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Territorial Assets And Firms’ Competitiveness In Southern Europe: Industrial Vs Commercial Firms Using Exploratory Factor Analysis

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  • METAXAS, Theodore

Abstract

The article investigates the importance of territorial characteristics or assets (e.g. agglomeration economies, urban infrastructures, factors of labor and cost, development policies, qualitative factors, etc.) on industrial and commercial firms’ competitiveness in Southeastern Europe. The analysis uses primary data from 246 small and medium sized local firms located in three cities, Bari (Italy), Varna (Bulgaria) and Thessaloniki (Greece). Through the use of factor analysis the importance of particular factors for the competitiveness of firms has been analysed, coming out in valuable conclusions for firms as well as the areas where these firms are located, while awards a more general trend of the significance that these factors have for relevant firms and areas in the wider zone of Southeastern Europe.

Suggested Citation

  • METAXAS, Theodore, 2011. "Territorial Assets And Firms’ Competitiveness In Southern Europe: Industrial Vs Commercial Firms Using Exploratory Factor Analysis," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 11(1).
    • Handle: RePEc:eaa:eerese:v:11:y2011:i:1_5
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    References listed on IDEAS

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    Cited by:

    1. Perez-Suarez, M. & Belda Alvarez, J.I., 2019. "The Export Competitiveness Of Social Economy Enterprises. The Case Of Southern Spain," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 19(2), pages 57-74.
    2. BERUMEN, Sergio A. & LLAMAZARES-REDONDO, Francisco, 2014. "Economic Development and Viability Firms in European Mining Regions," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 14(1), pages 33-46.

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    More about this item

    Keywords

    Territorial assets; firms’ competitiveness; industrial and commercial; research; factor analysis; Southeastern Europe;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R5 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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