Nadine Levratto (EconomiX, Université Paris Nanterre)

Présentation de Nadine Levratto (EconomiX, Université Paris Nanterre)

Reprise du séminaire avec une présentation en économie de l’entrepreneuriat de Nadine Levratto (EconomiX, Université Paris Nanterre)

Titre : Spatial Patterns and Determinants of firm exit: an empirical analysis on France

Résumé : The purpose of this research is to study the role of spatial context as drivers of firm exit in France over the period from 2009-2013 by focusing on two regional variables (local financial development and local specialization). The spatial autocorrelation detected in the data leads us to apply spatial econometric techniques (spatial dynamic panel data and spatial GMM) that permit us to control the estimation of spatial spillover effects. Our results show that firm exit is significantly influenced by positive spatial autocorrelation. Therefore, locations with high exit rates tend to be surrounded by similar ones. However, this phenomenon differs according to the period. In addition, we find that higher local financial development reduces the exit rate in a department, whereas local specialization seems not to exert any effect.