This paper studies the impact of municipal non-residential property taxation on firms' performance using a panel data of italian manufacturing firms in 2001-2010. In the spirit of Duranton et al. (2011), we use a pairwise spatial difference instrumental variable estimator which allows to tackle...

Several new statistical tools and analytical frameworks have been developed recently to measure countries' and sectors' involvement in global value chains. Such wealth of methodologies reflects that different empirical questions call for distinct accounting methods, along with different levels...

Several new statistical tools and analytical frameworks have been developed recently to measure countries' and sectors' involvement in global value chains. Such wealth of methodologies reflects that different empirical questions call for distinct accounting methods, along with different levels...

The classical stochastic frontier panel data models provide no mechanism for disentangling individual time-invariant unobserved heterogeneity from inefficiency. Greene (2005a, b) proposed the ‘true' fixed-effects specification, which distinguishes these two latent components while allowing for...