Maggioni, Daniela; Lo Turco, Alessia; Gallegati, Mauro - Dipartimento di Scienze Economiche e Sociali, Facoltà … - 2014
With this paper we provide, for the first time to our knowledge, micro-level evidence on the negative linkage between firm complexity and volatility. A higher sophistication level of a firm's export basket reduces its output fluctuations. When focusing on a sample of exporting and non exporting...