Browsing by Author "Quatraro, Francesco"

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    Green investments, training costs and performance-related pay: Are small and medium-large firms different?
    (Inapp, 2024-07-24) Damiani, Mirella; Pompei, Fabrizio; Quatraro, Francesco; Ricci, Andrea
    This paper analyzes the effect of green investment on workplace training and performance-related pay in small businesses. At this aim, we take advantage of microdata from a large representative survey of Italian firms. Using different econometrics models, we find the following results. First, the amount of expenditures on green technologies increases the probability of Performance-related pay especially in firms with more than 50 employees, even though a positive effect is also found in small firms. Conversely, green expenditures significantly increase the amount of training investment in small firms, while no effect is found in larger ones. Further, we show that different green technologies influence performance-related pay and training investments according to the firm size. These findings are robust to unobserved heterogeneity and endogeneity concerns. Finally, we discuss policy implications.
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    Heterogeneity of green expenditure, firms’ performances and wages: Italian evidence on circular economy, resource-saving and energy efficiency investments
    (2023-12-30) Quatraro, Francesco; Ricci, Andrea
    Questo articolo analizza la relazione che lega gli investimenti in tecnologie green, la performance competitiva e i salari pagati dalle imprese. A tal fine si utilizzano i dati concernenti l’adozione di diverse tecnologie verdi (economia circolare, progressi tecnici, risparmio energetico, incrementi di efficienza) adottate da un campione rappresentativo di imprese italiane. L’analisi econometrica permette di illustrare i seguenti risultati. Primo, gli investimenti verdi sono associati ad un incremento significativo della redditività (ricavi per addetto) e dei salari medi. Secondo, le analisi illustrano una significativa eterogeneità tra tecnologie della transizione per quanto concerne i loro effetti sulla performance competitiva. Tali risultati supportano quindi l’ipotesi che la trasformazione ecologica in atto può effettivamente favorire la competitività del sistema imprenditoriale, sebbene questa relazione positiva dipenda dal tipo di tecnologie adottate. Infine, sono discusse le implicazioni di politica economica.
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    Technological externalities and wages: new evidence from Italian provinces
    (2022-03-31) Dughera, Stefano; Quatraro, Francesco; Ricci, Andrea; Vittori, Claudia
    In this paper, we investigate the relationship between local wages and the internal structure of the regional knowledge base. The purpose is to assess if the workers’ compensations are related to the peculiarities of the technological space where they supply their labor services. To test this hypothesis, we apply the concepts of related and unrelated variety to the firms’ patenting activity as to assess if wages grow more in a framework of ‘knowledge deepening’ (generated by firms innovating in related technological domains) or in one of ‘knowledge widening’ (generated by firms innovating in unrelated technological domains).