Our study confirms that the financial constraints of the SME's growth tend to appear as an excess of sensibility of the investment expenditures on the firm's cash flow. Through the application of dynamic panel data techniques to an extended version of Eulero's investment equation of a sample of...

Our study confirms that the financial constraints of the SME's growth tend to appear as an excess of sensibility of the investment expenditures on the firm's cash flow. Through the application of dynamic panel data techniques to an extended version of Eulero's investment equation of a sample of...

Using Local Labor Systems (LLSs) data, we assess the effect of the local productive structure on employment growth in Italy during the period 1981-2008. Italy represents an interesting case study because of the high degree of spatial heterogeneity in local labor market performances and of the...