The aim of this paper is to compare the price elasticity of import demand in the destination markets of Italian exports … to the price elasticity in the destination markets of the other main euro-area countries� exports. To this end, we use …-product combination) by Broda, Greenfield and Weinstein (2006). We find that Italy exports to markets which have, on average, a lower …

exports on domestic demand for investment. In the last decade China has increased its dependence on external demand … be highly related to exports. Overcoming serious shortcomings in available data, we estimate an investment equation for … the period 1993-2006 and find an elasticity of investment to exports in the manufacturing sector in the range between 0 …

transactions. Finally, the paper estimates the impact on residential house prices of the growing demand for housing services by …

We examine the determinants of entry into Italian local banking markets during the period 1991-2002 and build a simple … that are closest to their pre-entry locations. We also find that large banks are more able to cope with distance …-related entry costs than small banks. Finally, we show that banks have become increasingly able to open branches in distant markets …

shifts in market shares; deregulation has fostered entry in local credit markets and branch expansion, which in turn have … credit from local banks. In this paper we investigate the consequences of consolidation and entry for these borrowers … banks portfolios. Entry has a relatively persistent negative impact on credit supply to small and medium-sized firms. Our …

During the last decades there has been a widespread relaxation of legal entry barriers into the banking industry, with … removed and branching has been substantially liberalized. This paper analyzes the determinants of entry decisions into local … credit markets using a unique data set before and after deregulation of the Italian banking industry. We estimate an entry …