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.

Quality of institutions and employment dynamics of social enterprises: Evidence from Italian regions / F. Savoia, F. Bandini, D. Bolzani, E. Grassi. - In: FINANCE RESEARCH LETTERS. - ISSN 1544-6123. - 56:(2023), pp. 104080.1-104080.8. [10.1016/j.frl.2023.104080]

Quality of institutions and employment dynamics of social enterprises: Evidence from Italian regions

F. Savoia
Primo
;
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.
Corruption; Employment; Institutions; Regional development; Social economy; Social entrepreneurship
Settore SECS-P/01 - Economia Politica
Settore SECS-P/06 - Economia Applicata
2023
Article (author)
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/2434/981828
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