A spatial analysis of health and pharmaceutical firm survival

Giuseppe Arbia (), Giuseppe Espa (), Diego Giuliani () and Rocco Micciolo ()

No 2015/05, DEM Discussion Papers from Department of Economics and Management

Abstract: The presence of knowledge spillovers and shared human capital is at the heart of the Marhall-Arrow- Romer externalities hypothesis. Most of the earlier empirical contributions on knowledge externalities, however, considered data aggregated at a regional level so that conclusions are based on the arbitrary definition of jurisdictional spatial units: this is the essence of the so-called Modifiable Areal Unit Problem. A second limitation of these studies is constituted by the fact that, somewhat surprisingly, while concentrating on the effects of agglomeration on firm creation and growth, the literature has, conversely, largely ignored its effects on firm survival. The present paper aims at contributing to the existing literature by answering to some of the open methodological questions reconciling the literature of Cox proportional hazard with that on point pattern and thus capturing the true nature of spatial information. We also present some empirical results based on Italian firm demography data collected and managed by the Italian National Institute of Statistics (ISTAT).

Keywords: Agglomeration; Firm survival; Spatial econometrics (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-ent, nep-geo, nep-sbm and nep-ure
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Citations: View citations in EconPapers (1)

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Journal Article: A spatial analysis of health and pharmaceutical firm survival (2017)
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