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The export-led growth hypothesis for the Italian economy (1960-98) is tested through a VAR model with four macroeconomic variables: an index of the GDP of the rest of the world; the Italian real exchange rate; Italian real exports; and the Italian real GDP. Our results provide clear empirical...
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The research presented here is part of a wider project of revision of historical national accounts in Italy between 1891 and 1970. The reconstruction for 1951-1970 relies on a previous estimate of inter-sectoral (input-output) matrix for 1951 and on a new estimate of inter-sectoral matrix for...
Persistent link: https://www.econbiz.de/10011099593
We empirically investigate the role of civic capital (proxied by voter turnout) in Italy's economic development in the second half of the Twentieth century. Using a unique dataset at the city level, we show that over a fifty-year span voter turnout was steadily correlated with economic...
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The lag in innovation in Italy vis-�-vis the other main industrial countries is one of the effects of the fragmentation of the production system into many small firms that have trouble bearing the high cost of R&D and taking the related risks. Such other causes as shortages in human capital...
Persistent link: https://www.econbiz.de/10011099601
This paper focuses on how multi-plant firms allocate their workforce and investments between headquarters or plants located in or close to the headquarters area (HQ plants) and those located in the same country but farther away from the headquarters area (non-HQ plants). Using survey data on...
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We investigate the causal relationship between judicial efficiency and firm size across Italian municipalities exploiting spatial discontinuities in court jurisdictions for identification. The estimated coefficients suggest that the reduction of the length of civil proceedings could exert, all...
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Starting from the assumption that economic insecurity is a key factor behind childbearing decisions, we empirically assess how fertility intentions are affected by job instability, which may severely compromise the employment status of workers, and economic disadvantages in terms of household...
Persistent link: https://www.econbiz.de/10011099649