Showing 1 - 10 of 20
The issue of frauds through payment cards has received a great deal of attention from authorities. A large share of card frauds can be ascribed to the phenomenon of counterfeiting of debit cards, widely used payment instrument in “face-to-face” transactions. With the advent of the Single...
Persistent link: https://www.econbiz.de/10015233924
Interchange fees in card payments are a mechanism to balance costs and revenues between banks for the joint provision of payment services. However, such fees represent a relevant input cost used as a reference price for the final fee charged to the merchants, who may be reluctant to accept cards...
Persistent link: https://www.econbiz.de/10015237683
Abstract: In this paper we assess the relevance of both knowledge creation and diffusion processes in affecting Italian SMEs’ propensity to innovate. In doing so a knowledge production function (KPF) is estimated for a representative sample of small and medium manufacturing firms over the...
Persistent link: https://www.econbiz.de/10015215606
This paper focuses on the perspective role of Mutual Loan-Guarantee Consortia (MLGC) in mitigating credit constraints for SMEs located in the Italian Mezzogiorno. First, we argue how the functioning of MLGC fits into the theory of bank-firm relationships, also referring to the scarce empirical...
Persistent link: https://www.econbiz.de/10015216856
By providing a long run reconstruction of regional Net Fiscal Flows (NFFs) in Italy throughout the last six decades (1951-2010), this paper documents the substantial rise of fiscal transfers to Mezzogiorno (i.e. Southern Italy) from the rest of the country. Besides, three further arguments are...
Persistent link: https://www.econbiz.de/10015243367
We assess whether and how differences in productive public expenditure impacts on industrial location. Since productive public expenditure and taxation affect in opposite direction industrial location, it is not straightforward that following an increase in productive public expenditure in a...
Persistent link: https://www.econbiz.de/10015243960
By providing a long run reconstruction of regional Net Fiscal Flows (NFFs) in Italy throughout the last six decades (1951-2010), this paper documents the substantial rise of fiscal transfers to Mezzogiorno (i.e. Southern Italy) from the rest of the country. Besides, three further arguments are...
Persistent link: https://www.econbiz.de/10015246495
This paper carries out a long-run reconstruction of the pattern of interregional redistribution in Italy operated through fiscal imbalances. In particular, by resorting to different sources, a discontinuous time series of Net Fiscal Flows for Italian regions and macro-regions from 1951 to 2010...
Persistent link: https://www.econbiz.de/10015246496
This paper tests the relationship between time preferences and crime rates as posited by Davis (1988), whose theoretical analysis suggests that individuals’ attitude towards the future significantly affects their propensity to commit crime. Our empirical analysis is based on a panel of Italian...
Persistent link: https://www.econbiz.de/10015238768
The review of recent literature shows the relationship between shadow economy and economic growth is ambiguous. This paper attempts to answer whether the relationship between shadow economy and economic growth depends on the level of development or not? In this way, the Shadow Economy...
Persistent link: https://www.econbiz.de/10015215365