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A new approach to search for structural breaks in the retail lending rates pass-through in the wake of EMU is proposed and implemented for Italy and Portugal. The econometric exercise shows that breakpoints cluster in the second semester 1999 and that the pass-through on short term lending is,...
Persistent link: https://www.econbiz.de/10005196396
A new approach to search for structural breaks in the retail lending rates pass-through in the wake of EMU is proposed and implemented for Italy and Portugal. The econometric exercise shows that breakpoints cluster in the second semester 1999 and that the passthrough on short term lending is, in...
Persistent link: https://www.econbiz.de/10012736818
A new approach is proposed for searching multiple unknown breaks, possibly associated with EMU, in the short term business lending rate pass-through. Multiple breaks are detected in five out of nine countries of the euro area. The last break occurs much before the start of EMU for France,...
Persistent link: https://www.econbiz.de/10012713327
The paper aims at analyzing the effect of institutional quality on labor productivity in the agricultural sector. To meet this aim, a Gaussian log-linear model was applied to 773 vineyard farms, located in 71 Italian provinces. The applied methodology enabled to quantify the overall impact of...
Persistent link: https://www.econbiz.de/10014485124
Over the last decades, economic, social, and environmental changes have profoundly affected citizen-consumer's lifestyle and food habits. Current food habits encourage people either to eat more outside home or to a massive use of convenience foods. The consequence is the increasing rate of...
Persistent link: https://www.econbiz.de/10012613820
This special issue of Agricultural and Food Economics consists of four articles that were part of the scientific programme of the First SIDEA-SIEA Joint Conference, held in Bisceglie in September 2017. The conference afforded agricultural economists the opportunity to reflect on cooperative...
Persistent link: https://www.econbiz.de/10012613864
This paper investigates whether size and speed of the pass-through of market rates into short term business lending rates have increased in the wake of the introduction of the euro. Allowing for multiple unknown structural breaks we find two in four EMU countries, and in the UK as well, and a...
Persistent link: https://www.econbiz.de/10005416792
The harmonized MIR retail interest rates for the euro area, available as of January 2003, show remarkable differences both in levels and dynamics with the previous unharmonized NRIR rates. This evidence should suggest caution in extrapolating the findings of the NRIR-based literature on the...
Persistent link: https://www.econbiz.de/10005416794
In light of the problems that characterize the modern agri-business in the definition of competitive strategies, based on internal, tangible and intangible resources, it becomes necessary to pay attention to business networks, or inter-company relations aimed at commercial transactions, exchange...
Persistent link: https://www.econbiz.de/10010908953
In recent years a number of ongoing social, economical and institutional changes have progressively led, on the one hand, to the emergence of intricate competitive scenarios, and, on the other, to a more extensive role of the food industry in modern society. Two fundamental issues – the...
Persistent link: https://www.econbiz.de/10010914624