Andrea Vaona

Personal Data

Birthplace: Verona.

E-mail:

Current position: Associate Professor of the University of Verona (I) and Research Economist of the Kiel Institute for the World Economy (DE).

Education

2002 to 2006 Birkbeck College (University of London) London, UK

Ph.D. in Economics under the supervision of prof. D. Snower and prof. R. Smith. Thesis title: “Essays on the long and short run relationships between inflation and economic activity”. Examiners: prof. H. Dixon and dr. M. Karanassou

2001 to 2002 University of Turin Turin, IT

M.A. in Economics Final Mark: A+.

1996 to 2001 University of Trento Trento, IT

Graduation (with honours) in Economics with the dissertation in English “European unemployment: The cases of Italy and the UK”. Supervisors: prof. A. Leijonhufvud and prof. L. Bonatti.

1990 to 1995 Istituto Don Nicola Mazza Verona, IT

“Maturità Classica” Mark 60/60

Publications

Publications in English

Journal Articles

“Access to electricity and socio-economic characteristics: panel data evidence from 31 countries”, together with Natalia Magnani, forthcoming on Energy, previously appeared as Working Paper 15/2014, University of Verona, Department of Economics.

“A nonparametric panel data approach to the cyclical dynamics of price-cost margins in the the fourth Kondratieff wave” forthcoming on Eurasian Business Review, previously appeared as “A nonparametric panel data approach to the cyclical dynamics of price-cost margins”, appeared as Kiel Working Papers 1580, Kiel Institute for the World Economy. http://dx.doi.org/10.1007/s40821-015-0034-0.

“Import demand and renewable energy generation in 26 countries”, Renewable Energy, 86 (2016), 354-359, previously appeared as Working Paper 7/2013, Department of Economic Sciences, University of Verona. http://dx.doi.org/10.1016/j.renene.2015.07.062.

“Determinants of technology transfer through CDM: A within-country analysis for China” with Matthias Weitzel and Wan-Hsin Liu, Climate Policy, 5 (2015), 626-646, previously appeared as Kiel Working Papers 1889, Kiel Institute for the World Economy. https://dx.doi.org/10.1080/14693062.2014.954095.

“Credit depth, government intervention and innovation in China: Evidence from the provincial data”, together with Aoife Hanley and Wan-Hsin Liu, Eurasian Business Review, 5 (2015), 73-98, previously titled “Financial development and innovation in China: Evidence from the provincial data”, appeared as Kiel Working Papers 1673, Kiel Institute for the World Economy. https://dx.doi.org/10.1007/s40821-015-0016-2.

“Price-price deviations are highly persistent”, Structural Change and Economic Dynamics, 33 (2015), 86-95, previously appeared as Working Paper 08/2012, Department of Economic Sciences, University of Verona. https://dx.doi.org/10.1016/j.strueco.2015.04.003.

“The price-price Phillips curve in small open economies and monetary unions: theory and empirics”, International Economics and Economic Policy, 12 (2015), pp. 281-307, previously appeared as Working Paper 6/2011, Department of Economic Sciences, University of Verona. https://dx.doi.org/10.1007/s10368-014-0270-2.

“Start-up complexity and the thickness of regional input markets”, with Dirk Christian Dohse, Economics Letters, 124 (2014), pp. 424–427, previously appeared as Kiel Working Papers 1842, Kiel Institute for the World Economy. https://dx.doi.org/10.1016/j.econlet.2014.07.004.

“A panel data approach to price-value correlations”, Empirical Economics, 47 (2014), pp. 21-34, previously appeared as Working Paper 14/2011, Department of Economic Sciences, University of Verona. http://dx.doi.org/10.1007/s00181-013-0733-2.

“Gender employment disparities, financialization and profitability dynamics on the eve of Italy's post-2008 crisis”, together with Alice Tescari, Feminist Economics, 20 (2014), pp. 191-209, previously appeared as Working Paper 22/2012, Department of Economic Sciences, University of Verona. http://dx.doi.org/10.1080/13545701.2014.922691.

“Regulating rates of return do gravitate in US manufacturing!”, together with Stefania Tescari, Metroeconomica, 65 (2014), pp. 377–396, previously appeared as Working Paper 19/2013, Department of Economic Sciences, University of Verona. http://dx.doi.org/10.1111/meca.12043.

“Twenty-two econometric tests on the gravitation and convergence of industrial rates of return in New Zealand and Taiwan”, International Review of Applied Economics, 27 (2013), pp. 597-611, previously appeared as Working Paper 38/2012, Department of Economic Sciences, University of Verona. http://dx.doi.org/10.1080/02692171.2013.778820.

“The most beautiful variations on fair wages and the Phillips curve”, Journal of Money, Credit and Banking, 45 (2013), pp. 1069-1084, previously titled “Six variations on fair wages and the long-run Phillips curve”, appeared as Working Paper 17/2010, Department of Economic Sciences, University of Verona. http://dx.doi.org/10.1111/jmcb.12044.

“Money illusion and the long-run Phillips curve in staggered wage-setting models”, Research in Economics, 67 (2013), pp. 88-99, previously appeared as Working Paper 14/2010, Department of Economic Sciences, University of Verona. http://dx.doi.org/10.1016/j.rie.2012.09.003.

“The sclerosis of regional electricity intensities in Italy: an aggregate and sectoral analysis”, Applied Energy, 104 (2013), pp. 880-889, previously appeared as Working Paper 18/2012, Department of Economic Sciences, University of Verona. DOI: http://dx.doi.org/10.1016/j.apenergy.2012.12.018.

“Regional spillover effects of renewable energy generation in Italy”, together with Natalia Magnani, Energy Policy, 56 (2013), pp. 663-671, previously appeared as Working Paper 12/2011, Department of Economic Sciences, University of Verona. DOI: http://dx.doi.org/10.1016/j.enpol.2013.01.032.

“Further econometric evidence on the gravitation and convergence of industrial rates of return on regulating capital”, Journal of Post-Keynesian Economics, 35 (2012), pp. 113-136, previously appeared as Working Paper 08/2011, Department of Economic Sciences, University of Verona. DOI: http://dx.doi.org/10.2753/PKE0160-3477350107.

“Inflation and growth in the long run: a new Keynesian theory and further semiparametric evidence” Macroeconomic Dynamics, 16 (2012), pp. 94-132, previously appeared as Working Paper #202 (09-07) of the Department of Economics and Quantitative Methods of the University of Pavia and as Working Paper 9/2010, Department of Economic Sciences, University of Verona. DOI: http://dx.doi.org/10.1017/S1365100510000453.

“Regional inflation persistence: Evidence from Italy”, together with Guido Ascari, Regional Studies, 46 (2012), pp. 509-523, previously appeared as Working Paper #192 (02-07), Department of Economics and Quantitative Methods of the University of Pavia and as Working Paper 4/2010, Department of Economic Sciences, University of Verona. DOI: http://dx.doi.org/10.1080/00343404.2010.505913.

“Granger non-causality tests between (non)renewable energy consumption and output in Italy since 1861: the (ir)relevance of structural breaks”, Energy Policy, 45 (2012), pp. 226-236, previously appeared as Working Paper 19/2010, Department of Economic Sciences, University of Verona. DOI: http://dx.doi.org/10.1016/j.enpol.2012.02.023.

“Profit rate dynamics, income distribution, structural and technical change in Denmark, Finland and Italy”, Structural Change and Economic Dynamics, 22 (2011), pp. 247-268, previously appeared as Working Paper 11/2010, Department of Economic Sciences, University of Verona. DOI: http://dx.doi.org/10.1016/j.strueco.2011.06.001.

“Intra-national purchasing power parity and Balassa-Samuelson effects in Italy”, Spatial Economic Analysis, 6 (2011), pp. 291-310, previously titled “A cross-sectional approach to regional long-run inflation in Italy”, appeared as Working Paper #204 (09-07) of the Department of Economics and Quantitative Methods of the University of Pavia and as Working Paper 12/2010, Department of Economic Sciences of the University of Verona. DOI: http://dx.doi.org/10.1080/17421772.2011.586720.

“An empirical investigation into the gravitation and convergence of industry return rates in OECD countries”, International Review of Applied Economics, 25 (2011), pp. 465 - 502, previously appeared as Working Paper 2/2010 and as Working Paper 3/2010, Department of Economic Sciences, University of Verona. DOI: http://dx.doi.org/10.1080/02692171.2010.529429.

“The German East-West divide in knowledge production: An application to nanomaterial patenting”, together with Roberto Patuelli and Christoph Grimpe, Journal of Economic and Social Geography, 101 (2010), pp. 568-582, previously appeared as Working Paper of the Faculty of Economics of the University of Lugano (08-10). DOI: http://dx.doi.org/10.1111/j.1467-9663.2010.00631.x.

“A survival analysis approach to the duration of union membership in Italy”, Applied Economics Letters, 17 (2010), pp. 1089-1093, previously appeared as Kiel Working Papers 1268, Kiel Institute for the World Economy. DOI: http://dx.doi.org/10.1080/00036840902817482.

“Spatial autocorrelation and the sensitivity of RESET: A simulation study”, Journal of Geographical Systems, 12 (2010), 1, pp. 89-103. DOI : http://dx.doi.org/10.1007/s10109-009-0093-9.

“Spatial autocorrelation or model misspecification? The help from RESET and the curse of small samples”, Letters in Spatial and Resource Sciences, 2 (2009), 1, pp. 53-59. DOI : http://dx.doi.org/10.1007/s12076-009-0022-z.

“Innovation after Lisbon: New ideas for innovation policies in Europe”, together with Mario Pianta, Economia e Politica Industriale, 4 (2008), pp. 199-203.

“New empirical evidence on local financial development and growth”, together with Roberto Patuelli, Letters in Spatial and Resource Sciences, 1 (2008), 2-3, pp. 147-157, previously appeared as Working Paper of the Faculty of Economics of the University of Lugano (08-05). DOI : http://dx.doi.org/10.1007/s12076-008-0014-4.

“Increasing returns to scale and the long-run Phillips curve”, together with Dennis Snower, Economics Letters, 100 (2008), 1, pp. 83-86, appeared as Kiel Working Papers 1277, Kiel Institute for the World Economy, and as Working Paper #203 (09-07) of the Department of Economics and Quantitative Methods of the University of Pavia. DOI: http://dx.doi.org/10.1016/j.econlet.2007.11.013.

“Poolability and the finance – growth nexus: A cautionary note”, together with Stefano Schiavo, Economics Letters, 98 (2008), 2, pp. 144-147, appeared as Kiel Working Papers 1299, Kiel Institute for the World Economy. DOI: http://dx.doi.org/10.1016/j.econlet.2007.04.015.

“Regional evidence on financial development, finance term structure and growth”, Empirical Economics, 34 (2008), 1, pp. 185-201, appeared as Working Paper 30, Department of Economic Sciences, University of Verona and as Kiel Working Papers 1285, Kiel Institute for the World Economy. DOI: http://dx.doi.org/10.1007/s00181-007-0153-2.

“The duration of union membership in Italy: A research note”, Industrial Relations: A Journal of Economy and Society, 47 (2008), 2, pp. 260-265. DOI: http://dx.doi.org/10.1111/j.1468-232X.2008.00519.x.

“Firm size and innovation in European manufacturing”, together with Mario Pianta, Small Business Economics, 30 (2008), 3, 283-299, appeared as Kiel Working Papers 1284, Kiel Institute for the World Economy. DOI: http://dx.doi.org/10.1007/s11187-006-9043-9.

“Innovation and productivity in European industries”, together with Mario Pianta, Economics of Innovation and New Technology, 16 (2007), 7, pp. 485-499, previously appeared as Kiel Working Papers 1283, Kiel Institute for the World Economy. DOI: http://dx.doi.org/10.1080/10438590600914569.

“Merging the PPP and the Phillips curve literatures: Evidence from Italy”, International Regional Science Review, 30 (2007), 2, pp. 152-172, appeared as Kiel Working Papers 1282, Kiel Institute for the World Economy. DOI: http://dx.doi.org/10.1177/0160017606298444.

“Nonparametric and semiparametric evidence on the long-run effects of inflation on growth”, together with Stefano Schiavo, Economics Letters, 94 (2007), pp. 452-458, previously appeared as Department of Economics, University of Trento ,Working Paper 20 and as Kiel Working Papers 1286, Kiel Institute for the World Economy. DOI: http://dx.doi.org/10.1016/j.econlet.2006.09.004.

Book Chapters

“Empirical evidence on the finance–growth nexus at the regional level” in Grönziger, G., W. Matiaske, and K. Spiess (eds.), Europe and its Regions, Cambridge Scholar Publ., Cambridge, 2008, pp. 175-204, ISBN: 9781847184344.

“Regional evidence on the finance–growth nexus” in Bracchi, G. and D. Masciandaro (eds.), Banche e Geografia. Nuove Mappe Produttive e Metamorfosi del Credito, Bancaria Editrice, Rome, 2006, pp. 355-372, ISBN 88-449-0345-8.

Book Reviews

“Understanding globalization, employment and poverty reduction”, by E. Lee and M. Vivarelli, Research Policy, 34 (2005), pp. 977–980.

Publications in Italian

Journal Articles

“L’evoluzione recente dei tassi di sindacalizzazione in Veneto” [Recent trends of union membership in the Veneto region], Quaderni di Rassegna Sindacale, 3 (2006), pp. 289-322.

“La disoccupazione in Italia e nel Regno Unito prima dell’Unione Monetaria” [Unemployment in Italy and the UK before the Monetary Union], Economia e Società Regionale, 1 (2005), pp. 5-28.

“Il dibattito sulla disoccupazione in Europa negli anni ’80 e ’90. Un bilancio” [The debate on unemployment in Europe during the 80s and the 90s: An assessment], Rivista Economica del Mezzogiorno, 3-4 (2004), pp. 373-405.

“Aspetti regionali della disoccupazione in Italia negli anni ’80 e ’90” [Regional aspects of unemployment in Italy during the 80s and the 90s], Rivista Economica del Mezzogiorno, 1-2, 2003, pp. 87-123.

Book Chapters

“La dimensione d’impresa nell’analisi economica” [Firm size in Economics], together with Giancarlo Corò, in Corò, G. and R. Grandinetti (eds.), Le Strategie di Crescita delle Medie Imprese, Il Sole 24 Ore, Milan, 2007, pp. 26-58. ISBN: 88-8363-886-7.

Publications in Spanish

“La innovación después de la Estrategia de Lisboa: nuevas ideas para las políticas de innovación en Europa”, with Mario Pianta, Economistas, 118 (2008), pp. 63-68.

Working Papers in English

“Anomalous empirical evidence on money long-run super-neutrality and the vertical long-run Phillips curve” Working Papers 17/2015, University of Verona, Department of Economics.

“Searching for money illusion in Europe”, together with Alberto Montagnoli, appeared as Working Papers 10/2015, University of Verona, Department of Economics, submitted to journal.

“Regional aspects of aggregate profitability dynamics in Italy”, together with Silvia Domeneghetti, appeared as Working Paper 04/2015, University of Verona, Department of Economics, submitted to journal.

“Countervailing inequality effects of globalization and renewable energy generation in Argentina”, appeared as Working Papers 12/2013, University of Verona, Department of Economics, submitted to journal.

“Inflation gifts restrictions for structural VARs: evidence from the US”, appeared as Working Paper 16/2015 Department of Economic Sciences, University of Verona, previously appeared as “Inflation gifts and endogenous growth through learning-by-doing”, Working Papers 09/2013, University of Verona, Department of Economics, submitted to journal.

“STATA tip: A quick trick to perform a roy-zellner test for poolability in STATA”, appeared as Working Paper of the Faculty of Economics of the University of Lugano (08-04).

“The sensitivity of nonparametric misspecification tests to disturbance autocorrelation”, appeared as Working Paper of the Faculty of Economics of the University of Lugano (08-03).

“Inflation persistence, structural breaks and omitted variables: A critical view”, appeared as Working Paper of the Faculty of Economics of the University of Lugano (08-02).

“Multiplicatively separable preferences and output persistence”, appeared as Birkbeck Working Paper in Economics and Finance 0511.

Working Papers in Italian

“Le dimensioni territoriali e sociali della sindacalizzazione in Veneto” [Territorial and social aspects of union membership in the Veneto region], IRES Veneto, Working Paper n. 60.

“L’evoluzione recente dei tassi di sindacalizzazione in Veneto” [Recent trends in union membership in the Veneto region] (extended version), IRES Veneto, Working Paper n. 56.

“Il Veneto e le sue province tra i due censimenti del 1991 e del 2001” [The Veneto region and its provinces between the censuses of 1991 and 2001], IRES Veneto, Working Paper n. 52.

Blogs

“La crisi di profittabilità dell’economia italiana”, May 4th, 2015, http://www.nelmerito.com/index.php?option=com_content&task=view&id=2161&Itemid=1

“Renewable energy: A resource if well thought out”, March 18th, 2012, http://www.economonitor.com/blog/2012/03/renewable-energy-a-resource-if-well-thought-out/

“Have Chinese innovators (and banks) finally grown-up?”, together with Aoife Hanley and Wan-Hsin Liu, March 14th, 2011, http://www.voxeu.org/index.php?q=node/6272