Foreign direct investment (FDI) from Multinational Enterprises (MNEs) can generate positive externalities to host countries, increasing domestic firms' productivity. Recently, the attention of researchers has moved from the analysis of ''horizontal'' spillovers – i.e. those benefits to local...

Using a cross-country analysis, this paper examines the determinants of the Italian intra-industry trade in vertically differentiated products. By considering the degree of specialization by quality within industries, we found that Italys IIT in low-quality products is higher the lower the...

Economic interactions among high-income developed countries are characterized by high degrees of both intra-industry trade and intra-industry affiliate production and sales. Similar high-income countries both heavily trade with and invest into each other. This paper examines the determinants of...

Lo scopo principale del presente Quaderno di ricerca e' quello di ritagliare l'esatto posto, per importanza e contenuto, che le teorie del circuito monetario occupano all'interno del pensiero economico. Spesse volte esaltate, nell'illusione di essere giunti davanti a paradigmi di equilibrio...

In this work, the ability of the Dynamic Objectives Aggregation Methods to solve the portfolio rebalancing problem is investigated conducting a computational study on a set of instances based on real data. The portfolio model considers a set of realistic constraints and entails the...

This paper investigates the macro-determinants of growth in Italy in a time series framework, from 1950 till 2004. The analysis of economic growth, started with the Solows (1956) and Swans (1956) famous contributions, has developed rapidly since the mid 1980s. The empirical literature follows...

One of the problems of using the financial options methodolgy to analyse investment decisions is that strategic considerations become extremely important. So, the theory of real option games combines two successful theories, namely real options and game theory. The value of flexibility can be...

Focusing on the graduates of the University of Foggia that are employed, we analyze their satisfaction with respect to the instruments given by the University to afford their actual job. By some structural equation model we have fund relations between observed and latent variables, particularly...

Taking into consideration the Italian manufacturing sector, the main purpose of this paper is to test some predictions arising from models with monopolistic competitive market. In particular, we want to investigate the two following issues. First, to what extent intra-industry trade and...