ERN CEIS: Centre for Economic & International Studies Working Paper Series, Vol. 20 No. 3, 04/12/2022


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  • Subject: ERN CEIS: Centre for Economic & International Studies Working Paper Series, Vol. 20 No. 3, 04/12/2022
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Title: CEIS: Centre for Economic & International Studies Working Paper Series :: SSRN

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Table of Contents

Alessandro Casini, University of Rome Tor Vergata

Leonardo Becchetti, University of Rome Tor Vergata - Faculty of Economics
Sara Mancini, University of Rome Tor Vergata - Department of Economics and Finance
Sara Savastano, University of Rome Tor Vergata - Faculty of Economics, International Fund for Agricultural Development (IFAD), World Bank

Giulio Cainelli, UniversitĂ  degli Studi di Bari - Dipartimento per lo Studio delle Societa Mediterranee, CERIS-CNR
Carlo Ciccarelli, University of Rome Tor Vergata - Faculty of Economics
Roberto Ganau, University of Padua


CEIS: CENTRE FOR ECONOMIC & INTERNATIONAL STUDIES
Furio Camillo Rosati - Director

"Comment on Andrews (1991) “Heteroskedasticity and Autocorrelation Consistent Covariance Matrix Estimation”*" Free Download
CEIS Working Paper No. 536

ALESSANDRO CASINI, University of Rome Tor Vergata
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This comment includes a solution to a problem in Section 8 in Andrews (1991) and points out a method to generalize the mean-squared error (MSE) bounds appearing in Andrews (1988) and Andrews (1991).

"Exposure to Climate Shocks, Poverty and Happiness: The ”Three Little Pigs” Effect" Free Download
CEIS Working Paper No. 537

LEONARDO BECCHETTI, University of Rome Tor Vergata - Faculty of Economics
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SARA MANCINI,
University of Rome Tor Vergata - Department of Economics and Finance
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SARA SAVASTANO,
University of Rome Tor Vergata - Faculty of Economics, International Fund for Agricultural Development (IFAD), World Bank
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We evaluate the impact of climate shocks on household subjective wellbeing on a sample of farmers in a Small Island Developing State (SIDS) of the Pacific (the Solomon Islands). We find that both subjective (self-assessed exposure to climate shocks) and objective (past cumulative extended dry spells) environmental stress indicators significantly reduce respondent’s subjective wellbeing. Using the compensating surplus approach we calculate that this loss requires several years of crop income to be compensated. Subjective wellbeing is more severely impacted for farmers with poor dwellings (ie. with thatch walls, consistently with the well known Disney tale), below median income or durable asset and for farmers living more isolated and not being members of formal agricultural associations. Farmers hit by climate shocks experienced in significantly higher proportion nutrition problems in their households. These findings support the hypothesis of the strong interdependence between environmental and social shocks.

"Administrative Reforms and Urban Development: Lessons from Italian Unification" Free Download
CEIS Working Paper No. 538

GIULIO CAINELLI, UniversitĂ  degli Studi di Bari - Dipartimento per lo Studio delle Societa Mediterranee, CERIS-CNR
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CARLO CICCARELLI,
University of Rome Tor Vergata - Faculty of Economics
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ROBERTO GANAU,
University of Padua
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We study how changes in the political-administrative hierarchy of a country affect urban development. We exploit the 1865 administrative reform occurred in the aftermath of Italian unification as a quasi-natural experiment to assess whether district’s capital cities endowed with supra-municipal administrative functions by law gained a population growth premium compared to similar non-capital cities in the period 1871-1921. We rely on difference-in-differences and event study estimation strategies, and find that district’s capital cities recorded a time-persistent population growth premium. Three main mechanisms explain our results: increases in public employment; increases in manufacturing employment; and development of the infrastructure endowment.

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  • ERN CEIS: Centre for Economic & International Studies Working Paper Series, Vol. 20 No. 3, 04/12/2022, Barbara Piazzi

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