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dc.creatorZouaghi, Ferdaouses_ES
dc.creatorSánchez García, Mercedeses_ES
dc.creatorHirsch, Stefanes_ES
dc.date.accessioned2018-10-02T07:57:58Z
dc.date.available2018-10-02T07:57:58Z
dc.date.issued2017
dc.identifier.issn1695-971X (Print)
dc.identifier.issn2171-9292 (Electronic)
dc.identifier.urihttps://hdl.handle.net/2454/30878
dc.description.abstractStrategic management research has demonstrated the importance of firm- and industry structure as drivers of firm profitability. However, less is known about how firms´ geographical locations affect profitability. Applying a multi-level approach of hierarchical linear modeling we estimated firm-, industry-, and region-specific effects on profitability of 3,273 agri-food firms operating in different Spanish districts over the time span 2006-2013. The results reveal the dominance of firm-specific effects which contribute up to 48.8% to variance in firm profitability while the contribution of industry effects (0.8-4.2%), geographical location (0.1-1.8%), and year effects (0.1-2.5%) is rather small. Moreover, firm size, risk, and innovative activity turn out as significant profit drivers at the firm level. Although firm-effects outweigh industry- and region-specific factors, the results indicate that industry concentration as well as regional education and unemployment influence profitability. In addition, proximity to technological institutes as well as the degree of urbanization of the region in which a firm operates can be drivers of profitability. Hence, despite the superiority of firm effects the results indicate that agri-food managers should also consider possible advantages from location-based resources in order to ensure competitiveness.en
dc.description.sponsorshipFEDER (AGL2015-65897-C03-1)en
dc.format.extent15 p.
dc.format.mimetypeapplication/pdfen
dc.language.isoengen
dc.publisherInstituto Nacional de Investigacion y Tecnologia Agraria y Alimentaria (INIA)es_ES
dc.relation.ispartofSpanish Journal of Agricultural Research, 15 (3), e0117, 15 pages (2017)en
dc.rights© 2017 INIA. This is an open access article distributed under the terms of the Creative Commons Attribution (CC-by) Spain 3.0 License.en
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/es/deed.es
dc.subjectAgri-food profitsen
dc.subjectFirm-, industry-, and location effectsen
dc.subjectHierarchical linear modelen
dc.titleWhat drives firm profitability? A multilevel approach to the Spanish agri-food sectoren
dc.typeinfo:eu-repo/semantics/articleen
dc.typeArtículo / Artikuluaes
dc.contributor.departmentUniversidad Pública de Navarra / Nafarroako Unibertsitate Publikoa. Inarbe - Institute for Advanced Research in Business and Economicses_ES
dc.contributor.departmentUniversidad Pública de Navarra. Departamento de Gestión de Empresases_ES
dc.contributor.departmentNafarroako Unibertsitate Publikoa. Enpresen Kudeaketa Sailaeu
dc.rights.accessRightsinfo:eu-repo/semantics/openAccessen
dc.rights.accessRightsAcceso abierto / Sarbide irekiaes
dc.identifier.doi10.5424/sjar/2017153-10713
dc.relation.projectIDinfo:eu-repo/grantAgreement/ES/1PE/AGL2015-65897en
dc.relation.publisherversionhttps://doi.org/10.5424/sjar/2017153-10713
dc.type.versioninfo:eu-repo/semantics/publishedVersionen
dc.type.versionVersión publicada / Argitaratu den bertsioaes


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© 2017 INIA. This is an open access article distributed under the terms of the Creative Commons Attribution (CC-by) Spain 3.0 License.
Except where otherwise noted, this item's license is described as © 2017 INIA. This is an open access article distributed under the terms of the Creative Commons Attribution (CC-by) Spain 3.0 License.