Ricevimento di giovedi dalle ore 14:00 alle 16:00 presso la stanza 239, secondo piano, edificio D6

Stefano Clò is Associate Professor of economics at the University of Florence (SECS P/02). His research interests range from energy to environmental economics. His research focuses on the evaluation of market reforms and policies designed to correct market failures, mainly in sectors of general interest, with a special attention to the reform of state-owned enterprises. He is also interested in the economics of innovation and, particularly, on evaluating the effectiveness of different policies and channels aimed at supporting innovation. His researches have been published, among others, in the European Journal of Political Economy, Energy Economics, Energy Policy, Climate Policy, Research Policy, Technovation. 

After earning a souble Ph.D. in Law and Economics at the Erasmus University of Rotterdam and at the University of Bologna, he was researcher at the University of Tor Vergata (Rome) and he worked as Adjunct Economist at the Italian Ministry of Economics and Finance (Treasury Department) from 2010 to 2012. For the period 2012-2016 he worked at the Department of Economics of the University of Milan Stefano holds a Master in Law and Economics at the Università degli Studi di Bologna and a Legal Master (LL.M.) assigned by the University of Haifa.

STEFANO CLÒ

Contact  Information

Dipartimento di Scienze per l'Economia e l'Impresa

University  of  Florence

Via delle Pandette, 32 - 50127 Firenze ,Italy

Telephone:  +39-0516560014; +39-055 2759584

e-mail: stefano.clo@unifi.it

Current  Position

Associate Professor, University of Florence

Education

PhD. European Doctorate in Law & Economics, University of Rotterdam & Bologna, 2010

European Master in Law and Economics, University of Bologna, 2005

Legal Master (LL.M.), University of Haifa, 2005

Bachelor in Economics, summa cum laude, University of Bologna, 2004

Research  Experience  and  Other  Employment

Assistant Professor in Economics (RTD-A), University of Milan

Post-doc research fellow, University of Milan

Post-doc research fellow, CEIS Foundation, University of Tor Vergata (Rome)

Adjunct Economist, Italian Ministry of Economics and Finance (Rome)

Energy Analyst, RIE consulting firm (Bologna)

Research  Fields

Primary  fields:            Public economics, Energy and Environmental Economics

Secondary  fields:        Economics of Regulation, Economics of Innovation, Law & Economics,

Teaching  Experience

2019 – Present            Environmental Economics, University of Florence (graduate)

2017-19                       European Regulatory Economics, University of Milan (graduate)

2016-17                       Microeconomics, University of Milan (undergraduate)

2012-2018                   Energy Economics, University of Bologna (graduate, crash course)

2012-16                       Public Economics, University of Milan (undergraduate, assistant professor)

2007-09                       Industrial Economics, University of Bologna (undergraduate, assistant professor)

Publications in peer-reviewed  journals:

1. “How do research intensive systems emerge in less developed areas? The case of mechatronics in the Italian southern region Apulia”, (with Florio M., Pellegrin J., Sirtori E.) Int. J. Technological Learning, Innovation and Development, 2018
2. “The targets of state capitalism: evidence from M&A deals”, (with Fiorio C. V., Florio M.) European Journal of Political Economy,  Volume 47, Pages 61–74, 2017
3. “Ownership and environmental regulation: Evidence from the European electricity industry”, Energy Economics, (with Ferraris M. Florio M.) Volume 61, Pages 298–312, 2017
4. “Italian State-Owned Enterprises After Decades of Reforms: still public?”, (with Di Giulio M., Galanti T., Sorrentino M)  Economia Pubblica (the Italian Journal of Public Economics), 2016
5. “Investment in renewables under uncertainty: fitting a feed-in scheme into ETS” (with Boffa F. and D’Amato A.,), Energy Journal, Volume 37
6. “The dark side of the sun: How solar power production affects the market value of solar and gas sources”, (with D’Adamo G.) Energy Economics, Volume 49, Pages 523–530, 2015
7. “The Merit-Order Effect in the Italian Power Market: The Impact of Solar and Wind Generation on National Wholesale Electricity Prices”, (with Cataldi A. and Zoppoli P) Energy Policy, vol. 77(c), pp 79-88. 2015
8. “Public enterprises in the market for corporate control: Recent worldwide evidence”, (with C. Del bo, M. Ferraris, C. Fiorio, M. Florio, D. Vandone) Annals of Public and Cooperative Economics, 86:4, 2015
9. Public Enterprises in a Global Perspective in the Last Decade” (with M. Ferraris and M. Florio)  L’Industria, 1, gennaio-marzo, pp. 111-138, 2015
10.  “Policy Options to improve the Effectiveness of the EU ETS: a multi-criteria analysis”, (with Battles S. and Zoppoli P.) Energy Policy, 57 477–490, 2013
11. “Grandfathering, Auctioning and Carbon Leakage: Assessing the Inconsistencies of the New ETS Directive”, Energy Policy, vol. 38, Issue 5, 2420-2430, 2010
12. “The Effectiveness of the EU Emissions Trading Scheme”, Climate Policy, 9, 227–241, 2009
13. “Emissions Trading and the Polluter-Pays Principle: Do Polluters Pay under Grandfathering?” (with Woerdman E. and Arcuri A.), Review of Law and Economics, Vol. 4, Issue 2, 2009

Books and Chapters in books:

1. “European Emissions Trading in Practice: an Economic Analysis”, monographic book, 200 pp, ed. Edward Elgar, UK, 2011
2. “Riforme elettriche tra efficienza ed equità” (edited with A. Clò, F. Boffa), eds. Il Mulino, 2014
3. “New forms of State Capitalism and State-Owned Enterprises”, in Handbook of State-Owned Enterprises (Bernier L. Florio M. eds.), Routledge, forthcoming
4. “Contemporary Development Financial Institutions in Europe” (with M. Frigerio and D. Vandone) in Handbook of State-Owned Enterprises (Bernier L. Florio M. eds.) Routledge , forthcoming
5. “Market reforms, governance and performance: lessons learned from the experience in the EU energy industries”, (with S. Thomas) in The Reform of Network Industries Evaluating Privatisation, Regulation and Liberalisation in the EU, (M. Florio eds) Edward Elgar, 2018
6. La governance europea dell’energia tra vecchi e nuovi paradigmi: cambiamenti climatici e sicurezza energetica, (with E. Di Giulio) in “Riforme elettriche tra efficienza ed equità”, eds. Il Mulino, 2014
7. Le politiche di sostegno al fotovoltaico nel mercato elettrico italiano: esiti e problematiche, in “Riforme elettriche tra efficienza ed equità”, eds. Il Mulino, 2014
8. “An introduction to the market-based instruments adopted in the Environemtnal legislation: a Law and Economics approach”, (with Boffa F.), p.69-87. in "L'Italia inadempiente, La difficile attuazione del diritto europeo in materia ambientale", CEDAM, 2012
9. “European Emissions Trading and the Polluter-Pays Principle: Assessing Grandfathering and Over-allocation”, (with Woerdman E. and Arcuri A.) in “Climate Change and European Emissions Trading: Lessons from theory and Practice”, ed. Edward Elgar, 2009

Ongoing researches and projects:

1. Guest editor for the Special issue “Innovation and services of general interest: from the lab to enterprises and citizens”, Journal of Economic Policy Reform

2. Project coordinator “Innovative spillovers from public procurement in the space industry” funded by the Italian Space Agency

3.  Project coordinator “Socio-economic Benefits from Earth observation satellite data” funded by the Italian Space Agency

4. “Firm ownership, quality of government and innovation” (with M. Florio, F. Rentocchini), working paper
5. “Trading Incentives from the Imbalance Price Regulation: Evidence from the Italian Electricity Market”, (with E. Fumagalli) working paper
6. “Support to innovation: assessing the role of development banks”, (with D. Vandone and M. Frigerio), working paper

Honors, Projects and Research Grants

18-20 Coordinator and Prime Investigator in the project "Analisi Costi-benefici delle politiche pubbliche nel settore spaziale" Agreement Agenzia Spaziale Italiana-Università di Milano

2018    National Scientific Abilitation to become Associate Professor “Abilitazione scientifica nazionale alle funzioni di professore di seconda fascia) in the following disciplinary sectors:  13/A1 Economia Politica, 13/A2 Politica Economia, 13/A3 Scienza delle Finanze,  ANVUR (Agenzia Nazionale di Valutazione del Sistema Universitario e della Ricerca)

2018    Advisory Board in the Water Service Utility Cap Holding

17-19   Scientific Committee of the CIRIEC International

16-17   Project Title Organization and governance of Services of general economic interest – Reform and performance of State-owned enterprises Technical Support to the Greek Central Administration Reform Beneficiary The Government of the Hellenic Republic Reform Partner France - Ministry of finance Contracting Authority;, European Commission, Structural Reform Support Service (SRSS) Consultant Expertise France

2014    Coordination of the project "Mercati elettrici tra efficienza ed equità" funded by Acquirente Unico

2013    National Scientific Abilitation to become Associate Professor “Abilitazione scientifica nazionale alle funzioni di professore di seconda fascia) in the following disciplinary sectors:  13/A4 Economia Applicata,  ANVUR (Agenzia Nazionale di Valutazione del Sistema Universitario e della Ricerca)

2010-   Scientific Committee of the Italian Journal ENERGIA

Presentation at conferences and workshops

2018    International Workshop on Publicly Owned Energy Companies, Edinburgh University, Edinburgh Centre for Carbon Innovation

2018    workshop "Le sfide in campo energetico per l’economia italiana e il funzionamento del mercato elettrico: decarbonizzazione, tutela dei consumatori, mercato", Banca d’Italia (Roma)

2017    ISLE Annual Conference (Italian Society of Law and Economics), LUMSA University. Roma

2017    Milan European Economic Workshop “Innovation and services of general interest: from the lab to enterprises and citizens”, University of Milan

2017    AIEE Annual Conference (Associazione Italiana di Economisti dell’Energia), LUMSA University. Roma

2017    ENEF Annual Conference (European Network of Economics of the Firm), Università S.Anna, Pisa

2016    Milan European Economic Workshop “Recent advances in the economics and management of public enterprise”, University of Milan

2016    NERI Annual conference (Network on Economics of Regulation & Institutions), Università Roma III

2016    IAERE Annual conference (Italian Association of Environmental and Resource Economics), Università di Bologna

2015    Milan European Economic Workshop “Major Public Enterprises in a global perspective”, University of Milan

2015    International Atlantic Economic Society Annual Conference, Milan

2015    NERI Annual conference (Network on Economics of Regulation & Institutions), Università di Torino

2015    ISLE Annual Conference (Italian Society of Law and Economics), Università La Sapienza, Roma

2014    IAERE Annual conference (Italian Association of Environmental and Resource Economics), Università di Miilanonual Conference of ISLE (ività, Roma

Law and Economics, ses"nt professorse, 201lano

2013    IAERE Annual conference (Italian Association of Environmental and Resource Economics), Università di Ferrara

2013    XXV Villa Mondragone International Economic Seminar Tor Vergata Foundation, Roma

2012    ISLE Annual Conference (Italian Society of Law and Economics), Università di Torino

2009    ISLE Annual Conference (Italian Society of Law and Economics), Università di Firenze

2008    XXXII Convegno di Economia e Politica Industriale, Università Chieti e Pescara

2008    ISLE Annual Conference (Italian Society of Law and Economics), Università di Bologna

2007    EAELE Annual Conference (European Association of Law and Economics), Copenhagen Business School