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...

This paper aims at analyzing trends in TFP and labour productivity growth. Data Envelopment Analysis is used to estimate a technological frontier and to compare all nations to it. The estimation of Malmquist productivity index as TFP indicators allows to decompose labour productivity growth in...

A high share of foreign currency denomination of domestic public debt in rules out any recourse to inflation tax as an effective adjustment device. Anti- inflation policies based upon hard peg regimes may remove the exchange rate risk in the short run but - as pointed out by Argentina’s...

This paper deals with the evolution of automobile sector during the 1990s in Central and Eastern Europe (CEE) Countries from a double point of view. At first, we wonder about the applicability to the sector of Flying Geese (FG) model, theorised by Kaname Akmatsu in the 1930s to explain...

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...

The economic collapse of 2007-10 is described as a debt deflation crisis triggered by a speculative bubble. The basic causes are traced back to the policy choices of the great capitalist powers governing globalization. Market liberalization and the TRIPS agreements work as a sort of global...

Il lavoro esamina la relazione fra disuguaglianza e crescita nelle regioni italiane nel periodo 1990-2003. I risultati ottenuti confermano, in primo luogo, la congettura formulata dalla teoria economica più recente per cui una maggiore disuguaglianza nella distribuzione personale dei redditi...

In questo lavoro si investiga il nesso finanza-crescita aggregata in Italia nel periodo 1965-2002. Dopo una breve rassegna della letteratura teorico-empirica, il lavoro riporta i risultati di una indagine basata su regressioni di crescita in cui fattori come il tasso di investimento, il grado di...