Central and Eastern European Countries have increased the weight of international trade on their GDP and the role of Foreign Direct Investment. Some are key final market for EU companies. Their integration, though, has been triggered by outsourcing and offshoring. Data show that their industrial...

This paper presents descriptive evidence on the role of industrial districts in Italian exports. Recent data released by ISTAT allow to identify exports at the level of single industrial district. The paper first presents synthetically the main features of the Italian pattern of international...

Since the contribution of Linder (1961) product quality is considered as a factor potentially boosting exports, especially for the most industrialized countries. However, being quality difficult to be measured, the macro-econometric studies on its role are not numerous and have not produced...

In this paper we focus on the post Bretton Woods period and analyze whether a PPP relationship is accepted by the data for Italy, United States and Germany. We adopt a multivariate system approach in which, initially, we test for cointegration and then we try to identify a cointegration space in...

In this work an attempt has been made to substantiate a strong critical position towards the traditional way of planning and implementing competition policy in the majority of advanced economies, in consideration of the crucial role that such a policy can play in promoting international...

The issues at stake for determining the price of a drug are related to finding an "equitable" trade-off between the legitimate need for the pharmaceutical industry to make a profit and full exploitation of the consumer’s surplus in a market with asymmetry of information. This paper develops a...

This paper analyses the structure and dynamics of employment within the Varese Province in the 1990-1995 period, with a closer look at the manufacturing and business services sectors, and points out if and to which extent small and medium firms, which are the core of the local productive system,...

This paper reviews the theoretical and the empirical literature regarding migration in order to cast some light upon the nature of self-selection. In particular it attempts to identify the specific factors which induce a skilled rather than an un-skilled migration. As a result, some conclusions...

The paper presents some recent results on multivariate GARCH models, and proposes a parametrization which guarantees a positive definite conditional variance-covariance matrix of the disturbances. The properties of quasi-maximum likelihood estimators are showed. The latter are, in the...

The crisis of the welfare state could hinder the right to work sanctioned by the Constitution, and could make the already precarious realization of other aspects of the social contract even more difficult. This being the situation, in which we can consider the problem of unemployment as being...