Showing 1 - 10 of 14
This paper provides a contribution to the debate on the role of EU cohesion policy in Italy. The focus is on the territorial effects of EU spending from 1996 to 2007. The empirical analysis considers a neoclassical growth model which is augmented by the structural funds spent by each region....
Persistent link: https://www.econbiz.de/10010559176
Italy has experienced a restructuring and consolidation process in the banking industry since the 1990s’ that is expected to foster efficiency and competition. Despite the reforms, a peculiarity of the industry is the persistence of small mutual-cooperative banks (BCCs) active in narrowed...
Persistent link: https://www.econbiz.de/10015246531
Italy has experienced a restructuring and consolidation process in the banking industry since the 1990s’ that is expected to foster efficiency and competition. Despite the reforms, a peculiarity of the industry is the persistence of small mutual-cooperative banks (BCCs) active in narrowed...
Persistent link: https://www.econbiz.de/10011189005
The aim of this paper is to provide a contribution to the debate on the effectiveness of cohesion policies in Italy. It focuses on the effects of EU spending on the convergence process across Italian regions from 1996 to 2007. The empirical analysis is based on a neoclassical growth model which...
Persistent link: https://www.econbiz.de/10014195858
This article presents new evidence on the impact of Nonreciprocal Preferential Trade Policies (NRPTPs) granted by developed countries to exports from developing countries over the period 1995 to 2003. The analysis has been carried out by using three levels of data aggregation. It accounts for...
Persistent link: https://www.econbiz.de/10013107307
The authors model the channels through which public expenditure on infrastructure influences firm value and shapes its investment decisions via both adjustment costs and marginal profitability of capital. The authors test these hypotheses using a large panel of Italian firms. Empirical results...
Persistent link: https://www.econbiz.de/10013107308
This paper assesses the impact of Research and Development (R&D) efforts on production in the North and Centre-South of Italy by using a panel of 1,203 manufacturing firms over the period 1998–2003. The estimations are based on a nonlinear translog production function augmented by a measure of...
Persistent link: https://www.econbiz.de/10013107455
The paper deals with the economic growth of the open and small developing countries which signed the Lome Convention (henceforth ACPs). Results showing that earnings instability damages their economic performance can be used to support the EUpolicy of guaranteeing financial aid to those...
Persistent link: https://www.econbiz.de/10013107489
This paper provides a contribution to the debate on the role of European Union cohesion policy in Italy. The focus is on the territorial effects of European structural funds from 1996 to 2007. The empirical analysis considers a neoclassical growth model which is augmented by the structural funds...
Persistent link: https://www.econbiz.de/10013107491
This paper describes some policy instruments set up by the IMF and the European Union in order to provide financial assistance to developing countries whose economies are affected by exogenous shocks from exports side. After briefly reviewing the IMF's CFF and the EU's STABEX, the paper presents...
Persistent link: https://www.econbiz.de/10013107577