We compare the magnitude of local productivity advantages associated with two different spatial concentration patterns in Italy � urban areas and industrial districts. The former have high population density and host a wide range of economic activities, while the latter are marked by a high...

This paper analyzes the effect of information technologies (IT) in the financial sector using micro-data on a panel of over 600 Italian banks over the period 1989-2000. We estimate stochastic cost and profit functions allowing for individual banks� displacements from the efficient frontier...

This book examines America's economy over the past several decades and the sources of our recent success and comes to surprising conclusions about what we can learn from it.

This book exploresthe negative consequences of attempts to protect key U.S. manufacturing industries through the use of antidumping laws.

The author argues that American productivity and living standards, along with those of other countries, will improve only with a renewed commitment to open multilateral trade.

The author argues that American productivity and living standards, along with those of other countries, will improve only with a renewed commitment to open multilateral trade.