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EnglishWe analyzed productivity growth differentials across 68,000 Italian manufacturing firms over 2001-2010, in order to disentangle internal and external productivity drivers. A two-stage procedure was implemented for extracting fixed effects on the firms for 103 home counties (stage one), and regressing them upon a number of external factors that could affect productivity dynamics (stage two). We found that a rather limited set of external drivers related to financial conditions, social capital and market potential explain approximately two-thirds of the cross-county productivity dispersion.
http://hdl.handle.net/11385/110592| Titolo: | Internal vs. External Firm Productivity Drivers. A Study of the Italian Counties |
| Autori interni: | SANTONI, GIANLUCA QUINTIERI, BENIAMINO MANZOCCHI, STEFANO |
| Data di pubblicazione: | 2014 |
| Abstract: | We analyzed productivity growth differentials across 68,000 Italian manufacturing firms over 2001-2010, in order to disentangle internal and external productivity drivers. A two-stage procedure was implemented for extracting fixed effects on the firms for 103 home counties (stage one), and regressing them upon a number of external factors that could affect productivity dynamics (stage two). We found that a rather limited set of external drivers related to financial conditions, social capital and market potential explain approximately two-thirds of the cross-county productivity dispersion. |
| Handle: | http://hdl.handle.net/11385/110592 |
| Appare nelle tipologie: | 05 - Working Paper |
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