The paper analyzes the problems of low growth, unemployment, especially youth unemployment, and high public debt afflicting the Italian economy even before the global financial crisis. These problems certainly have worsened as a result of the crisis itself. The aim of the present work is to...

La crisi economica globale che si è manifestata nel 2008 ha avuto un effetto negativo molto pesante per l’Europa e l’Italia in particolare. Essa si è rivelata la più profonda della storia economica recente. Il PIL nell’Unione Europea ha subito una contrazione di oltre il 5 per cento...

This contribution is, first and foremost, a reflection on the theme of political economy and the historical evolution of its ideas. It highlights some salient moments in the history of political economy and remembers the main protagonists who have contributed to the development of the discipline...

In Italy the rate of growth of GDP has declined over the period 2000-2006, after joining the single currency. The decrease is not incidental, but it has a structural and long-term nature, so this decrease relates to the potential growth. This weakening of growth takes place in an international...

Innovation is the key to long-term growth. The starting point of this contribution is Schumpeter's theory of innovation. The relationship between innovation and policies aimed at fostering innovative activity is also discussed. The data of the Global Innovation Index relating to 2021 are...

Il divario nel livello di sviluppo economico fra i paesi del mondo (tradizionalmente misurato dal livello del prodotto reale per addetto) e' aumentato in modo significativo a partire dagli anni '70. Questo lavoro, attraverso un esercizio di development accounting, metodologia ispirata al...

The purpose of this paper is to analyze the relationship between public and private research funding. Data from Eurostat are used. The methodology applies econometric models based on regression analyses. The main results are: public R&D expenditure is a complement for private R&D one, but the...

The paper explores into the empirical estimates of potential output currently produced by international economic institutions. As for the theoretical foundations of the notion, the paper endeavours to show how the shift from the Keynesian notion of potential output as a ceiling on actual...

This paper offers an overview of the main literature on civil social capital and its impact on economic growth. It points out, following Durlauf (2002), the econometric issues useful to improve future aggregate empirical studies on social capital.