Showing 1 - 10 of 62
During the last twenty years, the introduction of the principle of subsidiarity and the identification of regions as political entities for the coordination of structural expenditure at the local level have led to the adoption of the principle of multi-level governance (MLG), on which principle...
Persistent link: https://www.econbiz.de/10005583219
Since the early 1990s, regional economic growth processes assume a key role in the EU policy agenda as a main tool to enhance social and economic convergence within the EU spatial landscape. Literature on regional economic growth and convergence provides some evidence on the most relevant...
Persistent link: https://www.econbiz.de/10005583233
The present paper deals with the impact of manufacturing internationalisation, in the forms of international trade, cooperation agreement and FDI, on the logistics sector. Some descriptive statistics are provided for the Italian macro-areas and the logistics employment and an econometric...
Persistent link: https://www.econbiz.de/10004967585
In this paper we propose a simple extension to the panel case of the covariate- augmented Dickey Fuller (CADF) test for unit roots developed in Hansen (1995). The extension we propose is based on a p values combination approach that takes into account cross-section dependence. We show that the...
Persistent link: https://www.econbiz.de/10009367337
This paper investigates the reasons that determine students’ mobility in Italy and tries to explain why in the presence of quality differentials among universities the majority of students choose to remain in their regions of origin. We find that low mobility is related to family income and...
Persistent link: https://www.econbiz.de/10004998518
In this paper we investigate the presence of asymmetric information in the parallel trading of ten-year government fixed rate bonds (BTP) on two secondary electronic platforms: the business-to-business (B2B) MTS platform and the business-to-customer (B2C) BondVision one. The two platforms are...
Persistent link: https://www.econbiz.de/10004998519
Economic theory suggests that firm’s investment depend on future growth opportunities, measured for example by price-earnings ratios, but might be dampened by inefficient financial markets. This paper tests these hypotheses using an unbalanced panel of 9,000 listed firms from 41 developed and...
Persistent link: https://www.econbiz.de/10005042075
In this paper we propose a set of new panel tests to detect changes in persistence. The test statistics are used to test the null hypothesis of stationarity against the alternative of a change in persistence from I(0) to I(1), from I(1) to I(0) and in an unknown direction. The limiting...
Persistent link: https://www.econbiz.de/10005583208
In this paper we propose a set of new panel tests to detect changes in persistence. These statistics are used to test the null hypothesis of stationarity against the alternative of a change in persistence from I(0) to I(1) or viceversa. Alternative of unknown direction is also considered. The...
Persistent link: https://www.econbiz.de/10005583209
Individual wage expectations of the Italian unemployed are studied. The analysis is carried out separately for the north-central and southern Italian regions. Results show a marked difference in expectations formation, with the northern unemployed using information more efficiently. A tentative...
Persistent link: https://www.econbiz.de/10005583210