This paper studies whether civic capital acts an effective restraint against opportunistic behavior in transactions, looking at the degree of outsourcing to external suppliers of service provision in Italian firms. Our results show that, on average, firms tend to outsource more services where...

In recent years the EU has intensified economic and institutional integration with its neighbouring countries, though with different intensity. Some countries have become EU members, some are candidate for membership and some others are part of the European Neighbouring Policy. In this scenario...

We study the link between air accessibility (measured by non-stop flights offer) and the manufacturing export of the Italian regions in Europe using a panel of 12,000 half-yearly observations ranging from 1998 to 2010. The analysis shows that the supply of non-stop flights provided by...

There has been a wide acknowledgement of the role of foreign direct investment (FDI) for economic growth and development of states, regions and cities. Special attention has been paid to FDI flows to transition economies, which owe their economic and social transformation to a large extent to...

Whenever a central government faces a sub-unit in financial distress, the unpleasant question arises of whether to assist the unit or not. On the one hand, resisting to bail out the unit may lead to default or bankruptcy, which could be very costly both economically and politically. On the other...

Tourism sector is playing an important role in the development of a region, contributing to the economy growth and job creation. Despite of the actual crisis, Tourism activities continues to growth in the last year (UNWTO 2011). Also, Spain maintains in the better positions of the world ranking....

The main aim of the paper is to investigate the co-localization patterns of three-digits manufacturing in Italy in 2010. Thus, exploratory spatial data analysis (ESDA) will be conducted using discrete and continuous models in order to capture more efficiently the phenomenon. The location...

The regional imbalance is one of the major hindrances for sustainability of economic growth of Indian economy. The persistence of imbalanced regional growth poses a serious threat to the economic growth and development, and creates economic, social and political tension among the states in...

Combining a spatial equilibrium model with a search-matching unemployment model, this paper analyzes the willingness to pay for regional amenities and the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. The results are compared...

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