economic crisis caused by the covid pandemic.

Keywords: shipbuilding industry, industrial districts, exports.

JEL codes: L6, F14, G30

How to Cite this Article

Calabrese, G.G. & Vitali G. (2022). The shipbuilding industry in Italy: an overview. In Vitali, G. & Zoppi, I.M. (eds). CNR case histories in the Blue Planet Economy (pp. 19-32). Quaderni IRCrES 16. Moncalieri, TO: CNR-IRCrES. http://dx.doi.org/10.23760/2499-6661.2022.16.04