In this paper, we study the structural change in the Centre-North and the South of Italy, focusing on its implications for productivity dynamics and its microeconomic determinants. We document three main results. First, between 2001 and 2018 the deindustrialization process involved both parts of...

We study the structural change between 2001 and 2018 in the Centre-North and the South of Italy, focusing on productivity dynamics and microeconomic determinants. We document three main results. First, the deindustrialization process in the South started after the financial crisis and was more...

The geographic digital divide has a significant, though largely unexplored, dimension within a country. This paper proposes an index of digital development for the Italian NUTS2 regions (rDESI) based on the European Commission’s Digital Economy and Society Index (DESI). The rDESI monitors the...

This paper test the hypothesis that distance of firms from the main financial centre affects underpricing positively. Higher is the distance higher is the uncertainty about the true value of the listing firm and lower the issue price. Econometric results show that, in the Italian case, there is...

This paper tests the hypothesis that the distance of a firm from the main financial centre affects underpricing positively. The higher is the distance the higher are the information imperfections among players involved in the Initial Public Offering and the higher is the uncertainty about the...