Showing 51 - 60 of 88
Despite the fact that it provides a potentially useful analytical tool, allowing for the joint modeling of dynamic interdependencies within a group of connected areas, until lately the VAR approach had received little attention in regional science and spatial economic analysis. This paper aims...
Persistent link: https://www.econbiz.de/10008582226
Even before the global crisis, the Italian economy was in difficulties internationally, but slow growth and a declining share of world trade were accompanied by a perceptible process of manufacturing transformation. This paper, using data from the Bank of Italy�s survey of manufacturers,...
Persistent link: https://www.econbiz.de/10009020151
Two main hypotheses are usually put forward to explain the productivity advantages of larger cities: agglomeration economies and firm selection. Combes et al. (2012) propose an empirical approach to disentangle these two effects and fail to find any impact of selection on local productivity...
Persistent link: https://www.econbiz.de/10011099615
This paper contributes to the empirical literature on the magnitude of the network effects of public infrastructures, introducing a novel approach. After estimating the dynamics common to time series for the regional public capital stock, coordinated policy shocks are identified within a...
Persistent link: https://www.econbiz.de/10011099699
This paper provides an empirical evaluation of the main determinants of hotel prices in the Italian tourism industry. We pool information from two datasets: i) a database on hotel prices and attributes based on the Touring Club Italia Guide and providing information on about 1,100 hotels located...
Persistent link: https://www.econbiz.de/10011099710
The STARMA (space-time autoregressive moving average) model class was introduced in the mid-1970s as a spatio-temporal extension to the ARMA time series model class. To enhance the model’s ability in dealing with spatial dependence and heterogeneity of observations, the article extends...
Persistent link: https://www.econbiz.de/10011139285
Nel lavoro si propone una nuova metodologia empirica di misurazione del grado di integrazione economica tra il Mezzogiorno e il resto dell’Italia. La metodologia prevede la specificazione e la stima di un modello VAR (Vector Autoregressive) multi-regionale. La misura model-based di...
Persistent link: https://www.econbiz.de/10010560750
Persistent link: https://www.econbiz.de/10010567575
Abstract This paper analyses the local determinants of producer service growth in Italy, focusing on agglomeration economies. From a methodological viewpoint, we address the critique on the Glaeser et al. (1992)-type employment growth regressions by deriving a reduced-form equation that...
Persistent link: https://www.econbiz.de/10008464464
We propose two indexes to measure the agglomeration forces acting within and between different regions. Unlike the existing measures of agglomeration, our model-based indexes allow for simultaneous treatment of both aspects. Local plant diffusion in a given industry is modelled as a spatial...
Persistent link: https://www.econbiz.de/10005113599