Environmental changes affect the livelihood of the rural population. This is especially true for those households who mainly rely on farming for their subsistence. In Northern Ghana, during the last two decades, soil erosion, the increasing unpredictability of the rains and the raise in the...

In this note we reconstruct the process by a which the decisions of a regulated local public utility, in terms of productive efficiency and quality of the service provided, impact on prices of final consumption goods, supplied in a oligopolistic market operating in the same geographic area. We...

According to mainstream economics, rational agents choose among alternatives that are supposed to be ranked and compared. This assumption is strongly criticized by sociologists and anthropologists; it may partly hold true only when the commercial transactions sphere establishes a uniform...

This paper assesses empirically whether speculation affects oil price dynamics. The growing presence of financial operators in the oil markets has led to the diffusion of trading techniques based on extrapolative expectations. Strategies of this kind foster feedback trading that may cause large...

Here we will deal with Hayek economist and without considering his theoretical production completely. In fact, the purpose of the present work is to expose and discuss Hayek’s theory of economic cycle. To try to develop our assignment in best way, naturally, we have also to deal us with...

In this work we compare three alternative procedures aimed at selecting a private partner in PPP projects: i.e. negotiation, auction and competitive negotiation. We show how the suitability of each of these selection mechanisms depends on many economic and institutional factors: e.g. the extent...

Between 1943 and 1947 a new economic order was founded, which aimed at implementing multilateral trade, international monetary cooperation and economic stability supported by government intervention. This paper describes the contribution provided to this process by a group of American economists...

The recent literature about the so called brain drain assumes that destination countries are characterized not only by higher wages than the source country, but also by a higher or at least not lower relative return to skill. As this assumption has a doubtful empirical validity, we assess...

L'obiettivo di questo articolo è quello di analizzare come la letteratura economica ha studiato le relazioni che possono instaurarsi tra istruzione, democrazia e crescita economica. La prima parte del lavoro propone una sintetica rassegna di tre filoni di ricerca che hanno esaminato...

We analyse voting on devolution of responsibilities for the provision of public goods to local governments in a federal country, with a bicameral national legislature. We suppose that devolution is a …scal reform which reduces federal public expenditure on a national public good, and...