- Bürker M., Mammi I., Minerva G.A., Civic Capital and Service Outsourcing: Evidence from Italy. Second Revision Requested.
Abstract: This paper studies whether civic capital acts an effective restraint against
opportunistic behavior in business-to-business transactions by looking at the firm-level degree of service outsourcing in Italy.
Our results show that firms tend to outsource more services in areas where civic capital is higher. We claim
that the rise in the propensity to engage in transactions with outside service suppliers stems from the decrease
in opportunism between the parties involved.
Department of Economics, University of Bologna, WP 1125
- Manasse P., Minerva G.A., Patuelli R., Zirulia L. (2020) How to Lockdown an Economy: an Input Output Analysis
of the Italian Case. Department of Economics Working Paper N. 1152, University of Bologna.
Abstract: This paper employs the most recent Input Output tables to discuss the Italian lockdown after the COVID-19
epidemics. We define basic activities and derive a ranking of industries which more intensively contribute to
them. Confronting our results with the choices of the Italian government, we find that these were broadly correct
in terms of industrial composition. However, we find that the lockdown of industries such as construction, real
estate and manufacture of basic metals reveal a very conservative preferences in terms of the target share of output
of essential activities (below 85 %).
- Minerva G.A. (2017) Integration versus Outsourcing with Vertical Linkages. Development Studies Working Papers
N. 411, Centro Studi Luca d'Agliano.
Abstract: In the model by Grossman and Helpman (2002) no industry has both vertically integrated and specialized producers
in equilibrium. I generalize their model by assuming that final goods producers (irrespective of whether they are vertically integrated
with the upstream stage or specialized in the downstream stage only) need a basket of differentiated commodities, in addition to labor,
as a fixed requirement for production. I then show the existence of an equilibrium populated simultaneously by vertically integrated and