In this paper, we adapt multilevel analysis methods to investigatethe spatial variability of SMEs productivity across the Italian territory,and account for differences in the socio-economic context. Our resultssuggest that to properly capture the variability of the data, it is importantto allow for both spatial mean and slope effects. Social decay hasthe expected negative impact. However, while this effect is larger onfirms with smaller capital intensity, firms with higher capital intensityseem to be less affected by geography. Greater territorial heterogeneityemerges among those firms with lower capital to labour ratios.
|Stato di pubblicazione||Published - 2009|