By means of an application of the Rosse--Panzar methodology, we assess the degree of competition in the Italian car insurance market in order to evaluate the considerable fine that is imposed on 39 companies by the Italian Antitrust Authority (IAA) in 2000 for their supposed anticompetitive...

This paper explores the causality between concentration in the banking industry and economic growth. Two empirical tests are performed for Italy over the period 1991-2001: the first one is a standard Granger-Sims causality test, the second one studies the direction of causality by taking into...