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Foreign direct investment and agglomeration: evidence from Italy

Bronzini, Raffaello - Banca d'Italia - 2004

A number of empirical studies have analyzed the effect of agglomeration on multinational investment, verifying whether … multinational investment is still unanswered. This paper provides empirical evidence of the role of agglomeration economies in …

Persistent link: https://www.econbiz.de/10005113520

Investire in Italia? Risultati di una recente indagine empirica

Committeri, Marco - Banca d'Italia - 2004

During the past decade all industrial countries attracted sizeable inflows of foreign direct investment (FDI), excluding Italy and Japan: this fact has been interpreted as evidencing a deterioration in Italyï¿½s structural competitiveness. This paper presents the results of a survey conducted...

Persistent link: https://www.econbiz.de/10005113582

Labor market pooling: evidence from Italian industrial districts

Blasio, Guido De; Addario, Sabrina Di - Banca d'Italia - 2002

The paper provides an empirical investigation of labor market pooling. The analysis concentrates on Italian industrial districts and shows that there is fragmentary evidence of a widespread wage premium. In particular, there is no evidence of district differentials for the returns to seniority...

Persistent link: https://www.econbiz.de/10005467317

Agglomeration within and between regions: Two econometric based indicators

Giacinto, Valter Di; Pagnini, Marcello - Banca d'Italia - 2008

We propose two indexes to measure the agglomeration forces acting within and between different regions. Unlike the … existing measures of agglomeration, our model-based indexes allow for simultaneous treatment of both aspects. Local plant … parameters is dealt with, including the problem of data censoring. The statistical properties of standard agglomeration indexes …

Persistent link: https://www.econbiz.de/10005113599

Distance, bank heterogeneity and entry in local banking markets

Roberto, Felici; Marcello, Pagnini - Banca d'Italia - 2005

We examine the determinants of entry into Italian local banking markets during the period 1991-2002 and build a simple model in which the probability of branching in a new market depends on the features of both the local market and the potential entrant. Our econometric findings show that, all...

Persistent link: https://www.econbiz.de/10005111557

Corporate geography in multi-plant firms

Cappariello, Rita; Federico, Stefano; Zizza, Roberta - Banca d'Italia - 2012

This paper focuses on how multi-plant firms allocate their workforce and investments between headquarters or plants located in or close to the headquarters area (HQ plants) and those located in the same country but farther away from the headquarters area (non-HQ plants). Using survey data on...

Persistent link: https://www.econbiz.de/10011099643

Mapping local productivity advantages in Italy: industrial districts, cities or both?

Giacinto, Valter Di; Gomellini, Matteo; Micucci, Giacinto; … - Banca d'Italia - 2012

We compare the magnitude of local productivity advantages associated with two different spatial concentration patterns in Italy ï¿½ urban areas and industrial districts. The former have high population density and host a wide range of economic activities, while the latter are marked by a high...

Persistent link: https://www.econbiz.de/10009650209

Internal Geography and External Trade: regional disparities in Italy, 1861-2011

A'Hearn, Brian; Venables, Anthony J. - Banca d'Italia - 2011

This paper explores the interactions between external trade and regional disparities in the Italian economy since unification. It argues that the advantage of the North was initially based on natural advantage (in particular the endowment of water, intensive in silk production). From 1880...

Persistent link: https://www.econbiz.de/10009364461

Convergence among Italian Regions, 1861-2011

Iuzzolino, Giovanni; Pellegrini, Guido; Viesti, Gianfranco - Banca d'Italia - 2011

In 150 years, the trends in regional disparities in economic development within Italy have differed depending on whether they are gauged by longitude or by latitude. The disparities between western and eastern regions first widened and then closed; the North-South gap, by contrast, remains the...

Persistent link: https://www.econbiz.de/10009364471

Testing the 'home market effect' in a multi-country world: A theory-based approach

Behrens, Kristian; Lamorgese, Andrea R.; Ottaviano, … - Banca d'Italia - 2005

We propose a theory-based approach to testing the presence of the 'home market effect' in a multi-country world. Our framework extends Krugman's (1980, Am. Econ. Rev. 70(5), 950-959) model, in which the appeal of a country as a production site depends on both the relative size of its domestic...

Persistent link: https://www.econbiz.de/10005111549