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CARLO ALTOMONTE

Carlo Altomonte
Associate Professor
Department of Policy Analysis and Public Management

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Courses a.y. 2016/2017

10367 ECONOMIC POLICY
10604 INTERNATIONAL BUSINESS ENVIRONMENT / FUDAN
10714 MANAGERIAL ECONOMICS
11128 SCENARIO ECONOMICO
20269 ECONOMICS OF EUROPEAN INTEGRATION
20512 ECONOMICS AND POLICY OF GLOBAL MARKETS
30056 EUROPEAN ECONOMIC POLICY
30391 ECONOMICS OF EUROPEAN UNION
40377 LAW AND ECONOMICS OF THE EU


Biographical note

BA in Economics (with major in International Economics) from Università Bocconi. PhD in International Law and Economics from Università Bocconi. MA in Economics (UC Louvain) and PhD in Applied Economics from KU Leuven.


Academic CV

Associate Professor of Economics of European Integration. He is Program Director of World Bachelor in Business. SDA Professor of Macroeconomics and International Business Environment within the Executive MBA programs, for which he has been awarded the ‘Best MBA Teacher’ prize.  Visiting Professor, among others, at the Paris School of Economics (Panthèon-Sorbonne, Paris, France), NYU (New York, USA), Korean Business School (Seoul, Korea), Keio University (Tokyo, Japan), Fudan University (Shanghai, China) and KU Leuven (Leuven, Belgium). Consultant on international trade and investment to the European Commission, the European Parliament, the Division of Investment and Enterprise of UNCTAD (UN - Geneva) and the European Central Bank. Member of the Group of Experts on Economic Policy with the Italian Office of the Prime Minister. Senior Research Fellow at the Institute of International Studies (ISPI), Milan, Research Fellow at FEEM-Fondazione Eni Enrico Mattei, Milan and Non-Resident Fellow at the think-tank Bruegel, Brussels.


Research areas

European Integration. International Trade and Industrial Economics. Analysis of Multinational Corporations. Economic geography.


Selected publications

  • Altomonte, C., Colantone, I. and Pennings, E. (2016) “International trade with heterogeneous firms and asymmetric product varieties”, Journal of Industrial Economicsforthcoming.

  • Altomonte, C., Gamba, S., Mancusi, M.L. and Vezzulli, A. (2016) “R&D investments, financing constraints, exporting”, Economics of Innovation and New Technology, vol. 25, pp. 283-303.

  • Altomonte, C. and Békés, G. (2016) Measuring competitiveness in Europe: resource allocation, granularity and trade, (eds.), Bruegel Blueprint Series XXIV, Brussels.

  • Altomonte, C., Barattieri, A. and Basu, S. (2015) “Average-cost pricing: Some evidence and implications”, European Economic Review, vol.79, pp. 281-296.

  • Altomonte, C. and Barattieri, A. (2015) “Endogenous Markups, International Trade, and the Product Mix”, Journal of Industry, Competition and Trade, vol.15, pp. 205–221

  • Altomonte, C., Barattieri, A. and Rungi, A. (2014) “Import Penetration, Intermediate Inputs and Productivity: Evidence from Italian Firms”, Rivista Italiana degli Economisti, vol. XIX, n.1, pp.45-66.

  • Altomonte, C., Aquilante, T., Békés, G. and Ottaviano, G.I.P. (2013) “Internationalization and innovation of firms: evidence and policy”, Economic Policy, vol. 28(76), pp. 663-700.

  • Altomonte, C., di Mauro, F., Ottaviano, G.I.P., Rungi, A. and Vicard, V. (2013) “Global Value Chains during the Great Trade Collapse: A Bullwhip Effect?”, in S. Beugelsdijk, S. Brakman, H. van Ees, H. Garretsen (eds.) Firms in the International Economy, MIT Press, Cambridge MA.

  • Altomonte, C. and Nicolini, M., (2012) “Economic Integration and the Dynamics of Firms' Competitive Behavior”, Structural Change and Economic Dynamics, vol. 23, pp. 383– 402

  • Altomonte, C., Aquilante, T., Ottaviano, G.I.P. (2012) The Triggers of Competitiveness: the EFIGE Cross-Country Report, Bruegel Blueprint Series XVII, Brussels.

  • Altomonte, C. and Ottaviano, G.I.P. (2011) “The role of international production sharing in EU productivity and competitiveness”, Cahiers BEI, n. 16, pp. 62-89.

  • Altomonte, C. and Pennings, E. (2009) “Domestic plant productivity and incremental spillovers from foreign direct investment”, Journal of International Business Studies, vol. 40(7), pp. 1131-1148.

  • Altomonte, C. and Colantone, I. (2008) “Firm heterogeneity and endogenous regional disparities”, Journal of Economic Geography, vol. 8(6), pp. 779-810.

  • Altomonte, C. and Pennings, E. (2008) “Learning from foreign investment by rival firms: theory and evidence”, International Journal of Industrial Organization, vol. 26(5), pp. 1203-1217.

  • Altomonte, C. (2007) “Regional Economic Integration and the Location of Multinational Firms”, Weltwirtschafliches Archiv – Review of World Economics, vol. 143(2), pp. 277-305.

  • Altomonte, C. and Pennings, E. (2006) “The Hazard Rate of Foreign Direct Investment: a Direct Estimation of a Real Option Model”, Oxford Bulletin of Economics and Statistics, n. 68(5), pp. 569-593.

  • "Economics and Policies of an Enlarged Europe" (con M. Nava), Edward Elgar, Cheltenam, 2005;

  • "L'Euro: una moneta, una Europa" (con C. Secchi), Marsilio, 2002.