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'R&D and export performance: exploring heterogeneity along the export intensity distribution'
Full text linkThis study analyses the relationship between firm-level innovative effort as measured by R&D expenditures and export intensity. We apply quantile regression techniques to a sample of Italian firms to verify whether R&D expenditures’ effect varies along the conditional distribution of export intensity, after controlling for censoring and endogeneity issues. Empirical findings suggest that the effect of R&D expenditures on export intensity is positive and that firms taking most advantage from R&D activity are in the right tail of the export intensity distribution (from the 70th quantile onwards), that is, those exporting 50% of their sales or more. Overall, the results prove robust to several specification checks and suggest not only that firms’ innovative efforts help explaining heterogeneity in export intensity performance, but also that its positive effect differs across the export to sales ratio distribution. This implies that innovation policy measures might be more effective for firms characterised by a relatively high export intensive margin
Regulation, privatization and efficiency. Evidence from the Italian motorway industry
No full textWorking Paper Dipartimento di Scienze Economiche Marco Fanno, Universita' di Padov
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Le determinanti della localizzazione delle imprese multinazionali: l’attrattività dell’Italia nel contesto europeo
No full text'R&D and export performance: exploring heterogeneity along the export intensity distribution'
No full textThis study analyses the relationship between frm-level innovative efort as measured by R&D expenditures and export intensity. We apply quantile regression techniques to a sample of Italian frms to verify whether R&D expenditures’ efect varies
along the conditional distribution of export intensity, after controlling for censoring
and endogeneity issues. Empirical fndings suggest that the efect of R&D expenditures on export intensity is positive and that frms taking most advantage from
R&D activity are in the right tail of the export intensity distribution (from the 70th
quantile onwards), that is, those exporting 50% of their sales or more. Overall, the
results prove robust to several specifcation checks and suggest not only that frms’
innovative eforts help explaining heterogeneity in export intensity performance, but
also that its positive efect difers across the export to sales ratio distribution. This
implies that innovation policy measures might be more efective for frms characterised by a relatively high export intensive margi
Le determinanti della localizzazione delle imprese multinazionali: l’attrattività dell’Italia nel contesto europeo
No full textLe determinanti della localizzazione delle imprese multinazionali: l’attrattività dell’Italia nel contesto europeo
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