The Survival of Tuscan Firms

Filippo Randelli () and Giorgio Ricchiuti

Working Papers - Economics from Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa

Abstract: In this paper we analyze the survival probability of firms in Tuscany (Italy) in the first decade of the $21^{st}$ century. Using the Official Register of Firms, held by Unioncamere Toscany, we build a panel for the period 1998-2010. Taking into account both individual and context variables, we find that a higher institutional complexity and a lower population density have a positive and significant effect on probability to survive. Moreover, both MAR and Jacob externalities have a nonlinear effect on the probability to survive: it must be reached a minimum level so that the negative effects of competition are more than offset by the positive effects of networking.

Keywords: Survival Analysis; Regional Studies; Economic Geography; Tuscany (search for similar items in EconPapers)
JEL-codes: C41 L0 R1 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2015
New Economics Papers: this item is included in nep-geo
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Persistent link: https://EconPapers.repec.org/RePEc:frz:wpaper:wp2015_02.rdf

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