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Evolutionary economists have tended to assess firms and industries separately, neglecting the role of their interaction … in the process of economic growth and development. We trace the separation of firms and industries to Marshall, whose … industries. Penrose avoids the industry concept by focussing on heterogeneous firms, while Young and Steindl develop mundane …
Persistent link: https://www.econbiz.de/10009434930
This paper provides a description of the production process by comparing different frameworks in which to analyze the relations between inputs and output. The analyses are performed on a representative sample of Italian manufacturing firms. We employ both parametric and non-parametric analysis....
Persistent link: https://www.econbiz.de/10010328499
This paper jointly considers some pieces of evidence regarding peculiarities of industries' structure which are often …
Persistent link: https://www.econbiz.de/10010328515
This paper investigates the relevance of financial and economic variables as determinants of firm defaults. Our analysis is not limited to publicly traded companies but extends to a large sample of limited liability firms. We consider size, growth, profitability and productivity together with a...
Persistent link: https://www.econbiz.de/10010328639
This paper jointly considers some pieces of evidence regarding peculiarities of industries' structure which are often …
Persistent link: https://www.econbiz.de/10003740314
Italy ranked last in terms of manufacturing productivity growth according to OECD estimates over the last decade with a flat, if not declining, trend. In this work we investigate the underlying firm-level dynamics of enterprises on the grounds of a database developed by the Italian Statistical...
Persistent link: https://www.econbiz.de/10008729153
This paper investigates the relevance of financial and economic variables as determinants of firm defaults. Our analysis is not limited to publicly traded companies but extends to a large sample of limited liability firms. We consider size, growth, profitability and productivity together with a...
Persistent link: https://www.econbiz.de/10008732423
Using firm level data this study investigates the relation between export activity and firm’s profitability. The paper shows that, contrary to other performance indicators such as productivity, exporting activity is not systematically associated to higher firm’s profitability. This is shown...
Persistent link: https://www.econbiz.de/10008736330
Persistent link: https://www.econbiz.de/10003384988
Persistent link: https://www.econbiz.de/10011301227