Augusto Ninni, 2012/2013 1

The teacher May I introduce myself … Augusto Ninni Times of the lessons: 2 o’clock-4 on Monday-Tuesday- Wednesday. When to start ? 2.00 or 2.15 ? When to see students : on Wednesday, office hours: 11:30-13:30 and 4:6 pm Where: Padiglione Feroldi, 1° floor; 2

Program of the course To analyze many issues, even though sometimes in a fast way To utilize a (relatively) non academic, i.e. practical approach 3

The course has 5 parts 1. Textbook industrial economics 2. Multinational and global value chains 3. International issues affecting the strategies of the firms (labour, technology, energy&environment, policies) 4. EU and ADB policies 5. Presentations by the students 4

5 NumberTopic Progressive number of hours SpeakerTexts 1Neoclassical theory of the firm1-2Ninni Presentation of the course; Lipczynski Wilson Goddard Chap 3 2Other theories of the firm3-4Ninni Lipczynski Wilson Goddard Chap 4-5 3Non collusive oligopoly5-6NinniLipczynski Wilson Goddard Chap 6 4Collusion7-8NinniLipczynski Wilson Goddard Chap 7 5Industry: structure issues9-10NinniLipczynski Wilson Goddard Chap 8,9,10 6 Firm strategy and performances, plus Product differentiation 11-12NinniLipczynski Wilson Goddard Chap Pricing and auctions13-14NinniLipczynski Wilson Goddard Chap 12,13 8R&D15-16NinniLipczynski Wilson Goddard Chap 16 9Horizontal and vertical mergers17-18NinniLipczynski Wilson Goddard Chap 17-18

6 10 Multinational enterprises in the world: the facts 19-20Ninnislides 11 Theories about Foreign Direct Investments, FDI (1) 21-22Ninni Isabel Faeth (JES) JES, vol. 23, no. 1, pp Theories about FDI (2)23-24NinniIsabel Faeth (JES) 13Global value chains25-26 Ninni Koen De Backer, Norihiko Yamano: International Comparative Evidence on Global Value Chains OECD Working Paper, Industrial relations27-28 Lupi slides 15Global value chains and the European case NinniThe global operations of the European firms, The second EFIGE Policy Report

7 16 Energy content in exports and eco- innovations Ninni EU Competitiveness Report 2012, Reaping the benefits of globalization, chap 3 17 National industrial policies: a theoretical analysis Ninni Slides 18 National industrial policies: developed countries Ninni Industrial policy, Vives, EEAG Report, National industrial policies: developing countries Ninni Industrial policy and development, Robinson, Policies to attract foreign investments31-32 Ninni FDI Policy Instruments: Advantages and Disadvantages UNIDO 2009

8 21EU policies: energy & environment41-42 Ninni slides 22EU policies: industry & innovation43-44 Ninni slides 23WTO policies45-46 Ninni WTO, World Trade Report, International economy after the crisis Ninni International trade after the economic crisis UNCTAD-JETRO, Presentation: Finland49-50 Ernesto, Trovato, Aboulmagd, Marrone slides 26 Presentation: Economy change in and the effects on FDI in China Xiao Jiamin, Caecilia Oki Diah Savitri slides 27Presentation: UniCredit53-54 Sefa, Trandafilov slides 28Presentation: Hera55-56 Barilli, Savini, Simonetti, Bergamaschi slides

9 29 Presentation: Argentina Gigliotti, Turturiello, Roffi, Manchego slides 30 Supporting industrialization in Southeast Asia and Pacific: (1) Regional Organizations Bodda (guest speaker) 31 Supporting industrialization in Southeast Asia and Pacific: (2) The Asian Development Bank Bodda (guest speaker) 32 Presentation: Pharmaceutical industry Lamonica, Pezzuto, Pazzona, Basso slides 33 Presentation: Asian Tigers Dragoman, Esanu, Versari, Alfieri slides 34 Presentation: Cruise ship industry 67 Lindsey Marcellino, Giulia Bertolini slides 35 Presentation: United Arab Emirates with a focus on the sovereign founds 68 Schiavini Federica; Montani Marco; Fritz Lindsey slides

Texts (for non attending people) Lipczynski Wilson Goddard “Industrial organization: Competition, Strategy, Policy”, FT Prentice Hall 2009 (3 copies hold by the University Library); Isabel Faeth, “Determinants of foreign direct investments: a tale of nine theoretical models”, Journal of Economic Surveys (2009), vol. 23, no. 1, pp (electronic journals from the library); From Internet: Koen De Backer, Norihiko Yamano, International Comparative Evidence on Global Value Chains OECD Science, Technology and Industry Working Paper, 2012/03; Economic Commission, EU Competitiveness Report 2012 (chapter 3); FDI Policy Instruments: Advantages and Disadvantages, Working Paper UNIDO 2009/01 Xavier Vives, Industrial policy, chapter 4 of the EEAG Report on the European Economy, CESifo 2008; James A. Robinson, Industrial policy and development: a Political Economy Perspective, Harvard University, Department of Government, 2009; WTO, World Trade Report, 2012; UNCTAD-JETRO, International trade after the economic crisis, 2010 The second EFIGE Policy Report, The global operations of the European firms 10

For attending people… The aforementioned texts are a background: they have to support my slides My slides are the main course input You should read the background texts and take account of them for the written papers You do not need to read parts of texts referring to topics not presented on the slides 11

I will leave you my slides after the lesson (sometimes some days after the lesson) The slides will be on my Internet site: however the access requires a password 12

The examination: attending people The mark (out of thirty) will be the sum of two parts: A paper written on the day of the examination. Students will choose four out of the five questions. The questions are about topics discussed during the course, including topics presented by students. (Notice that where one of the five questions is on a topic a particular student has presented, that individual or group will be given an alternative supplementary) plus The result of the presentation (from 0/30 to 3/30) shown during the course (of course presentation is not mandatory) The time allowed is 2 hours 13

The examination: non attending people A paper written on the day of the examination. Students will choose four out of the five questions. The time allowed is 2 hours 14