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Applied research on growth and innovation would seem to suggest that successful innovations do not enhance firm expansion significantly. This article tests the hypothesis that the level of observation typical of applied research hampers the identification of a significant association between...
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In this work we investigate two crucial dimensions of firms’ structure and dynamics, that is profitability and productivity performance. The empirical distributions and the associated persistence over time are explored through a set of parametric and non parametric exercises performed on an...
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A Structural Marginal Model and Inverse Probability of Treatment Weighting (IPTW) estimation strategy is proposed in a dynamic 2-dimensional treatment setting in order to identify and estimate both the direct and the indirect average treatment effects of a policy over time. This approach is used...
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