Would you expect twins to reach different heights? The comparison is perhaps not so accurate, but in the early 1950s Abruzzo and Sicily were economically very similar. Both were 'full members' of the underdeveloped Mezzogiorno, with little industry, few natural resources, poor transport...

Would you expect twins to reach different heights? The comparison is perhaps not so accurate, but in the early 1950s Abruzzo and Sicily were economically very similar. Both were 'full members' of the underdeveloped Mezzogiorno, with little industry, few natural resources, poor transport...

This paper analyzes the existing relationship between economic growth and the monitoring of corruption and examines the possible outcome of the implementation of a State reform in order to weed out corruption. Growth is always higher when monitoring is high and therefore corruption eradicated....

The paper analyses the recent supply side developments in France, Germany, and Italy by employing a non-parametric approach to estimate potential GDP. The analysis reveals marked heterogeneity among the three countries with regard to the contribution made by labour input. Where similarities can...

Aggregate labor productivity (ALP) growth - i.e., growth of output per unit of labor - may be decomposed into additive contributions due to within-sector productivity growth effect, dynamic structural reallocation effect (Baumol effect), and static structural reallocation effect (Denison effect)...

In this paper we address the question on whether EMU has amplified or dampened intra euro area divergencies, by looking at a time-varying VAR model of Italy’s relative performance compared with the rest of the euro area, spanning from 1976 to 2009. Our main result is that EMU does not appear...