This study proposes a comparative analysis at regional level, of concentration level of expenditure co-financed by the Structural Funds in the programming period 2007/13. For main types of expenditure, we evaluate by the concentration index of Herfindahl-Hirschman the level of concentration of...

The debate regarding the issue of incentives for service firms has intensified due to the persistence of a stagnation phase of the Italian economy that has driven operators to request additional assistance to support their economic activities. In this scenario, it is interesting to see how the...

In this article, we present a new methodology to develop bootstrap estimates of a social accounting matrix (SAM), by combining entropy minimization and Monte Carlo simulation techniques. An application is presented to the Italian economy, demonstrating how a set of policy measures can be...

The paper is devoted to developing quantitative foresights on the three integrated scenarios presented in the previous chapter. In particular, a short summary of the methodological aspects of quantitative foresights is provided; and, especially, the empirical results obtained at regional and...

Affuso A., Capello R. and Fratesi U. Globalization and competitive strategies in European vulnerable regions, Regional Studies. This paper highlights the role played by structural economic features and industrial competitive strategies in the performance of a group of European regions, defined...

This paper investigates the effect of real assets as collateral on the economy. I construct a model that shows how credit rationing is mitigated by the existence of bad firms whether it is linked to the value of distressed assets. Indeed, when loans are collateralized and firms are credit...

Public support to firms has been a traditional and important industrial policy measure in many countries for several decades. One of the reasons for public intervention is the existence of market failures or imperfections. Informational asymmetries between borrowers and lenders of funds in...

Public support to firms has been a traditional and important industrial policy measure in many countries for several decades. One of the reasons for public intervention is the existence of market failures or imperfections. Informational asymmetries between borrowers and lenders of funds in...