The paper develops a small open economy growth model with endogenous innovations, in the presence of environmental externalities. Building on the Grossman ad Helpman (1991) analytical framework of endogenous growth in open economies, pollution is introduced into the analysis in the form of a...

Italian Abstract: L'articolo continua il dibattito sulla "crisi nella crisi" che caratterizza l'economia in Italia. Gli autori sostengono che, mentre la crisi internazionale e specificamente la crisi europea ha notevolmente contribuito al deterioramento delle prospettive economiche dell'Italia,...

This paper examines the relationship between international production and exports for a number of countries. In the theoretical literature the relationship between direct investment and trade is not certain apriori: some works emphasize their complementarity, others their reciprocal...