Search results for "33"
showing 10 items of 1917 documents
Prassi di chirurgia della coxa manus
2013
The geography of creative industries in Europe: comparing France, Great Britain, Italy and Spain
2012
The creative economy is a holistic and multidisciplinary concept that deals with the interaction between economics, culture and technology, and centred on the production of creative contents in goods and services. One of the most relevant dimensions of creativity is the territorial one. Despite the emphasis put on the theoretical definition of creativity, the measurement of creative industries and the use of these concepts in macro units as well as in isolated case studies, it is necessary to strengthen comparative research for the identification and analysis of the kind of creativity embedded in the territory, its determinants and its patterns of concentration. This compared research relie…
A Model for Assessing the Magnitude and Distribution of Sheath Currents in Medium and High-Voltage Cable Lines
2020
In this article, the authors discuss a simulation model to study the effect of cross-bonding of metallic sheaths, and/or nonmagnetic armors, of single-core medium- and high-voltage cables in the same circuit. In single-core cables, the resistive losses due to the induced circulating currents in cable sheaths or armors cause an increase of the cable temperature, which therefore reduces its ampacity. This is a serious issue affecting the distribution and transmission lines. In addition, the risk of electric shock due to induced voltages may be present if a person is in contact with the armor/sheath at its unbounded end. For these reasons, special bonding techniques of metal sheaths are employ…
Financial Fragmentation and Economic Growth in Europe
2015
Using industry data from Eurostat and applying the Rajan-Zingales methodology, we investigate the real growth effects of banking sector integration in the European Union. Our sample stretches from 2000 until 2012 and includes the phase of rapid financial integration before the global financial crisis as well as the following phase of financial fragmentation and bank deleveraging. We find evidence that banking sector integration had a more than four times stronger growth effect during the crisis than in normal times. Growth effects are also stronger in times of domestic bank deleveraging. We conclude that concerns of European policy makers about fragmentation in the European banking sector a…
Growing Like Germany: Local Public Debt, Local Banks, Low Private Investment
2021
The paper uses a panel of more than 1m German firms over 2010-2016, to provide the first firm-bank level evidence of local crowding out for a developed economy characterized by low interest rates and fiscal austerity. Our mechanism relies on two structural features of Germany's banking landscape: the local segmentation of credit markets for small and medium-sized firms (SME) and the role of local public banks in local public finance. Local public banks dominate lending to small and medium firms in Germany and also have an explicit mandate to lend to the local public sector. With spreads on local government debt at all-time lows, local public banks tried to break even, using their market pow…
La responsabilità precontrattuale e la struttura del rapporto prenegoziale
2017
Il saggio muove dalle conclusioni raggiunte di recente dalla Corte di Cassazione in merito alla natura della responsabilità precontrattuale. Allineandosi alla posizione espressa dalla dottrina più autorevole, la Suprema Corte conferma l’orientamento già in passato espresso, ma successivamente disatteso, favorevole all’inquadramento della responsabilità precontrattuale nell’ambito della responsabilità per inadempimento degli obblighi di protezione che scaturiscono dal precetto di buona fede in fase di trattative e di conclusione del contratto. Pur con argomentazioni migliorabili, le conclusioni, pienamente condivisibili, cui i giudici sono pervenuti nell’importante provvedimento in esame acq…
The elasticity of a random variable as a tool for measuring and assessing risks
2022
Elasticity is a very popular concept in economics and physics, recently exported and reinterpreted in the statistical field, where it has given form to the so-called elasticity function. This function has proved to be a very useful tool for quantifying and evaluating risks, with applications in disciplines as varied as public health and financial risk management. In this study, we consider the elasticity function in random terms, defining its probability distribution, which allows us to measure for each stochastic process the probability of finding elastic or inelastic situations (i.e., with elasticities greater or less than 1). This new tool, together with new results on the most notable p…
Does the compositional effect explain the association between rates of in-migration and out-migration?
2001
A common empirical observation obtained in many countries is that regions with a high gross out-migration per capita also tend to have a high gross in-migration per capita, and vice versa. Another common and curious observation is a positive correlation between out-migration rate and net-migration rate. This has been interpreted to mean that out-migration is independent of the economic characteristics of the region. A number of explanations has been suggested to explain the positive relationship between the rates of out-migration and in-migration. According to the compositional effect- explanation, a region that attracts migrants grow to have a population which is more migration prone, thus…
Employment-output link in Finland: evidence from regional-level data
1999
Comparing home-grown fruits: productivity convergence across industries and regions
2003
Output per worker is radically unevenly distributed across space. Several authors have asked why the differences are so large between countries and hypothesized that differences in social infrastructure provide an answer. However, differences in output per worker are also very different when comparing spatial units at lower levels of resolution without substantial variation in social infrastructure. The purpose of this paper is to discuss possible reasons why. We will do so by looking at regional data for the Scandinavian Peninsula at a spatial resolution equivalent to the European NUTS3. Since Norway and Sweden is considered particular egalitarian and homogeneous societies, differences in …