Industrial Clusters, Organized Crime and Productivity Growth in Italian SMEs
Roberto Ganau and
Authors registered in the RePEc Author Service: Andrés Rodríguez-Pose ()
No 12140, CEPR Discussion Papers from C.E.P.R. Discussion Papers
We examine whether organized crime affects firms' performance (defined using Total Factor Productivity growth) both directly and indirectly, by downsizing the positive externalities arising from the geographic concentration of (intra- and inter-industry) market-related firms. The analysis uses a large sample of Italian small- and medium-sized manufacturing firms over the period 2010-2013. The results highlight the negative direct effects of organized crime on firms' productivity growth. Any positive effect derived from industrial clustering is thoroughly debilitated by a strong presence of organized crime, and the negative moderation effect of organized crime on productivity growth is greater for smaller than for larger firms.
Keywords: Total Factor Productivity; Organized crime; Industrial clustering; Externalities; Italy (search for similar items in EconPapers)
JEL-codes: D24 L25 R11 R12 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec, nep-cse, nep-ent, nep-geo, nep-sbm, nep-tid and nep-ure
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Journal Article: Industrial clusters, organized crime, and productivity growth in Italian SMEs (2018)
Working Paper: Industrial Clusters, Organized Crime and Productivity Growth in Italian SMEs (2017)
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