1,721,147 research outputs found
Productivity polarization across regions in Europe: The Role of Nonlinearities and Spatial dependence
No full textThe regional distribution of labor productivity in Western Europe is characterized
by a core-periphery spatial pattern: high (low)-productivity regions are in a proximate
relationship with other high (low)-productivity regions. Over the period
1980–2003, intradistribution dynamics has generated long-run multiple equilibria
with the formation of two clubs of convergence. The observed dynamics can be
only marginally explained by nonlinear (threshold) effects in the accumulation of
physical capital. In contrast, the joint effect of spatial dependence and nonlinearities
in growth behavior plays a key role in determining multiple equilibria and reinforcing
polarization of labor productivity
Regional Economic Growth in Europe: a Semiparametric Spatial Dependence Approach
No full textIn this article a semiparametric spatial Durbin model is employed to analyse the
growth behaviour of 155 European regions in the period 1988–2000. This specification combines
the semiparametric approach with the usual parametric spatial econometric technique to
accommodate both spatial dependence and nonlinearities as suggested by recent neoclassical
growth models with spatial technological interdependence. The results provide evidence of
nonlinearities in the effect of initial per capita incomes and human capital investments. Moreover,
the specification used allows identifying the effect of the interaction between the characteristics
(initial conditions and structural variables) of each region and those of its neighbours.
Finally, it shows some indication of global spillovers across-country and local spatial spillovers
from domestic neighbours
Export Behaviour of Italian Manufacturing Firms Over the Nineties: the Role of Innovation
No full textThis paper analyses the relationship between innovation and export behaviour of Italian manufacturing firms in different
exchange rate regimes. The paper is based on a sample including firms which have carried out an innovative activity through
R&D investments and/or investments in new plants or equipment. Export behaviour is defined in a dual way: as a probability
for a firm to export and as the propensity to export for the exporting firms. An empirical model of the determinants of export
behaviour is estimated using the Cragg’s specification of the Tobit model. The results suggest that innovation capabilities
are very important competitive factors and help explain heterogeneity in export behaviour among Italian firms. However,
the exchange rate devaluation reduces the importance of technological competitiveness in affecting exports because it allows
also non-innovating firms to enter foreign markets. Moreover, once new firms have entered the market, they continue to be
exporters also when the exchange rate returns to its previous level (hysteresis). The export intensity of innovating firms is
systematically higher than that of non-innovating firms. The paper provides also specific evidence on export behaviour of
firms localised in the south of the country (Mezzogiorno)
Nonlinearities in Interregional Migration Behavior: Evidence from the United States
No full textTraditional ‘‘Marshallian’’ theories predict a linear relationship between internal
migration and regional wage differentials. Using panel data on gross place-to-place
migration flows in the United States, we estimate a semiparametric version of the
modified gravity model and find evidence of a nonlinear effect of wage differentials in
line with alternative theories of interregional migration, including the ‘‘option value
of waiting’’ theory, liquidity constraints, and wealth-conditioned immobility. Traditionally,
the migration decision process is believed to be mainly composed of two
criteria: ‘‘whether to move’’ and ‘‘where to move.’’ However, the empirical evidence
of nonlinearity found in this study supports the potential presence of another
important decision criterion, ‘‘when to move’’ on interregional migration
Intra-distribution dynamics of regional per-capita income in Europe: evidence from alternative conditional
No full textIn this paper different conditional density estimators are employed to analyze the cross-sectional distribution dynamics of regional per-capita income in Europe during the period 1980-2002. First, a kernel estimator with fixed bandwidth (the method traditionally applied in the literature on intra-distribution dynamics) gives evidence of convergence. With a modified estimator, proposed by Hyndman et al. (1996), with variable bandwidth and mean-bias correction, the dominant income dynamics is that of persistence and lack of cohesion: only a fraction of very poor regions improves its position over time converging towards a low relative income (“poverty trap”). Moreover, an alternative graphical technique (more informative than the traditional contour plot) is applied to visualize conditional densities
Innovazione tecnologica e strategie organizzative delle imprese nell’industria manifatturiera italiana?
No full textAcquisition Versus Greenfield Investment: the Location of Foreign Manufacturers in Italy
No full textWe investigate the location of FDI in Italy over the period 1988–1999. FDIs are measured through the frequencies of acquisitions and greenfield investments per province and sector, so count data models are applied. The results show that the location determinants strongly differ according to the foreign entry mode
Innovazione tecnologica e strategie organizzative delle imprese nell’industria manifatturiera italiana?
No full textThe Location Determinants of Foreign-Owned Manufacturing Plants in Italy: Preliminary Results
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