Civic Capital and the Vertical Integration of Service Provision: Evidence from Italy.

Abstract

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. the effect is particularly pronounced in provinces where formal contract enforcement is more difficult. Terms of use: Documents in EconStor mayTo address the issue of endogeneity we also instrument the current stock of civic capital by historical variables. We argue that the rise in the propensity to engage in transactions with outside service suppliers is evidence of a decrease in the opportunistic behavior between the parties involved in the transaction.JEL Classification: Z13, L20, A13

Local market size, social capital and outsourcing: evidence from Emilia Romagna

“…capital can be an important additional contributor to outsourcing. Burker and Minerva (2015) provide an interesting insight on the relationship between social capital and the propensity of Italian firms to contract out their business service activities. According to these authors, plants located in provinces with higher levels of social capital tend to purchase more services than plants located elsewhere, and this is particularly evident for small firms.…”