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Labor Market Spillovers of a Large Plan Opening. Evidence from the Oil Industry
Matteo Alpino
Irene Di Marzio
Maurizio Lozzi
Vincenzo Mariani
出版
SSRN
, 2023
URL
http://books.google.com.hk/books?id=r3T2zwEACAAJ&hl=&source=gbs_api
註釋
We study the labor market spillovers of the opening of a large oil extracting facility in a peripheral area of the South of Italy, focusing on the time when the physical investment was made, before production took off and royalties started flowing in. Using firm-level administrative data covering the universe of non-farm businesses in a difference-in-differences design, we find large positive effects on firm-level employment and positive, albeit smaller, effects on wages per employee. Within-firm employment gains are geographically localized and are concentrated in the upstream sector (not only in manufacturing) and among the largest firms; however the number of firms declines. Aggregate results obtained using census data show that the overall employment effect in the area is slightly positive.
