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Railways and the productivity gap in Italy : persistence and divergence after unification
Pontarollo, Nicola; Ricciuti, Roberto - 2015
The political unification of Italy in 1861 led to the establishment of a single market, by removing the trade barriers … same time, the Kingdom of Italy started a large infrastructure project to spread railways, which were largely confined in … Northern Italy, all over the country. Using tools from spatial econometrics, we find that railways played a positive effect on …
Persistent link: https://www.econbiz.de/10011295798
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What drives taxi drivers? : a field experiment on fraud in a market for credence goods
Balafoutas, Loukas; Beck, Adrian; Kerschbamer, Rudolf; … - 2011
Credence goods are characterized by informational asymmetries between sellers and consumers that invite fraudulent behavior by sellers. This paper presents the results of a natural field experiment on taxi rides in Athens, Greece, set up to measure different types of fraud and to examine the...
Persistent link: https://www.econbiz.de/10009127565
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Equity, commodity, and distillate risk for oil upstream producers and downstream consumers
Carson, Scott Alan - 2023
The oil and gas industry's role in economic activity is hard to overstate. This study considers upstream, midstream, and downstream oil producer returns and risk compared to downstream oil consumers in airlines, ground-freight, railroads, and tire manufacturing. Between 2000 and 2020, the oil...
Persistent link: https://www.econbiz.de/10014280127
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Striking evidence : the impact of railway strikes on competition from intercity bus services in Germany
Beestermöller, Matthias Gerhard; Jessen-Thiesen, Levke; … - 2023
This paper investigates the impact of the largest rail strikes in German history on intercity buses - a then newly liberalised market. Using unique booking data of bus services, we exploit variation in rail service cancellations across routes to show that the disruption in rail transport...
Persistent link: https://www.econbiz.de/10014292134
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Law enforcement, municipal budgets and spillover effects : evidence from a quasi-experiment in Italy
Galletta, Sergio - 2016
In this paper, I empirically investigate the presence of spillover effects resulting from the strengthening of law enforcement against corruption and organized crime in local governments. Specifically, I take advantage of an Italian law that gives power to the central government to replace...
Persistent link: https://www.econbiz.de/10011415917
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A re-examination of the link between real exchange rates and real interest rate differentials
Hoffmann, Mathias; MacDonald, Ronald - 2003
The real exchange rate - real interest rate (RERI) relationship is central to most open economy macroeconomic models. However, empirical support for the relationship, especially when cointegrationbased methods are used, is rather weak. In this paper we reinvestigate the RERI relationship using...
Persistent link: https://www.econbiz.de/10011506475
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The structure and history of Italian unemployment
Bertola, Giuseppe; Garibaldi, Pietro - 2003
unemployment rates along the path that brought Italy into Europe s Economic and Monetary Union, and their disaggregated structure …
Persistent link: https://www.econbiz.de/10011507672
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Privatization in Italy 1993-2002 : goals, institutions, outcomes, and outstanding issues
Goldstein, Andrea - 2003
This paper describes the privatization program in Italy during the 1990s and puts that policy in the context of …. The wave of state divestitures reached Italy later than other OECD countries. A deep-rooted tradition of state …
Persistent link: https://www.econbiz.de/10011507688
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Assessing the "Choosiness" of job seekers : an exploratory approach and evidence for Italy
Trivellato, Ugo; Giraldo, Anna - 2003
We use data about job search and work preferences, typically collected in a Labour Force Survey, in order to construct an indicator of .choosiness. of the supply of job-seekers. The method for obtaining the indicator, first at individual level and then at aggregate levels, is based on results...
Persistent link: https://www.econbiz.de/10011507778
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Bailing out expectations and health expenditure in Italy
Bordignon, Massimo; Turati, Gilberto - 2003
In this paper we propose a simple model of bailing out that closely describes the intergovernmental relationships between the Central government and the regional governments in the Italian public health care sector. The theoretical model suggests that bail out expectations by regions can be...
Persistent link: https://www.econbiz.de/10011509433