We examine the determinants of entry into Italian local banking markets during the period 1991-2002 and build a simple model in which the probability of branching in a new market depends on the features of both the local market and the potential entrant. Our econometric findings show that, all...

Since the end of the eighties in most European countries many transportation services underwent a process of deregulation. In Italy, this process has been particularly strong in the domestic air transport market, one of the largest in Europe. The end of state monopoly on the national routes and...

In this paper I exploit the introduction of some new Italian provinces duringthe nineties to evaluate whether the territorial splitting entailed some consequences in termsof local development, schooling and road quality. These are three public goods that Italianprovinces contribute to provide....

Between May and June 2012 a series of earthquakes occurred in the Po Valley in Emilia, causing deaths and widespread damages to buildings and manufacturing plants. The negative economic consequences include, beyond direct damages, also indirect costs (e.g. economic loss through production chains...