One of the things taught by Sebastiano Brusco is that the firm taken as a unit of analysis may turn out to be too large or too small. Too large when we address the problem of the minimum efficient size, which must refer, not to the firm as a whole, but to each single stage of the production...

The paper focuses on Federico Caffè’s outlook towards the problem of inflation. His attention for the claims of full employment didn’t prevent him from considering rigorously the negative impact of inflation on the economic system. His analysis stresses the incidence of «administrated...

The aim of this paper is to review the main features of the new theory of public utilities regulation, theoretically assuming asymmetric information. The results considered imply a departure from first best outcomes and give way to a strategic interaction between firm and regulator. The role of...

The paper develops a small open economy growth model with endogenous innovations, in the presence of environmental externalities. Building on the Grossman ad Helpman (1991) analytical framework of endogenous growth in open economies, pollution is introduced into the analysis in the form of a...

Some studies that investigate the effects of migration flows –based on Solow‟s growth theory (1956) and considering the specific contribution of the human capital transfer of migrant workers (Mankiw e al. 1992; Dolado e al. 1994, Piras, 1996) –allow to evaluate the negative...

Investigating on the reasons of British overseas investments (1850-1913) we analyze two different approaches on data concluding that they are not different from a stochastic view. Inquiring on ‘push’ approach, we find that exists negative correlation between GDP and overseas...

Fodder for live-stock was, in Quesnay’s view, a critical portion of the farmer’s circulating capital. By increasing recourse to stabling it increased the availability of manure which in turn would increase yield per acre of land. Expenditure on fodder is in fact the single item that best of...

The paper addresses the issue of dynamic relationships between environment, health and growth. Its aim is to show that the dynamic of the three variables is very difficult to predict, and depends on the value of key parameters: nonetheless the paper tries to show that there is probably, at least...

Questo lavoro si propone di analizzare in un modello a due periodi l’effetto sull’investimento prodotto dall’incertezza aggregata – rappresentata nel modello dalla volatilità di uno shock tecnologico. La semplificazione del modello biperiodale permette di illustrare con semplicità la...