The Veblen-Gerschenkron Effect of FDI in Mezzogiorno and East Germany

The presence of foreign multinational enterprises (MNEs) should benefit local economies. In particular if MNEs are particularly productive compared to domestic firms they may promote learning and catch-up of local firms. Such channel of spillovers from MNEs to local firms is known as the Veblen Geschenkron effect. Rather than the overall density of MNE in a region or sector, it is their productivity advantage on the local firm to determine the positive effect on domestic productivity growth.We test this hypothesis using firm level data for German and Italian company for the 90''s. and we find evidence of a significant and robust Veblen-Gerschenkrion effect. The initial total factor productivity advantage of MNEs on local firm acts as a stimulus for productivity growth of local firms in the same region.FDI, Spillovers, Productivity

How alternative food networks work in a metropolitan area? An analysis of Solidarity Purchase Groups in Northern Italy

Our paper focuses on Solidarity Purchase Group (SPG) participants located in a highly urbanized area, with the aim to investigate the main motivations underlining their participation in a SPG and provide a characterization of them. To this end, we carried out a survey of 795 participants involved in 125 SPGs in the metropolitan area of Milan (Italy). Taking advantage of a questionnaire with 39 questions, we run a factor analysis and a two-step cluster analysis to identify different profiles of SPG participants. Our results show that the system of values animating metropolitan SPG practitioners does not fully conform to that traditionally attributed to an alternative food network (AFN). In fact, considerations linked to food safety and healthiness prevail on altruistic motives such as environmental sustainability and solidarity toward small producers. Furthermore, metropolitan SPGs do not consider particularly desirable periurban and local food products. Observing the SPGs from this perspective, it emerges as such initiatives can flourish also in those places where the lack of connection with the surrounding territory is counterbalanced by the high motivation to buy products from trusted suppliers who are able to guarantee genuine and safe products, not necessarily located nearby

An approach to the multidimensional assessment of food security and environmental sustainability: a vulnerability framework for the Mediterranean region

Poster presented at First International Conference on Global Food Security. Noordwijkerhout (The Netherlands), 29 Sep - 2 Oct 201

An approach to the multidimensional assessment of food security and environmental sustainability: a vulnerability framework for the Mediterranean region

Poster presented at First International Conference on Global Food Security. Noordwijkerhout (The Netherlands), 29 Sep - 2 Oct 201

Risk measures on P(R) and value at risk with probability/loss function

We propose a generalization of the classical notion of the V@Rλ that takes into account not only the probability of the losses, but the balance between such probability and the amount of the loss. This is obtained by defining a new class of law invariant risk measures based on an appropriate family of acceptance sets. The V@Rλ and other known law invariant risk measures turn out to be special cases of our proposal. We further prove the dual representation of Risk Measures on math formula

Effect of fruit-to-leaf area ratio on fruit quality and vegetative growth of 'bing' sweet cherry trees at optimal leaf area index

Fruit yield and quality determine grower income from commercial sweet cherry orchards. The objective of this study was to determine the effect of Fruit Number to Leaf Area Ratio (FNLAR, fruit m-2 LA) on Mean Fruit Weight (MFW), firmness (F), soluble solids content (SSC), titratable acidity (TA) and SSC:TA ratio of `Bing¿ sweet cherries trees of near-optimal leaf area index (LAI). The effect of FNLAR on Mean Shoot Growth (MSG) and trunk cross-sectional area increment (TCSAI) also was analysed to determine possible competition between reproductive and vegetative growth. Regression analysis was used with FNLAR as the independent variable. While SSC:TA, MSG and TCSAI were not significantly correlated to FNLAR (P>0.05), MFW, TA and SSC decreased linearly with increasing FNLAR (

X-ray study of bow shocks in runaway stars

Massive runaway stars produce bow shocks through the interaction of their winds with the interstellar medium, with the prospect for particle acceleration by the shocks. These objects are consequently candidates for non-thermal emission. Our aim is to investigate the X-ray emission from these sources. We observed with XMM-Newton a sample of five bow shock runaways, which constitutes a significant improvement of the sample of bow shock runaways studied in X-rays so far. A careful analysis of the data did not reveal any X-ray emission related to the bow shocks. However, X-ray emission from the stars is detected, in agreement with the expected thermal emission from stellar winds. On the basis of background measurements we derive conservative upper limits between 0.3 and 10 keV on the bow shocks emission. Using a simple radiation model, these limits together with radio upper limits allow us to constrain some of the main physical quantities involved in the non-thermal emission processes, such as the magnetic field strength and the amount of incident infrared photons. The reasons likely responsible for the non-detection of non-thermal radiation are discussed. Finally, using energy budget arguments, we investigate the detectability of inverse Compton X-rays in a more extended sample of catalogued runaway star bow shocks. From our analysis we conclude that a clear identification of non-thermal X-rays from massive runaway bow shocks requires one order of magnitude (or higher) sensitivity improvement with respect to present observatories.Fil: del Valle, Maria Victoria. Provincia de Buenos Aires. Gobernación. Comisión de Investigaciones Científicas. Instituto Argentino de Radioastronomía. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - La Plata. Instituto Argentino de Radioastronomía; ArgentinaFil: Romero, Gustavo Esteban. Provincia de Buenos Aires. Gobernación. Comisión de Investigaciones Científicas. Instituto Argentino de Radioastronomía. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - La Plata. Instituto Argentino de Radioastronomía; ArgentinaFil: Peri, Cintia Soledad. Provincia de Buenos Aires. Gobernación. Comisión de Investigaciones Científicas. Instituto Argentino de Radioastronomía. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - La Plata. Instituto Argentino de Radioastronomía; ArgentinaFil: Benaglia, Paula. Provincia de Buenos Aires. Gobernación. Comisión de Investigaciones Científicas. Instituto Argentino de Radioastronomía. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - La Plata. Instituto Argentino de Radioastronomía; ArgentinaFil: De Becker, M.. Université de Liège; Bélgic

Maintaining Acyclicity of Concurrent Graphs*

In this paper, we consider the problem of preserving acyclicity in a directed graph (for shared memory architecture) that is concurrently being updated by threads adding/deleting vertices and edges. To the best of our knowledge, no previous paper has presented a con- current graph data structure. We implement the concurrent directed graph data-structure as a concurrent adjacency list representation. We extend the lazy list implementation of concurrent linked lists for maintaining concurrent adjacency lists. There exists a number of graph applications which require the acyclic invariant in a directed graph. One such example is Serialization Graph Testing Algorithm used in databases and transactional memory. We present two concurrent algorithms for maintaining acyclicity in a concurrent graph: (i) Based on obstruction-free snapshots (ii) Using wait-free reachability. We compare the performance of these algorithms against the coarse-grained locking strategy, commonly used technique for allowing concurrent updates. We present the speedup obtained by these algorithms over sequential execution. As a future direction, we plan to extend this data structure for other progress conditions

Stock markets’ bubbles burst and volatility spillovers in agricultural commodity markets

Our paper focuses on commodity financialization and the gradual integration between commodity and financial markets, investigating to what extent shocks in stock markets impact commodity price volatility, and the persistency of the phenomenon. To this end, we estimate Volatility Impulse Response Function from stock markets to agricultural commodity markets over a symmetric window before and after two of the most important bubble bursts since the new millennium, the 2000 dot.com bubble and the 2008 financial crises. Results highlight that volatility spillover increased significantly after the 2008 financial crises, signalling a rising interconnection between financial and agricultural commodity markets