Basile, Roberto; De Nardis, Sergio; Pappalardo, Carmine - 2012
This study represents a first attempt to empirically analyze the role of firm heterogeneity in regional business cycle … sizable asymmetries in Northern and Southern firms business cycles positively related to the intensity of the national cycle … business cycle expansion and viceversa. Then, we explore the role of sectoral mix and several firm-specific factors (firm size …