The determinants of corporate profitability in the Italian domestic appliances industry

Among the industries that characterize the Italian sectoral specialization, domestic appliances have had, since the 1950s, a prominent role. However, from the beginning of the 2000s, the Italian producers have experienced a contraction in the total output and severe losses in terms of export shares in the global market. Within the industry, some firms have been successful, positively contributing to the aggregate performance, while others have...