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Location, Internationalization and Performance of Firms in Italy: a Multilevel Approach

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Author Info
Giorgia Giovannetti () (Università degli Studi di Firenze, Dipartimento di Scienze Economiche)
Giorgio Ricchiuti () (Università degli Studi di Firenze, Dipartimento di Scienze Economiche)
Margherita Velucchi () (Università degli Studi di Firenze, Dipartimento di Statistica “G. Parenti”)

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Abstract

Competition is increasingly crossing borders. However, location still matters: the most successful competitors in an industry often cluster in the same geographic areas and companies use the advantages of location to compete at a global level. When competing across borders, firms can coordinate among different activities in a variety of ways to harness network advantages. This paper analyses how Italian firms’ performance, proxied by their propensity to export, depends both on geographical and institutional context and on individual characteristics. Using a multilevel model, we estimate and distinguish the effect of individual (firm level) and context variables (province level) on the performance of internationalized Italian firms.

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Publisher Info
Paper provided by Universita' degli Studi di Firenze, Dipartimento di Scienze Economiche in its series Working Papers Series with number wp2009_09.rdf.

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Length: 16 pages
Date of creation: 2009
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Handle: RePEc:frz:wpaper:wp2009_09.rdf

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Related research
Keywords: Exports; Multilevel Model; Heterogeneity;

Find related papers by JEL classification:
C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General
F1 - International Economics - - Trade
F2 - International Economics - - International Factor Movements and International Business
L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance

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References listed on IDEAS
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  1. Andrew B. Bernard & J. Bradford Jensen & Stephen J. Redding & Peter K. Schott, 2007. "Firms in International Trade," NBER Working Papers 13054, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  2. Maas, Cora J. M. & Hox, J.J.Joop J., 2004. "The influence of violations of assumptions on multilevel parameter estimates and their standard errors," Computational Statistics & Data Analysis, Elsevier, vol. 46(3), pages 427-440, June. [Downloadable!] (restricted)
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This page was last updated on 2009-11-18.


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