Civic Capital and Service Outsourcing: Evidence from Italy

Bürker, Matthias ; Mammi, Irene ; Minerva, Gaetano Alfredo (2018) Civic Capital and Service Outsourcing: Evidence from Italy. Bologna: Dipartimento di Scienze economiche, p. 41. DOI 10.6092/unibo/amsacta/6023. In: Quaderni - Working Paper DSE (1125). ISSN 2282-6483.
Full text available as:
[img]
Preview
Text(pdf)
License: Creative Commons Attribution Non-commercial

Download (893kB) | Preview

Abstract

This paper studies whether civic capital (those persistent shared beliefs and values that help a group overcome the free rider problem in the pursuit of socially valuable activities) acts an effective restraint against opportunistic behavior in transactions by looking at the firm-level degree of service outsourcing in Italy. Our results show that firms tend to outsource more services in areas where civic capital is higher. We claim that the rise in the propensity to engage in transactions with outside service suppliers stems from the decrease in opportunism between the parties involved. We consider a dynamic specification which allows to disentangle state dependence of service out- sourcing from firm-level heterogeneity, and we use historical instruments to address the potential endogeneity of civic capital.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Bürker, MatthiasBanque de France
Mammi, IreneUniversità di Venezia0000-0002-3768-1028
Minerva, Gaetano AlfredoUniversità di Bologna0000-0002-8146-1858
Keywords
Civic Capital, Purchased Service Intensity, Vertical Integration, Out-sourcing
Subjects
ISSN
2282-6483
DOI
Deposit date
08 Nov 2018 09:54
Last modified
22 May 2019 14:20
URI

Other metadata

Downloads

Downloads

Staff only: View the document

^