Spatial patterns and determinants of firm exit: an empirical analysis on France
Giuseppe Arcuri (),
Marc Brunetto () and
Nadine Levratto ()
Additional contact information
Marc Brunetto: Université Paris Nanterre
Nadine Levratto: Université Paris Nanterre
The Annals of Regional Science, 2019, vol. 62, issue 1, No 5, 99-118
Abstract:
Abstract The purpose of this research is to study the role of spatial agglomeration economies as drivers of firm exit in France over the period 2009–2013 by focusing on two regional variables (local financial development and local specialization). The spatial autocorrelation detected in the data leads us to apply spatial econometric techniques (Spatial Dynamic Panel models and spatial GMM) that permit us to control the estimation of spatial spillover effects. Our results show that firm exit is significantly influenced by positive spatial autocorrelation. Therefore, locations with high exit rates tend to be surrounded by similar ones. However, this phenomenon differs according to the period. In addition, we find that greater local financial development reduces the exit rate in a department, whereas local specialization seems not to exert any effect.
JEL-codes: G33 L26 R11 R12 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
http://link.springer.com/10.1007/s00168-018-0887-0 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Related works:
Working Paper: Spatial patterns and determinants of firm exit: an empirical analysis on France (2019)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:anresc:v:62:y:2019:i:1:d:10.1007_s00168-018-0887-0
Ordering information: This journal article can be ordered from
http://link.springer.com/journal/168
DOI: 10.1007/s00168-018-0887-0
Access Statistics for this article
The Annals of Regional Science is currently edited by Martin Andersson, E. Kim and Janet E. Kohlhase
More articles in The Annals of Regional Science from Springer, Western Regional Science Association Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().