1,721,103 research outputs found
Regulation Performance and Investment in Telecommunications in the European Union: a policy evaluation approach
No full textAccording to the European Regulatory Framework in Telecommunications sector, one of
the main tasks required from the NRAs is to promote efficient investment and innovation
in the field. The aim of this paper is to estimate the relevance of regulation for the growth
of investment across 16 EU Countries. This is done estimating how regulation affects
revenues and investment elasticity to incumbents’ market power. To do so, we use the
panel structure of our data and the timing of the introduction of regulation to carry out two
“quasi experiments”, where incumbents are ideally splitted in two groups, according to
whether they are subject to a specific regulation or not. We consider a sample of 16 EU
countries from 1997 to 2011. The results seem to to suggest that New Regulatory
Framework has little reduced the impact of market share on firm’s revenues and
investment in the recent years. Over a longer time span instead, being a regulated country
does not imply lower revenues and investment by telecommunication companies. Instead,
in regulated countries it is likely that the telecom sector benefits from a better economic
and institutional environment, which makes firms more productive for a given level of
market power. Finally, in countries with a long-lasting regulatory tradition, an increase in
market share represents a more significant increase in firm’s market power than in a nonregulated
country, so that in regulated countries, elasticity of investment to market share
turns to be higher
Appalti pubblici di lavori e sicurezza
Full text linkOltre all'inquadramento delle norme sulla sicurezza, degli istituti e delle figure rilevanti nell'ambito dei contratti pubblici,viene anche analizzato il Sistema di Gestione della Sicurezza e Salute e della eventuale sua obbligatorietà alla luce delle proposte giuridiche formulate da Arturo Cancrini e da Vittorio Capuzza nell'ambito del più ampio progetto concluso l'8 maggio 2008 con l'audizione del gruppo di lavoro dell'Università degli Studi di Roma "Tor Vergata" presso la Commissione Consiliare Speciale della Regione Lazio (relatore Capuzza), nell'ambito della convenzione stipulata dalla stessa Regione e l'Università
I concorsi di progettazione dei settori speciali.
No full textViene analizzata la normativa contenuta nel D.Lgs. n. 163/2006 relativa ai concorsi di progettazione nei settori speciali, con esame delle differenze rispetto alla previgente disciplina
Banking crises and business cycle: evidence for Italy (1861-2016)
No full textL'articolo ha vinto il premio LITERATI AWARDS 2020Abstract
Purpose – This paper aims to focus on the banking crises recorded in Italy in the period 1861-2016
and to propose a novel classification based upon the timing of the crisis with respect to the business
cycle.
Design/methodology/approach – A simple and objective rule to distinguish between slowdown and
inner-banking crises is introduced. The real impact of banking crises is evaluated by integrating the narrative
approach with an empirical vector autoregression analysis.
Findings – First, banking crises are not always associated to economic downturns. Especially in Italy, (but
this analysis can be easily extended to other countries), they have often limited their negative effects within
the financial system (“inner” crises). Second, the simultaneity of macroeconomic effects (credit contraction and
GDP recession) leave the causal link undetermined. Third, the empirical and narrative analyses performed
testify that boom–bust mechanisms are an exception in the panorama of (Italian) banking crises; although
when the economy experiences such episodes, the economic and social consequences are not only severe but
also enduring.
Research limitations/implications – To classify historically recognized banking crisis episodes,
the authors look at credit and GDP dynamics (and their ratio) around crisis years. Relying on a single
definition of crisis is avoided. The classification provides an empirical rule to determine in what way
banking crises differ. The classification is mostly based on the synchronization with the business cycle
and, using the documented evolution of macroeconomic aggregates, it permits to highlight the fact that
a variety of interactions occur between financial and real aggregates during and around banking
crises.
Originality/value – As to the concept of systemic banking crisis, a qualitative judgment is often adopted
to select relevant episodes, thus confirming the absence of a quantitative rule in classification criteria
(Chaudron and de Haan, 2014). This paper proposes a simple and objective rule to distinguish between
slowdown and inner-banking crises; the former occur close to a GDP contraction, whereas the latter appear to
spread their effects with no substantial evidence of output loss.
JEL classification – E32, E44, N13, N1
Commentario al regolamento del codice dei contratti pubblici
No full textCommentario con esame di dottrina e giurisprudenza per ogni articolo che compone il D.P.R. n. 207/201
La nuova legge degli appalti pubblici: Commentario al Codice dei contratti pubblici di lavori, servizi e forniture
No full textSono esaminati e commentati alla luce della recente dottrina e giurisprudenza tutti gli articoli del Codice dei contratti pubblic
Codice degli appalti pubblici e Regolamento di esecuzione e di attuazione
No full textRaccolto aggiornata della normativa relativa ai contratti pubblici
The age-productivity profile: Long-run evidence from Italian regions
No full textThis paper investigates the effects of demographic shifts on labor productivity by leveraging variation in the age structure of Italian regions. These effects are analyzed along a first channel - the direct relation between population age and productivity - and a second channel capturing the productivity implications of a more or less dispersed age distribution. We propose an estimation framework that relates regional productivity to the entire age distribution of the working-age population and use instrumental variable techniques to address endogeneity issues. The estimates yield a hump-shaped age-productivity profile peaking between 35 and 40 years. We also document non-linear effects of regional age dispersion on productivity
Communicating cancer diagnosis and prognosis: when the target is the elderly patient-a GIOGer study.
No full text
- …
