15 research outputs found
La lunga fase di instabilitĂ economica e politica dell'area Sud mediterranea. Prospettive d'integrazione e d'investimento Nord-Sud e Sud-Sud
“Investment in turbulent times: how political turbulence has affected the FDI level in the MENA region”
Are Italian firms performances influenced by innovation of domestic and foreign firms nearby in space and sectors?
This paper aims to address three main issues. First, we investigate the
relevance of spatial total factor productivity (TFP) spillovers determined by firm
closeness in the Italian Local Labour Systems (LLS) of Textile. Secondly, we assess
the relevance in these locations of TFP premia deriving from firm innovation, taking
into account spatial and sectoral innovation. Then, we question how far spatial
productivity spillovers and TFP premia spur from innovation of foreign and
domestic multinationals located in the LLSs. To this purpose, we use a panel of
Italian manufacturing firms for 2007 and 2010 (AIDA data) and focus on 18 Made
in Italy LLS of Textile. We employ a spatial econometric approach (spatial
autoregressive and spatial error models) by using the geographical coordinates at
firm level. We find strong productivity spillovers at spatial level and a relevant
impact of innovation on firm productivity. Evidence is also found of a positive
impact of intra-sectoral innovation and from concentration of foreign firms innovation
in the LLSs