The aim of this paper is to test how geographical and technological proximity relate to a particular industry’s innovative output. Two mechanisms are therefore tested, i.e. agglomeration economies and the regional exploitation of technological proximity. A new dataset is applied, which...

A growing body of work emphasizes the role that the spatial component plays in the in the innovationprocess. These perspectives brought the region’s infrastructure and its endowment withcrucial factors into the focus of research. Given that these factors do significantly influence...

Serial correlation in annual growth rates carries a lot of information on growth processes it allows us to directly observe firm performance as well as to test theories. Using a 7-year balanced panel of 10 000 French manufacturing firms, we observe that small firms typically are subject to...

Serial correlation in annual growth rates carries a lot of information on growth processes it allows us to directly observe firm performance as well as to test theories. Using a 7-year balanced panel of 10 000 French manufacturing firms, we observe that small firms typically are subject to...

This paper presents a multidimensional empirical analysis of firm growth. Exploiting census data on Italian manufacturing firms, 1989-1997, we estimate a reduced-form VAR to analyze the co-evolution of employment growth, sales growth, growth of profits and labour productivity growth. Our main...