Francesco Crespi and Dario Guarascio

Author Archive | Francesco Crespi and Dario Guarascio

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The demand-pull effect of public procurement on innovation and industrial renewal

This article analyzes, empirically, the link between public procurement and innovation activities by taking into account the moderating effect played by import penetration on public procurement. Using industry-level information on patent applications for 24 countries over the period 1995-2012, we test the impact of public procurement on innovation activities and whether and in which direction […]

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Offshoring, industry heterogeneity and employment

Economies and production systems are subject to incessant processes of structural change fuelled by the dynamics of demand, technology and international competition. The increasing international fragmentation of production, also known as “offshoring”, is an important element of such a (global in scale) process of structural change having important implications for employment and on the way […]

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The dynamics of profit and wages: technology, offshoring and demand

Journal for a Progressive Economy, October 2016 Over the last decades, economic inequalities have dramatically increased across both advanced and developing economies (Atkinson, 2015; Piketty, 2014). This evidence raises interest (again) in the dynamics of income distribution and its drivers (Franzini and Pianta, 2016). Looking back in time, classical economists such as Marx, Ricardo, or […]

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Persistence of Innovation and Patterns of Firm Growth

In this work we test if persistent innovators, defined according to different innovation activities (R&D, product and process innovation, patenting) grow more than other firms, and if innovation persistence can contribute to explain the so far little evidence in favor of persistence in growth itself. We exploit a somewhat uniquely long-in-time dataset tracing a representative […]

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Rediscovering The Importance Of Functional Distribution And Its Drivers

Nowadays, both economists and policy makers have rediscovered the importance of income distribution, while in the past this research remained the domain of a handful of scholars, usually in the heterodox tradition. In a number of recent papers, even the IMF has warned about the risks stemming from increasing inequalities but the recommendations inferred from […]

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Did Italy Need More Labour Flexibility? The Consequences of the Jobs Act

Intereconomics, Volume 51, March/April 2016, Number 2/pp. 79-86 DOI: 10.1007/s10272-016-0581-3 The dramatic impact of the 2008 crisis on the Italian economy led to policy responses including structural reforms and labour market liberalisation to reverse the worrisome output and employment trends. A key action by the Italian government, the evocatively named Jobs Act of 2014, has […]

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Il Jobs Act e la bolla occupazionale

L’Osservatorio sul Precariato dell’INPS ha fornito i dati di sintesi circa la dinamica del mercato del lavoro nell’anno 2015. Queste comunicazioni consentono di stilare il primo bilancio degli effetti del Jobs Act. Un bilancio degli effetti della decontribuzione per le nuove assunzioni a tempo indeterminato e dell’abrogazione dell’Articolo 18 che ha, di fatto, sancito la […]

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