This paper aims to contribute to the debate on the determinants of differentials in firms’ productivity. We test the hypothesis that macro factors, especially the quality of local institutions, play a central role in explaining firm productivity in Italy. To this end, we construct measures of Total Factor Productivity (TFP) for about 4,000 firms by means of different estimation techniques, and a province-level index of institutional quality. Then, we estimate the relationship between institutional quality and firm-level TFP. Our results show that the existence of better local institutions might help firms to become more productive.

FIRM PRODUCTIVITY AND INSTITUTIONAL QUALITY: EVIDENCE FROM ITALIAN INDUSTRY / Lasagni, Andrea; Nifo, A; Vecchione, G.. - In: JOURNAL OF REGIONAL SCIENCE. - ISSN 0022-4146. - 55:5(2015), pp. 774-800. [10.1111/jors.12203]

FIRM PRODUCTIVITY AND INSTITUTIONAL QUALITY: EVIDENCE FROM ITALIAN INDUSTRY

LASAGNI, Andrea;
2015-01-01

Abstract

This paper aims to contribute to the debate on the determinants of differentials in firms’ productivity. We test the hypothesis that macro factors, especially the quality of local institutions, play a central role in explaining firm productivity in Italy. To this end, we construct measures of Total Factor Productivity (TFP) for about 4,000 firms by means of different estimation techniques, and a province-level index of institutional quality. Then, we estimate the relationship between institutional quality and firm-level TFP. Our results show that the existence of better local institutions might help firms to become more productive.
2015
FIRM PRODUCTIVITY AND INSTITUTIONAL QUALITY: EVIDENCE FROM ITALIAN INDUSTRY / Lasagni, Andrea; Nifo, A; Vecchione, G.. - In: JOURNAL OF REGIONAL SCIENCE. - ISSN 0022-4146. - 55:5(2015), pp. 774-800. [10.1111/jors.12203]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11381/2799906
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