Spatial correlation and individual effects are two key sources of heterogeneity that should be handled in empirical applications investigating the productive performance of firms, especially when dealing with start-up activity. Therefore, in this work, we propose a fixed-effects spatial autoregressive stochastic frontier model for unbalanced panel data, we test the finite sample properties of our spatial estimator and we provide an empirical application on Italian innovative start-ups. The results of our analysis indicate that Italian start-ups are characterised by a significant level of global spatial dependence, especially overall and among firms belonging to the information and communication sector

Accounting for unobserved individual heterogeneity in spatial stochastic frontier models: the case of Italian innovative start-ups / Galli, Federica. - In: SPATIAL ECONOMIC ANALYSIS. - ISSN 1742-1772. - STAMPA. - xx:(In stampa/Attività in corso), pp. 1-26. [10.1080/17421772.2024.2306953]

Accounting for unobserved individual heterogeneity in spatial stochastic frontier models: the case of Italian innovative start-ups

Galli, Federica
In corso di stampa

Abstract

Spatial correlation and individual effects are two key sources of heterogeneity that should be handled in empirical applications investigating the productive performance of firms, especially when dealing with start-up activity. Therefore, in this work, we propose a fixed-effects spatial autoregressive stochastic frontier model for unbalanced panel data, we test the finite sample properties of our spatial estimator and we provide an empirical application on Italian innovative start-ups. The results of our analysis indicate that Italian start-ups are characterised by a significant level of global spatial dependence, especially overall and among firms belonging to the information and communication sector
In corso di stampa
Accounting for unobserved individual heterogeneity in spatial stochastic frontier models: the case of Italian innovative start-ups / Galli, Federica. - In: SPATIAL ECONOMIC ANALYSIS. - ISSN 1742-1772. - STAMPA. - xx:(In stampa/Attività in corso), pp. 1-26. [10.1080/17421772.2024.2306953]
Galli, Federica
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11585/969254
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