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141.
Davide Fiaschi 《European Journal of Political Economy》1999,15(4):57
I study an economy where individuals have different initial endowments and fiscal policy is decided by majority voting. Public investment is financed by two flat rate taxes, one on labor income and the other one on capital income. The model shows a positive (negative) correlation between growth and the tax rate on labor (capital) income and a negative (positive) correlation between the tax rate on labor (capital) income and inequality. The results reconcile the theory with empirical evidence. 相似文献
142.
We present a two-sector endogenous growth model with human and physical capital accumulation to analyze the long-run relationship
between population growth and real per capita income growth. Formal education and investment in physical capital are assumed
to be two separate components of human capital production. Along the balanced growth path equilibrium, population change may
have a positive, negative, or else neutral effect on economic growth depending on whether physical and human capital are complementary/substitutes
for each other in the formation of new human capital and on their degree of complementarity.
相似文献
Davide La TorreEmail: |
143.
byMassimiliano Piacenza Davide Vannoni 《Annals of Public and Cooperative Economics》2009,80(3):431-450
ABSTRACT ** : The empirical literature on the cost structure of the electric utility industry traditionally focused on the measurement of specific technological properties: 1) scale economies in generation or distribution; 2) multi-product (or horizontal) scope economies at one particular stage; 3) multi-stage (or vertical) scope economies. By adopting an integrated approach, which simultaneously considers both horizontal and vertical aspects of the technology, we find the presence, on a sample of Italian electric utilities, of both vertical integration gains and horizontal scope economies at the downstream stage. In the light of recent regulatory reforms aiming at restructuring European electricity markets, our findings have important policy implications as for the proper configuration of the industry. Moreover, this methodology can be usefully applied to the study of the production structure of other public network utilities involved in similar vertical and horizontal reorganization processes. 相似文献
144.
This paper investigates the role of the institutional environment on economic performance when the state intervenes to correct market failure. Results demonstrate that in the presence of weak institutions rent-seeking plays a crucial role for achieving second best resources allocation. 相似文献
145.
This paper elaborates on the general properties of medical innovation processes. It begins with a critical review of different
perspectives and methods of investigation used in various streams of research that have previously analysed technical change
in the health sector. After profiling and discussing their characteristics, the paper proposes an evolutionary approach to
change in medicine constructed around the notion of a ‘Health Innovation System’. Health innovation, it is argued, consists
of complex bundles of new medical technologies and clinical services emerging from a highly distributed competence base. Health
Innovation Systems are driven by the combination of (1) institutionally-bound interactions among agents (‘gateways’ of innovation)
and (2) history-dependent trajectories of change (‘pathways’ of innovation) whose developments emerge from and feed back into
the structure of the system through organised transfers of knowledge between research and clinical practice. After drawing
examples from recent empirical work on clinical research in specific disease areas, the paper concludes by identifying implications
for further research.
相似文献
Andrea Mina (Corresponding author)Email: |
146.
Davide Viaggi Meri Raggi Vittorio Gallerani Sergio Gomez y Paloma 《Intereconomics》2010,45(3):188-192
This paper analyses the effects of decoupling (as introduced in the 2003 reform of the EU Common Agricultural Policy) on farm
income and investment behaviour. The results of a dynamic multi-objective household model for 80 farm households in 8 EU countries
are analysed and presented through a measure of investment-income elasticity as a reaction to decoupling. The results highlight
the differing and contrasting reactions of farm households to policy changes. The main conclusion is that the diversity of
farm specialisations and the dynamics of long-term adaptation should be taken into account more explicitly in the evaluation
of policy impacts on EU farming systems. 相似文献
147.
Davide Antonioli 《International Journal of Human Resource Management》2016,27(3):311-337
This article adopts the resource-based view and the complementarities approach to examine how small and medium enterprises (SMEs) combine the adoption of organisational and technological innovation with investments in training activities. The results of econometric analysis on a panel data-set of about 118 Italian manufacturing SMEs furnish a quite complex picture of the effects of innovation on training. On the one hand, organisational innovation seems to be related to higher investments in (formal and informal) internal training; specifically, it is the adoption of autonomous teams and multi-skilling practices that is associated with the coverage and the intensity of internal training, whereas job rotation is negatively associated with the coverage of external training. On the other hand, the general index of technological innovation does not show any significant relationship with training activities, whereas the individual technological innovation variables are associated with internal training. Specifically, the coverage of internal training is positively affected by ICT innovation and negatively affected by process innovation. These results demonstrate that SMEs have limited awareness of the risks associated with underinvesting in training during the implementation phase of the innovation process. The implications of such findings for research and practice are discussed. 相似文献
148.
Decisions in Economics and Finance - In this study, we characterized the dynamics and analyzed the degree of synchronization of the time series of daily closing prices and volumes in US$ of three... 相似文献
149.
In the aftermath of the Great Recession, the number of bank branches declined in most developed countries. In this paper, we investigate how banks have downsized their branch networks in Italy, by comparing the pre‐ and post‐crisis spatial distribution of branches. By using a detailed data set that includes a wide set of controls for the characteristics of each bank branch, we estimate the probability of a branch being closed as a function of its distance from both proprietary and competitors' branches. We find that banks are more prone to close branches in those areas where other proprietary branches are closer and where competitors' branches are closer. This indicates that, since the start of the crisis, banks have closed branches especially in those areas where their proprietary network was relatively more populated and the competition was fiercer. 相似文献
150.