1,720,995 research outputs found
Fiscal Policy and Economic Growth: the Case of Italian Regions
No full textThis paper seeks to contribute to our understanding of the relationship between economic policy and economic growth.With the use of a standard growth model, it assesses the influence of public investiment and public investment and public transfers on the rate growth of economic growth. It does this by using data from the 20 Italian regions between 1970 and 1995. While the results show a positive influence of public investments on economic growth, this was not the case for publi transfer payments in Italy
Geografical redistribution and pubblic pensions: the case of Italy
No full textl'articolo intende proporre un'analisi della distribuzione territoriale delle pensioni utilizzando la cluster analysis e la metodologia panel [...
A panel cointegration approach to estimating substitution elasticities in consumption
No full textThis paper investigates the relationship between government spending and private consumption. The general framework is a cointegration approach of Ogaki (1992) used to estimate the intratemporal elasticity of substitution between government and private consumption in a panel of 15 European countries. Recently developed non-stationary panel methodologies that assume cross-section dependence are applied. Results indicate an Edgeworth substitutability between private and public spending
Fiscal Policy and Economic Growth: the Case of Italian Regions
No full textThis paper seeks to contribute to our understanding of the relationship between economic policy and economic growth.With the use of a standard growth model, it assesses the influence of public investiment and public investment and public transfers on the rate growth of economic growth. It does this by using data from the 20 Italian regions between 1970 and 1995. While the results show a positive influence of public investments on economic growth, this was not the case for publi transfer payments in Italy
Is Social Protection a Necessity or Luxury good? New Multivariate Cointegration Panel Data Results'
No full textThe aim of this paper is to test the claim that social protection is a luxury good.
Therefore, GDP elasticity of selected social protection expenditure is estimated using
a new econometric approach developed first by Kao and Chiang (Advances in Econometrics,
15, 179–222, 2000). Time series properties of selected social expenditure
in 18 OECD countries from 1981 to 1998 are examined. Using panel data cointegration
tests and OLS, FMOLS and DOLS estimators, results were found which differ
from previous analyses reporting substantially higher income elasticities. With the
FMOLS, selected social expenditure has income elasticities smaller than one but
greater than one with the DOLS. It is noteworthy that whether selected social
expenditure is stationary or nonstationary may have critical implications for
researchers and policy makers desiring to model and explain the impact of this
expenditure on a country economic system
Spatial heterogeneity in non-parametric efficiency: An application to Italian hospitals
No full textThis paper introduces a new empirical procedure for the estimation of hospitals' technical efficiency in presence of spatial heterogeneity. We propose a methodology that allows treating spatial heterogeneity independently of a predetermined reference to administrative borders. We define geographical spatial regimes, characterised by spatial proximity and homogeneity of relevant demand characteristics, within which to assess the efficiency of hospitals. The methodology has then been tested on a large sample of Italian hospitals, for which their production efficiency has been assessed within homogeneous demand areas
Going Beyond Counting First Authors in Author Co-citation Analysis
Full text linkThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
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