14 results on '"Bettarelli, L"'
Search Results
2. External relations, regional productivity, and exogenous shocks: lessons from the Italian experience
- Author
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Bettarelli, L, Resmini, L, Bettarelli, L, and Resmini, L
- Abstract
This study provides novel insights into the debate concerning the external drivers of productivity at local (NUTS-3) level. In particular, it explores the role played by global production networks, measured through ownership ties among multinational firms and their subsidiaries abroad, in shaping patterns of productivity growth of local economies. Focusing on the Italian experience and using spatial econometrics techniques, the article demonstrates that external relations play a crucial role in sustaining the productivity of Italian provinces, even during periods of severe economic downturns, like the Great Recession. In detail, productivity growth is positively correlated with the Intensity of the networks established by multinational firms and their geographical dispersion.
- Published
- 2024
3. Energy inflation and consumption inequality
- Author
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Bettarelli L., Estefania-Flores J., Furceri D., Loungani P., Pizzuto P., Bettarelli L., Estefania-Flores J., Furceri D., Loungani P., and Pizzuto P.
- Subjects
Households ,Inequality ,Energy inflation ,Energy price - Abstract
This paper examines the effects of higher energy prices on consumption inequality for a large panel of 129 advanced and developing economies during the period 1970–2013. The results suggest that energy inflation increases the Gini measure of consumption inequality and reduces (increases) the share of consumption of lower (higher) income deciles. These effects are larger in developing economies, in countries with limited access to finance, in those with weaker monetary policy frameworks, during periods of economic slack and in cases where government transfers do not compensate the poorer deciles during times of adverse income shocks.
- Published
- 2023
4. The determinants of FDI: a new network-based approach
- Author
-
Bettarelli, L, Resmini, L, Bettarelli L., Resmini L., Bettarelli, L, Resmini, L, Bettarelli L., and Resmini L.
- Abstract
This article investigates the determinants of FDI at sub-national level. It recognizes that MNEsʻ foreign activities are organized in networks of strongly interconnected, but geographically dispersed affiliates. This implies a different approach to the analysis of the determinants of FDI, which should focus on contextual factors able to stimulate economic relations at distance. Methodologically, we use a gravity-type model and different regression techniques with a new dataset on networks of FDI involving German and Italian regions. We find evidence that technologically proximate regions sharing the same industry profile are more likely to experience positive and large networks driven by MNEs, with weaker evidence related to cultural and institutional proximities, which cannot compensate the negative impact of geographic distance. The distinctive contribution of this paper is to emphasize that local policies to attract FDI are more likely to succeed if addressed to similar regions.
- Published
- 2022
5. It’s a matter of confidence. Institutions, government stability and economic outcomes
- Author
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Bettarelli, L, Cella, M, Iannantuoni, G, Manzoni, E, Bettarelli L., Cella M., Iannantuoni G., Manzoni E., Bettarelli, L, Cella, M, Iannantuoni, G, Manzoni, E, Bettarelli L., Cella M., Iannantuoni G., and Manzoni E.
- Abstract
In this paper we analyse the effect of constitutional structures over policy outcomes. In particular, we exploit the heterogeneity in parliamentary systems deriving from the presence and the use of the confidence vote to investigate whether stable and unstable parliamentary systems behave differently in terms of the policies they implement. This finer partition of parliamentary systems allows us to identify effects that are more robust than the ones previously discussed in the literature. We show that the difference between presidential and parliamentary systems documented in previous works is driven by a difference between presidential and stable parliamentary systems. We suggest that possible transmission channels are legislative cohesion and (the absence of) selection.
- Published
- 2021
6. Global networks, local specialisation and regional patterns of innovation
- Author
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Ascani, A, Bettarelli, L, Resmini, L, Balland, P, Ascani A., Bettarelli L., Resmini L., Balland P. A., Ascani, A, Bettarelli, L, Resmini, L, Balland, P, Ascani A., Bettarelli L., Resmini L., and Balland P. A.
- Abstract
A large academic consensus exists on the idea that successful innovative processes are geographically bounded within regions. Nevertheless, the ability of regions to capture and re-use external knowledge is also regarded as a fundamental element to sustain and refine the local profile of specialisation and competitiveness. The present article combines these views to investigate the sources of the regional innovation process, by analysing data on Italian regions over the period 2007–2012. We define global networks based on all the local firms identifiable as global ultimate owners and their foreign subsidiaries. Our main results suggest that both the internal specialisation and the regional external linkages can generate indigenous innovation, but the role of the networks varies substantially according to its density, its degree of complementarity with the specialisation profile, its geographical spread and the specific location of the foreign subsidiaries. Our results, then, support a view of the regional innovation as an interactive process whereby valuable knowledge resources are not only generated within the reach of the local economy, but they are also integrated with external inputs. This contrasts with recent anti-globalisation views according to which the increase in the foreign operations of national companies impoverishes the local economy.
- Published
- 2020
7. Global networks, local specialisation and regional patterns of innovation
- Author
-
Ascani A., Ascani, A, Bettarelli, L, Resmini, L, Balland, P, Ascani A., Bettarelli L., Resmini L., Balland P. A., Ascani A., Ascani, A, Bettarelli, L, Resmini, L, Balland, P, Ascani A., Bettarelli L., Resmini L., and Balland P. A.
- Abstract
A large academic consensus exists on the idea that successful innovative processes are geographically bounded within regions. Nevertheless, the ability of regions to capture and re-use external knowledge is also regarded as a fundamental element to sustain and refine the local profile of specialisation and competitiveness. The present article combines these views to investigate the sources of the regional innovation process, by analysing data on Italian regions over the period 2007-2012. We define regional external networks based on all the foreign subsidiaries of local multinational enterprises identifiable as global ultimate owners. Our main results suggest that both the internal specialisation and the outward networks can generate indigenous innovation, but the role of the networks varies substantially according to its density, its degree of complementarity with the specialisation profile, its geographical spread and the specific location of the foreign subsidiaries. Our results, then, support a view of the regional innovation as an interactive process whereby valuable knowledge resources are not only generated within the reach of the local economy, but they are also integrated with external inputs. This contrasts with recent anti-globalisation views according to which the increase in the foreign operations of national companies impoverishes the local economy. Keywords
- Published
- 2020
8. It's a Matter of Confidence: Institutions, Government Stability and Economic Outcomes
- Author
-
Bettarelli, L, Bettarelli, L, Cella, M, Iannantuoni, G, Manzoni, E, Bettarelli, L, Bettarelli, L, Cella, M, Iannantuoni, G, and Manzoni, E
- Abstract
The effect of constitutional structures (such as the effect of a presidential vs. a parliamentary system) over policy outcomes has been widely studied in the economic literature. In this paper, we investigate whether stable parliamentary systems and unstable parliamentary systems behave differently in terms of the policy outcomes they implement. We show that accounting for the stability of parliamentary systems generates results that are more robust compared to the previous literature. More precisely, we find that stable parliamentary systems are significantly different both from presidential and from unstable parliamentary ones. Moreover, we show that this result is robust to changes in the set of countries, and to changes in the definition of stability. Finally, we discuss how these results are consistent with the presence of a selection effect in parliamentary systems
- Published
- 2015
9. Voters’ preferences and electoral systems: the EuroVotePlus experiment in Italy
- Author
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Bettarelli, L, Iannantuoni, G, Manzoni, E, Rossi, F, BETTARELLI, LUCA, IANNANTUONI, GIOVANNA, MANZONI, ELENA, Rossi, F., Bettarelli, L, Iannantuoni, G, Manzoni, E, Rossi, F, BETTARELLI, LUCA, IANNANTUONI, GIOVANNA, MANZONI, ELENA, and Rossi, F.
- Abstract
Motivated by the need to understand voting behaviour under different electoral rules, Laslier et al. (Eur Union Polit, 16(4):601–615, 2015) have conducted an online experiment, the EuroVotePlus experiment, focusing on the effects of the different rules adopted to elect members of the European parliament on voters’ behaviour. The experiment took place in several European countries in the 3 weeks before the 2014 elections for the European Parliament. This paper focuses on the Italian data. Firstly, we show that the behaviour of Italian respondents is consistent with the empirical findings at the European level. Then, we exploit the change from open list to closed list elections implemented in Italy in 1993 to investigate whether and how preferences over institutions are affected by experience. We find that respondents who voted using the open list system in Italy are more likely to prefer closed list systems, and that the effect is stronger the higher the number of open list elections the respondents have faced
- Published
- 2017
10. Essays in Political Economics
- Author
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Bettarelli, L, IANNANTUONI, GIOVANNA, BETTARELLI, LUCA, Bettarelli, L, IANNANTUONI, GIOVANNA, and BETTARELLI, LUCA
- Abstract
The thesis is intended to shed light on some crucial open questions in the political economy literature. The structure of the work is as follows: Section 1 reviews the literature; Section 2 compares constitutional systems over a set of economic outcomes; Section 3 is a research connecting revolution to voting behaviours. In detail, the aim of the literature review is twofold: it is aimed to provide the theoretical background for the empirical part of the thesis, and it goes over empirical works in the political economy literature so to highlight the novelty of the thesis. In Section 2, the difference in performance between constitutional systems is investigated. The effect of constitutional structures (such as the effect of a presidential vs a parliamentary system) over policy outcomes has been widely studied in the economic literature. This paper accounts for the heterogeneity in parliamentary systems by investigating whether stable and unstable parliamentary systems behave differently in terms of the policy they implement. This distinction of constitutional systems generates results that are more robust compared to the previous literature. More precisely, we find that parliamentary and presidential systems do not systematically differ but it depends on structural characteristics of the former constitutional design. Moreover, we show that this result is robust to changes in the set of countries and to changes in the definition of stability. Finally, we discuss how these results are consistent with the presence of a selection effect in parliamentary systems. Indeed, Section 3 analyses the autocracy-democracy transition focusing on the peculiar case of Tunisia and Egypt in the aftermath of the Arab Spring waves. In particular, the analysis is aimed at connecting revolution to election. In literature, revolutions have been mainly described as collective action problems where people coordinate in order to overthrow a tyrannical political regime. But, participating or n
- Published
- 2016
11. It’s a matter of confidence. Institutions, government stability and economic outcomes
- Author
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Michela Cella, Giovanna Iannantuoni, Elena Manzoni, Luca Bettarelli, Bettarelli L., Cella M., Iannantuoni G., Manzoni E., Bettarelli, L, Cella, M, Iannantuoni, G, and Manzoni, E
- Subjects
Confidence vote ,Economics and Econometrics ,Sociology and Political Science ,Exploit ,Stability (learning theory) ,Government stability ,Parliamentary system ,Presidential system ,0502 economics and business ,Finance internationale ,050602 political science & public administration ,Selection (linguistics) ,Economics ,050207 economics ,Settore SECS-P/01 - Economia Politica ,Government ,Public economics ,05 social sciences ,Legislature ,0506 political science ,International political economy ,Settore SECS-P/03 - Scienza delle Finanze ,Cohesion (chemistry) ,théorie et applications [Econométrie et méthodes statistiques] ,Sociologie politique ,Finance - Abstract
In this paper we analyse the effect of constitutional structures over policy outcomes. In particular, we exploit the heterogeneity in parliamentary systems deriving from the presence and the use of the confidence vote to investigate whether stable and unstable parliamentary systems behave differently in terms of the policies they implement. This finer partition of parliamentary systems allows us to identify effects that are more robust than the ones previously discussed in the literature. We show that the difference between presidential and parliamentary systems documented in previous works is driven by a difference between presidential and stable parliamentary systems. We suggest that possible transmission channels are legislative cohesion and (the absence of) selection., SCOPUS: ar.j, info:eu-repo/semantics/published
- Published
- 2021
12. Voters’ preferences and electoral systems: the EuroVotePlus experiment in Italy
- Author
-
Francesca Rossi, Giovanna Iannantuoni, Elena Manzoni, Luca Bettarelli, Bettarelli L., Iannantuoni G., Manzoni E., Rossi F., Bettarelli, L, Iannantuoni, G, Manzoni, E, and Rossi, F
- Subjects
Economics and Econometrics ,European level ,Open list ,SECS-P/02 - POLITICA ECONOMICA ,Sociology and Political Science ,Exploit ,Parliament ,media_common.quotation_subject ,Closed list ,European Parliament Election, Open list, Closed list, Voting rules ,Open List ,Voting ,0502 economics and business ,050602 political science & public administration ,Economics ,050207 economics ,SECS-P/01 - ECONOMIA POLITICA ,Settore SECS-P/01 - Economia Politica ,media_common ,European Parliament Election ,05 social sciences ,Close List ,Voting Rules ,0506 political science ,Economy ,Political economy ,International political economy ,Settore SECS-P/03 - Scienza delle Finanze ,Finance - Abstract
Motivated by the need to understand voting behaviour under different electoral rules, Laslier etal. (Eur Union Polit, 16(4):601–615, 2015) have conducted an online experiment, the EuroVotePlus experiment, focusing on the effects of the different rules adopted to elect members of the European parliament on voters’ behaviour. The experiment took place in several European countries in the 3 weeks before the 2014 elections for the European Parliament. This paper focuses on the Italian data. Firstly, we show that the behaviour of Italian respondents is consistent with the empirical findings at the European level. Then, we exploit the change from open list to closed list elections implemented in Italy in 1993 to investigate whether and how preferences over institutions are affected by experience. We find that respondents who voted using the open list system in Italy are more likely to prefer closed list systems, and that the effect is stronger the higher the number of open list elections the respondents have faced.
- Published
- 2017
13. The determinants of FDI: a new network-based approach
- Author
-
Luca Bettarelli, Laura Resmini, Bettarelli, L, and Resmini, L
- Subjects
gravity model ,Economics and Econometrics ,Networked FDI ,SECS-P/02 - POLITICA ECONOMICA ,Networked FDIs ,regional studies ,regional studie ,distance ,SECS-P/06 - ECONOMIA APPLICATA - Abstract
This article investigates the determinants of FDI at sub-national level. It recognizes that MNEsModified Letter Turned Comma foreign activities are organized in networks of strongly interconnected, but geographically dispersed affiliates. This implies a different approach to the analysis of the determinants of FDI, which should focus on contextual factors able to stimulate economic relations at distance. Methodologically, we use a gravity-type model and different regression techniques with a new dataset on networks of FDI involving German and Italian regions. We find evidence that technologically proximate regions sharing the same industry profile are more likely to experience positive and large networks driven by MNEs, with weaker evidence related to cultural and institutional proximities, which cannot compensate the negative impact of geographic distance. The distinctive contribution of this paper is to emphasize that local policies to attract FDI are more likely to succeed if addressed to similar regions.
- Published
- 2022
- Full Text
- View/download PDF
14. Global Networks, Local Specialisation and Regional Patterns of Innovation
- Author
-
Andrea Ascani, Pierre-Alexandre Balland, Luca Bettarelli, Laura Resmini, Ascani, A, Bettarelli, L, Resmini, L, and Balland, P
- Subjects
Outward foreign direct investment, Multinationals, Innovation, Specialisation, Networks, Relatedness ,SECS-P/02 - POLITICA ECONOMICA ,Process (engineering) ,Strategy and Management ,05 social sciences ,Subsidiary ,Innovation process ,General Medicine ,Management Science and Operations Research ,050905 science studies ,SECS-P/06 - ECONOMIA APPLICATA ,Indigenous ,Multinational corporation ,Management of Technology and Innovation ,Local economy ,Complementarity (molecular biology) ,0502 economics and business ,Global network ,Economic geography ,Business ,0509 other social sciences ,Element (criminal law) ,050203 business & management - Abstract
A large academic consensus exists on the idea that successful innovative processes are geographically bounded within regions. Nevertheless, the ability of regions to capture and re-use external knowledge is also regarded as a fundamental element to sustain and refine the local profile of specialisation and competitiveness. The present article combines these views to investigate the sources of the regional innovation process, by analysing data on Italian regions over the period 2007-2012. We define regional external networks based on all the foreign subsidiaries of local multinational enterprises identifiable as global ultimate owners. Our main results suggest that both the internal specialisation and the outward networks can generate indigenous innovation, but the role of the networks varies substantially according to its density, its degree of complementarity with the specialisation profile, its geographical spread and the specific location of the foreign subsidiaries. Our results, then, support a view of the regional innovation as an interactive process whereby valuable knowledge resources are not only generated within the reach of the local economy, but they are also integrated with external inputs. This contrasts with recent anti-globalisation views according to which the increase in the foreign operations of national companies impoverishes the local economy.
- Published
- 2020
- Full Text
- View/download PDF
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