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The main goal of this article is to provide an ex ante assessment of the long-run average treatment e¤ect of ENP on EU-MED FTA. The novelty of this work is twofold: to present nonparametric matching estimators along with gravity estimates; to assume, as a counterfactual, the ex-post treatment...
Persistent link: https://www.econbiz.de/10009650980
The aim of this essay is to analyse the evolution of the tax design for corporate taxation in Italy with specific reference to most recent reforms. A micro-simulation model applied to a large sample of Italian companies is built to estimate the effects of the introduction of the ACE in 2012. The...
Persistent link: https://www.econbiz.de/10010581421
The education sector in Italy is mainly public and highly centralized concerning both financial and regulatory aspects. However, there are significant disparities in school spending and students’ performance across regions. This heterogeneity is also relevant in relation to the ongoing fiscal...
Persistent link: https://www.econbiz.de/10010585909
The use of bivariate cointegrated vector autoregressive models and Baba-Engle-Kraft-Kroner models ( Engle et al. 1995), is proposed for the selection of a stock portfolio (Markowitz type portfolio) based on estimates of average returns on shares and the volatility of share prices. The model put...
Persistent link: https://www.econbiz.de/10010585910
In this paper Object-Oriented Bayesian networks are proposed as a tool to model measurement errors in a categorical variable due to respondent. A mixed measurement error model is presented and an Object-Oriented Bayesian network implementing such a model is introduced. The insertion of evidence...
Persistent link: https://www.econbiz.de/10010586226
Persistent link: https://www.econbiz.de/10010548499
The ratio of saving to social income is generally conceived as the result of stable patterns of individual and institutional decisions to save. In a theoretical context in which aggregate demand is recognized as playing a part in the growth process positing a general assumption on consumption,...
Persistent link: https://www.econbiz.de/10010548918
This paper examines how the last wave of the European Union enlargement process has influenced the export competitiveness of EU countries. A technology-augmented gravity model is applied to distinguished manufacturing sectors to test the effect of the economic integration as well as the role of...
Persistent link: https://www.econbiz.de/10010550138
This paper describes the methodology, characteristics and potential use of BioPat, a dataset containing patents in the field of biofuels. The innovative methodology we use aims to solve drawbacks related to how patent data are allocated and organized in international databases. In order to...
Persistent link: https://www.econbiz.de/10010551763
In this work we present space-time models with simultaneous effect in which the relations between phenomenon measured in different sites are not determined on the base of an a priori structure, but are estimated in the model’s estimation procedure. This approach avoids superimposition of a...
Persistent link: https://www.econbiz.de/10010553116