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This paper investigates the occurrence of common price shocks (co-exceedance) across different commodities. IMF monthly price series of 11 commodities are considered over the 1980-2021 period. The analysis considers two alternative stochastic processes. The first looks for common volatility...
Persistent link: https://www.econbiz.de/10015047658
This paper presents the first ever statistical reconstruction of annual tobacco consumption in Italy from 1871 to 2010. The time series of total tobacco is disaggregated into its four major components (cigars, cigarettes, cut tobacco, and snuff), both in physical and monetary term. Our task was...
Persistent link: https://www.econbiz.de/10010959118
This article employs a short-term specification of the symmetric generalised McFadden (SGM) cost function capable of accommodating quasi-fixed factors and variable returns. Temporary equilibrium and scale economies are investigated while maintaining the consistency of the estimated model with...
Persistent link: https://www.econbiz.de/10011069449
A pseudo-panel of Italian single households is used to test for rational addiction in alcohol consumption. These monthly consumption data raise problems of measurement errors and unobservable heterogeneity. To deal with the zeros in the dependent variable we adopt a specification based on...
Persistent link: https://www.econbiz.de/10009370583
Persistent link: https://www.econbiz.de/10006134386
Questa nota si propone l'obiettivo di analizzare se, e in clic misura, la produttività del lavoro nell'economia italiana degli ultimi cinquantanni sia cresciuta lungo un sentiero convergente. La struttura dell'economia italiana presa in considerazione si compone di 21 attività, il cui livello...
Persistent link: https://www.econbiz.de/10011228096
Questa nota si propone l'obiettivo di analizzare se, e in clic misura, la produttività del lavoro nell'economia italiana degli ultimi cinquantanni sia cresciuta lungo un sentiero convergente. La struttura dell'economia italiana presa in considerazione si compone di 21 attività, il cui livello...
Persistent link: https://www.econbiz.de/10005042468
Little over a year since the death of Secondo (‘Dino’) Tarditi, the Economics Faculty of the University of Siena organized an international conference,“La liberalizzazione del commercio internazionale e le politiche dell’Unione Europea per l'agricoltura e i consumatori” (Liberalizing...
Persistent link: https://www.econbiz.de/10005003994
Persistent link: https://www.econbiz.de/10005061346