In a multivariate setting, we document that renewable energy generation has a positive impact on economic growth at the regional level in Italy. We do so by adopting panel data unit-root and cointegration tests as well as Granger non-causality tests relying on the system GMM estimator. Our...

We study aggregate profitability dynamics in Italy from 1995 to 2009, by stressing its regional trends. We make use of various analytic approaches, such as decompositions, analysis of the ranking of the profit rate of the various regions and of their coefficient of variation, as well as of a...

Considering a sample of about 70 Italian regions, this paper goes beyond the assumption that there exists a unique core inflationary process in a macroeconomy. We show that local long-run inflation rates can display remarkable variability. On the one hand they are negatively correlated with...