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We compare the magnitude of local productivity advantages associated with two different spatial concentration patterns in Italy � 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
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
". This was followed by the "failed new turn" during the interwar years: not only were the beginnings of convergence blocked …. The second turning point, in the twenty years after the World War, produced the first substantial, lasting convergence … was in the mid-1970s, when convergence was abruptly halted and a protracted period of immobility in the disparity began. …
Persistent link: https://www.econbiz.de/10009364471
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
We develop a multi-country Dixit-Stiglitz trade model and analyze how industry location and welfare respond to changes in: (i) transport frictions (e.g., infrastructure, transportation technology); and (ii) non-transport frictions (e.g., tariffs, standards and regulations). We show that changes...
Persistent link: https://www.econbiz.de/10005111577
This paper is concerned with spatial agglomeration across industrial sectors in Italy. Following the seminal article by Ellison and Glaeser, agglomeration indexes that simultaneously control for the effect of chance and size structure of industries are presented. In particular, I compute...
Persistent link: https://www.econbiz.de/10005111578
A number of empirical studies have analyzed the effect of agglomeration on multinational investment, verifying whether the agglomerated areas attract foreign direct investment inflows. Despite the large number of papers, no systematic attempt has been made to disentangle whether FDI are...
Persistent link: https://www.econbiz.de/10005113520
This paper provides a descriptive analysis of the size and the industrial and geographic distribution of Information and Communication Technologies (ICT) sector in Italy. The discussion is organized into two sections. The first, based on OECD list of countries in "ICT Intensity Groups", show...
Persistent link: https://www.econbiz.de/10005113566
This paper evaluates the effects of unanticipated monetary policy shocks on Italian output on the basis of highly disaggregated data and a VAR methodology. The impact of unexpected changes in the money market interest rate on the pattern of industrial production - based on qualitative business...
Persistent link: https://www.econbiz.de/10005770787
The aim of this study is to develop a new method to measure local endowments of transport infrastructures. Starting from the analytical approach of the �new economic geography�, which emphasizes the role of spatial location in determining the growth performance of an economy, it is...
Persistent link: https://www.econbiz.de/10005609357