Showing 1 - 10 of 21
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
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
We use Italian firm-level data to investigate the impact of trade openness on the distribution of firms across marginal cost levels. In so doing, we implement a procedure that allows us to control not only for the standard transmission bias identified in firm-level TFP regressions but also for...
Persistent link: https://www.econbiz.de/10005770759
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
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 agglomeration across 100 industrial manufacturing sectors in Italy in 1996 …
Persistent link: https://www.econbiz.de/10005111578
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
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