MARKET DYNAMICS AND INDUSTRY EVOLUTION

The course will focus on the analysis of Markets and Industries in in an international and dynamic perspective, with a focus on reassessment and reflection in light of GVCs

1) Knowledge and understanding
Acquire the basic concepts of industrial economics in an international context.
Know the main analysis models of the industrial and international economy.
Know and critically consider the main economic policies regarding technological innovation and industrial policy.
Knowing and knowing how to use data relating to the international context in the industrial field.
2) Ability to apply knowledge and understanding
Use the concepts learned to interpret the evolution of international industrial economic systems, public policies, business strategies, market regulation in relation to the international industrial economy.
3) Judgment skills
Knowing how to formulate and argue interpretative hypotheses on the development of technologies and the consequent effects on economic agents
4) Communication skills: the student must be able to synthesize the acquired knowledge effectively and coherently.

Basic knowledge of micro and macroeconomics.

I. Market analysis and Industrial economics. Review of some basic economics
II. Internationalization of production
III. Global Value Chain
IV. National and International Industrial Policy
V. Topics

Grossman, G. M., & Helpman, E. (2015). Globalization and growth. The American Economic Review, 105(5), 100-104.
Verouden V. (2004), Concentration Indices and Market Shares in the EU Horizontal Merger Guidelines, FTC and U.S. DOJ Merger
Enforcement Workshop, Washington, DC, February 17-19, 2004.
Perry, M.K. ‘Vertical Integration: Determinants and Effects’, in Schmalensee, R. and R. Willig (eds) Handbook of Industrial
Organization, volume 1. (Amsterdam: North-Holland, 1989).
Kumar, Krishna B., Raghuram G. Rajan, and Luigi Zingales. What determines firm size?. No. w7208. National Bureau of
Economic Research, 1999.
Lafontaine and Slade ‘Vertical Integration and Firm Boundaries: The Evidence’, Journal of Economic Literature (2007) 45(3),
pp.629–685.
Ralston, Peter M., et al. "A Structure–Conduct–Performance Perspective of How Strategic Supply Chain Integration Affects Firm
Performance." Journal of Supply Chain Management 51.2 (2015): 47-64.
Iammarino, Simona. "Transnational Corporations and International Production. Concepts, Theories and Effects." Regional
Studies 47.2 (2013): 296-297.
Gereffi, Gary. "The global economy: organization, governance, and development." The handbook of economic sociology 2
(2005): 160-182.
Aitken, B.J. and A.E. Harrison (1999) “Do Domestic Firms Benefit from Direct Foreign Investment? “American Economic Review,
89:3, 605–618.
Blomstrom,M. and F. Sjoholm (1999) “Technology Transfer and Spillovers: Does Local Participation with Multinationals Matter?”
European Economic Review, 43:4–6, 915–923.
Kugler, M. (2006) “Spillovers from Foreign Direct Investment: Within or between Industries?” Journal of Development
Economics, 80:2, 444–477.
Gereffi, Gary; John Humphrey and Sturgeon, Timothy. 2005. “The Governance of Global Value Chains.” Review of International
Political Economy. 12(1): 78-104.
Gereffi, Gary, John Humphrey, and Timothy Sturgeon. "The governance of global value chains." Review of international political
economy 12.1 (2005): 78-104.

Optional: Armstrong, Mark, and Robert H. Porter, eds. Handbook of industrial organization. Vol. 1,2 and 3. Elsevier, 2007.

Written examination.
For attending students, the final grade will take into consideration group works and active in-class participation

Lectures, seminars, workshops

English

written

This subject deals with topics related to the macro-area "Circular economy, innovation, work" and contributes to the achievement of one or more goals of U. N. Agenda for Sustainable Development