Giovanni Dosi, Federico Riccio and Maria Enrica Virgillito

Author Archive | Giovanni Dosi, Federico Riccio and Maria Enrica Virgillito

working_paper_2022_02

Specialize or diversify? And in What? Trade composition, quality of specialization and persistent growth

This paper, using a long-term, product-level cross-country dataset, analyzes the trade-growth nexus by introducing two novel indicators able to capture demand and supply attributes of countries’ quality of specialization. The Keynesian efficiency index measures demand attractiveness of the export baskets, estimating product-level demand elasticities and weighting them by diversification; the Schumpeterian efficiency index tracks the […]

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working_paper_2022_01

Firm responses to the pandemic crisis: sticky capabilites and widespread restructuring

This paper is meant to address the status of the Italian productive system in the wake of the most severe crisis economies are facing since WWII. In order to accomplish the latter task we rely on the combination of two high quality level dataset informing about so called firm behavioural traits: the first, the IMCPI […]

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working_paper_2021_70_38

Do patents really foster innovation in the pharmaceutical sector? Results from an evolutionary, agent-based model

The role of the patent system in the pharmaceutical sector is highly debated also due to its strong public health implications. In this paper we develop an evolutionary, agent-based model of the pharmaceutical industry to explore the impact of different configurations of the patent system upon innovation and competition. The model is able to replicate […]

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working_paper_2021_66

Big pharma and monopoly capitalism: A long-term view

Are IPRs institutions meant to foster innovative activities or conversely to secure appropriation and profitability? Taking stock of a long-term empirical evidence on the pharmaceutical sector in the US, we can hardly support IPRs intended as an innovation rewarding institution. According to our analysis, pharma patents have constituted legal barriers to protect intellectual monopolies rather […]

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working_paper_2021_64

Mission-Oriented Policies and the “Entrepreneurial State” at Work: An Agent-Based Exploration

We study the impact of alternative innovation policies on the short-and long-run performance of the economy, as well as on public finances, extending the Schumpeter meeting Keynes agentbased model (Dosi et al., 2010). In particular, we consider market-based innovation policies such as R&D subsidies to firms, tax discount on investment, and direct policies akin to […]

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working_paper_2021_60

A multiscale network-based model of contagion dynamics: heterogeneity, spatial distancing and vaccination

Lockdown and vaccination policies have been the major concern in the last year in order to contain the SARS-CoV-2 infection during the COVID-19 pandemic. In this paper we present a model able to evaluate alternative lockdown policies and vaccination strategies. Our approach integrates and refines the multiscale model proposed by Bellomo et al., 2020, analyzing […]

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working_paper_2021_53

From organizational capabilities to corporate performances: at the roots of productivity slowdown

This paper is one of the first attempts at empirically identifying organizational capabilities – in this work concerning Italian firms. Together, it proposes new evidence on the link between capabilities and economic performances. In order to do so, we employ the Indagine Multiscopo del Censimento Permanente delle Imprese (IMCPI), a survey carried out by the […]

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working_paper_2021_52

Technological paradigms, labour creation and destruction in a multi-sector agent-based model

This paper presents an agent-based model (ABM) of endogenous arrival of technological paradigms and new sectors entailing different patterns of labour creation and destruction, as well as of consumption dynamics. The model, building on the labour-augmented K+S ABM, addresses the long-term patterns of labour demand emerging from heterogeneous forms of technical change. It provides a […]

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