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Spatial agglomeration and firm exit
The paper investigates the effect of spatial agglomeration on firm exit in a dynamic framework. Using a large dataset at the industry-province level for Italy (1998-2007), we estimate a spatial dynamic panel model via a GMM estimator and analyze the short-run impact of specialization and variety on...
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| Format: | Article |
| Language: | English |
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2014
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| Subjects: |
| LEADER | 01101nab a22001817a 4500 | ||
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| 008 | 160615b2014 xxu||||| |||| 00| 0 eng d | ||
| 100 | |a Cainelli, Guilio | ||
| 245 | |a Spatial agglomeration and firm exit |c a spatial dynamic analysis for Italian provinces / Cainelli | ||
| 260 | |c 2014 | ||
| 300 | |a 213-228 | ||
| 520 | |a The paper investigates the effect of spatial agglomeration on firm exit in a dynamic framework. Using a large dataset at the industry-province level for Italy (1998-2007), we estimate a spatial dynamic panel model via a GMM estimator and analyze the short-run impact of specialization and variety on firm exit. Specialization negatively affects firm exit rates in the short-run. The effect is particularly significant for low-tech firms. The impact of variety on firm mortality rates at the industry level is instead less clear, although still negative and significant for low-tech firms. | ||
| 650 | |a Variety | ||
| 650 | |a Specialization | ||
| 650 | |a Spatial Agglomeration | ||
| 650 | |a Localization | ||
| 650 | |a Firm Exit | ||
| 773 | |a Small Business Economics |d June | ||
| 999 | |c 41577 |d 41577 | ||