Local agglomeration economies: what impact on multinational and national Italian firms' survival?

被引:4
|
作者
Ferragina, Anna Maria [1 ,2 ]
Mazzotta, Fernanda [1 ,2 ]
机构
[1] Univ Salerno, Dept Economcs & Stat, Via Giovanni Paolo II,132, I-84084 Salerno, SA, Italy
[2] Univ Salerno, CELPE, I-84084 Salerno, SA, Italy
关键词
duration analysis; foreign multinationals; international trade; finance; investment; business; firm performance; size and spatial distributions of regional economic activity; 1ST EVIDENCE; DETERMINANTS; PATTERNS; EXPORTS; ENTRY;
D O I
10.1016/j.sbspro.2013.12.843
中图分类号
F [经济];
学科分类号
02 ;
摘要
The aim of this paper is to analyze the determinants of firm survival devoting special interest to local agglomeration economies and to their different impact on multinational and national Italian manufacturing establishments. We use a large unbalanced micro-panel data set made of 884232 observations including both new and incumbent corporate firms. Data are disaggregated by firm, sector, and province and concern manufacturing firms localized in the 110 Italian provinces over 2002-2010. We employ semi-parametric Cox hazard models to explore the determinants of duration between a firm's start-up and its cessation of economic activity focusing on the role of urbanization economies, local industrial clusters, industry specialization, intra and extra-industry variety, respectively for multinational and national firms. (c) 2014 The Authors. Published by Elsevier Ltd.
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页码:8 / 19
页数:12
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