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firm productivity and institutional quality: evidencefrom italian industry
时间:2017-04-14

【摘要】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, playa central role in explaining firm productivity in Italy. To this end, we construct measures of TotalFactor Productivity (TFP) for about 4,000 firms by means of different estimation techniques, and aprovince-level index of institutional quality. Then, we estimate the relationship between institutionalquality and firm-level TFP. Our results show that the existence of better local institutions might helpfirms to become more productive.

【文献来源】Lasagni A;Nifo A;Vecchione G.Journal of Regional Science.2015(5)