This paper empirically investigates the effect of the quality of regional institutions on social enterprises’ employment growth. Using an original panel dataset of social enterprises during 2011–2020, FE and GMM estimates provide three findings. First, higher institutional quality at the regional level positively affects firms’ employment. Second, the effect is heterogenous and varies across firms’ size. Third, corruption in the provision of public services significantly inhibits the “speed” of employment growth for Micro and SMEs.
Savoia, F., Bandini, F., Bolzani, D., Grassi, E. (2023). Quality of institutions and employment dynamics of social enterprises: Evidence from Italian regions. FINANCE RESEARCH LETTERS, 56, 1-8 [10.1016/j.frl.2023.104080].
Quality of institutions and employment dynamics of social enterprises: Evidence from Italian regions
Savoia, Francesco
Primo
;Bandini, Federica;Bolzani, Daniela;Grassi, Eleonora
2023
Abstract
This paper empirically investigates the effect of the quality of regional institutions on social enterprises’ employment growth. Using an original panel dataset of social enterprises during 2011–2020, FE and GMM estimates provide three findings. First, higher institutional quality at the regional level positively affects firms’ employment. Second, the effect is heterogenous and varies across firms’ size. Third, corruption in the provision of public services significantly inhibits the “speed” of employment growth for Micro and SMEs.| File | Dimensione | Formato | |
|---|---|---|---|
|
Quality+of+Institutions+and+Employment+Dynamics+of+Social+Enterprises.pdf
Open Access dal 03/06/2024
Tipo:
Postprint
Licenza:
Licenza per Accesso Aperto. Creative Commons Attribuzione - Non commerciale - Non opere derivate (CCBYNCND)
Dimensione
494.81 kB
Formato
Adobe PDF
|
494.81 kB | Adobe PDF | Visualizza/Apri |
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
