A spatial multilevel analysis of Italian SMEs Productivity

Giorgio Fazio and Davide Piacentino

Working Papers from Business School - Economics, University of Glasgow

Abstract: In this paper, we adapt multilevel analysis methods to investigate the spatial variability of SMEs productivity across the Italian territory, and account for differences in the socio-economic context. Our results suggest that to properly capture the variability of the data, it is important to allow for both spatial mean and slope effects. Social decay has the expected negative impact. However, while this effect is larger on firms with smaller capital intensity, firms with higher capital intensity seem to be less affected by geography. Greater territorial heterogeneity emerges among those firms with lower capital to labour ratios.

Keywords: Firm heterogeneity; Spatial variability; Socio-economic Context; Multilevel Analysis (search for similar items in EconPapers)
JEL-codes: C31 R11 R12 R30 (search for similar items in EconPapers)
Date: 2009-06
New Economics Papers: this item is included in nep-bec, nep-eff, nep-geo, nep-sbm and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Related works:
Journal Article: A Spatial Multilevel Analysis of Italian SMEs' Productivity (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:gla:glaewp:2009_31

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