In questo lavoro si analizzano diverse determinanti della dimensione dei disavanzi nel Regno d'Italia durante il periodo 1861-1914. In particolare, utilizziamo un modello di elettore mediano che include l'ipotesi di illusione fiscale. L'analisi empirica, attraverso una metodologia VECM, da un...

In the last two decades of the XIX century the Italian model of economic growth shifted from agricultural to industrial. Historians maintain that this process was affected by the action of some interest groups that pursued both state protection from competition and specific public expenditure...

In this paper we analyse four determinants of turnout in petition referendums. We find that distributive referendums have higher turnout than efficiency referendums; the higher the percentage obtained by parties campaigning for abstention, the lower turnout. Furthermore, referendums held in June...

We analyse Ricardian Equivalence in open economy using a panel of 18 developed countries for 1973-1998. We use a dynamic panel estimated via instrumental variables and we discuss why this specification should be preferred to a static model estimated via ordinary least squares. We find a...

This paper reviews experiments in macroeconomics, pointing out the theoretical justifications, the strengths and weaknesses of this approach. We identify two broad classes of experiments: general equilibrium and partial equilibrium experiments, and emphasize the idea of theory testing that is...

We investigate the resource curse phenomenon using the African Governance Index that ranks African countries according to their governance quality. First, we allow countries to endogenously select in good- and bad-governance groups. Secondly, using an Arellano-Bond dynamic panel-data estimation,...