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As part of the Lome Convention the STABEX programme is one of the instruments of the European Union's development policy. Its objective is to reduce the instability of the agricultural export earnings of the developing countries which signed the agreement. By working on a commodity-by-commodity...
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This study analyses how firms' internal variables and regional factors affect total factor productivity (TFP) of Italian manufacturing firms. Due to the hierarchical structure of our data, we employ a multilevel model that allows for a clear distinction between firm and region-specific effects....
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This paper provides a systematic empirical investigation of the effect of R&D Spillovers on firms' production in Italy. Using panel data for manufacturing firms over the period 1998-2003, we estimate a system of equations based on a translog production function. The analysis indicates that...
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This paper estimates the impact of R&D expenditures on Italian firm productivity. For the period 1989-1997 we consider a Cobb-Douglas production function augmented by R&D intensity. Final outcomes suggest that the rate of return of R&D investments is 20% over 1989-1994 and 22% over 1995-1997.
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This paper assesses the impact of Research and Development (R&D) efforts on production in the North and Centre-South of Italy by using a panel of 1,203 manufacturing firms over the period 1998–2003. The estimations are based on a nonlinear translog production function augmented by a measure of...
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