Showing 1 - 10 of 26
Labor productivity convergence is a key factor in the catching up process of less developed regions. For the regional economies as a whole labor productivity differentials can be traced back to three distinct determinants: - composition effects due to the peculiar structure of the regional...
Persistent link: https://www.econbiz.de/10011318781
In this paper we compare the magnitude of local productivity advantages associated to two different spatial concentration patterns in Italy, i.e. urban areas (UA) and industrial districts (ID). UA typically display a huge concentration of population and host a wide range of economic activities,...
Persistent link: https://www.econbiz.de/10011336440
The supply of international air transport by low cost carriers (LCC) recorded a tenfold increase in Italy over the last decade. Such rapid expansion, by affecting transport costs, is likely to have induced significant effects on both the level and the composition of foreign tourism inflows. In...
Persistent link: https://www.econbiz.de/10011397285
The STARMA (space-time autoregressive moving average) model class was introduced in the mid-1970s as a spatio-temporal extension to the ARMA time series model class. To enhance the model’s ability in dealing with spatial dependence and heterogeneity of observations, the article extends...
Persistent link: https://www.econbiz.de/10011139285
Two main hypotheses are usually put forward to explain the productivity advantages of larger cities: agglomeration economies and firm selection. Combes et al. (2012) propose an empirical approach to disentangle these two effects and fail to find any impact of selection on local productivity...
Persistent link: https://www.econbiz.de/10011099615
This paper contributes to the empirical literature on the magnitude of the network effects of public infrastructures, introducing a novel approach. After estimating the dynamics common to time series for the regional public capital stock, coordinated policy shocks are identified within a...
Persistent link: https://www.econbiz.de/10011099699
Utilizing a novel econometric approach, routed around the identification and estimation of spatial panel VAR model, the paper provides new estimates of the dynamic effects of private and public R&D expenditure on innovative activity within European regions. The positive long run response of...
Persistent link: https://www.econbiz.de/10010740376
The supply of international air transport by low cost carriers (LCC) recorded a tenfold increase in Italy over the last decade. Such rapid expansion, by affecting transport costs, is likely to have induced significant effects on both the level and the composition of foreign tourism inflows. In...
Persistent link: https://www.econbiz.de/10010740482
Nel lavoro si fornisce una misura dell’impatto dell’espansione dei vettori low cost sulla dinamica della spesa per vancanze dei turisti internazionali in Italia. Per stimare tale impatto utilizziamo un dataset originale sui posti a sedere offerti sui voli operati dai vettori low cost che...
Persistent link: https://www.econbiz.de/10010875836
Even before the global crisis, the Italian economy was experiencing international difficulties, although the slow growth and declining share of world trade were accompanied by a perceptible process of manufacturing transformation. The paper uses data from the Bank of Italy’s survey of...
Persistent link: https://www.econbiz.de/10010876479