This paper develops a foreign expansion index (FEI) of the firm which integrates various dimensions of commitment to internationalization, i.e. exports, foreign penetration operations and FDI. This study focuses on Italy, constructing FEIs for each of some 4,000 firms for three periods...

In this paper we examine the determinants of location choices of multinational firms in Europe. In particular, we focus on the role of EU Cohesion Policy in attracting foreign investors from both within and outside Europe. Using data on 5,509 foreign subsidiaries established in 50 regions in 8...

La nostra ipotesi è che, in seguito alla riduzione dei trasferimenti pubblici al Sud d’Italia registrata durante la prima parte degli anni novanta, le famiglie meridionali abbiano percepito una contrazione del loro reddito permanente. In seguito alla svalutazione della lira nel 1992 i...

In this work we analyze the spatial distribution of manufacturing industries in Italy using data on the number of employees in the local units localized in the Local labour Systems, as revealed by the decennial censuses from 1971 to 2001. We use the Exploratory Spatial Data Analysis, which...

This paper employs recently developed non stationary panel methodologies that assume some cross-section dependence to estimate the production function for Italian regions in the industrial sector over the period 1970-1998. The analysis consists in three steps. First, unit root tests for...

This paper investigates the pricing-to-market (PTM) behaviour of Italian exporting firms, using quarterly survey data by sector and by region over the period 1999q1-2005q2. A partial equilibrium imperfect competition model provides the structure according to which the orthogonality of structural...

This paper investigates the location of foreign direct investment (FDI) in Italy over the period 1986-1999. FDI are measured through the frequencies of acquisitions and greenfield investments per province and sector, so count data models are applied. The results show that the location...

Using a balanced longitudinal data set on Italian manufacturing firms born in 1996 and active in 2000, we analyse the firm size dynamics. The aim is to assess the presence of non-linearities and/or discontinuities in the growth behaviour generated by the employment protection legislation (EPL),...

In this paper we use spatial dependence panel data models to analyse regional growth behaviour in Italy. Controlling for fixed-effects allows us to disentangle the effect of spatial dependence (or spatial interaction) from that of spatial heterogeneity and of omitted variables and, thus, to...

Testing regional convergence hypothesis involves important data issues. In empirical circumstances the problem arises of finding the best data to test the theory and the best estimators for the associated modelling. In the literature usually little attention is given to the level of spatial...