1. The value of international outsourcing: a study on Veneto clothing industry Carlo Gianelle, University of Siena, Doctoral School Giuseppe Tattara, University of Venice, Dept. of Economics October 2007

4. Veneto: apparel and footwear 0 10000 20000 30000 40000 50000 60000 70000 80000 90000 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 Number of employees Artisan firms Big firms not-artisan TOT

10. The estimates (1) 4 3 2 1 0 .1765** (0.0775) 0.1629*** (0.0447) Average impact 0.2632 0.2644 0.5052 0.5036 R-sq within 1094 1094 1136 1136 n. of observations Yes Yes Yes Yes Firm’s effects Yes Yes Yes Yes Year dummies Yes Yes Yes Yes Time trend 0 .0191*** (0.0039) 0 .0194*** (0.0038) 0.0193*** (0.0024) 0.0190*** (0.0024) Sector orders 0 .0044 (0.0261) -0.0351** (0.0143) Growth imp. quota 0 .2111 (0.1289) 0.3499*** (0.0799) Average imp. quota 0.0007 (0.0164) -0.0272*** (0.0102) Growth impact logEBITDA logTurn

12. The estimates (2) 0 .0753*** (0.0292) -0.0232 (0.0164) Growth imp. quota + fragm. -0.4242** (0.2106) 0.0419 (0.1038) Average imp. quota + fragm. -0.0188 (0.0193) 0 .0250** (0 .0114 ) Growth impact - fragm. 0 .2934*** (0.0872) 0 .2227*** (0 .0514 ) Average impact - fragm. 4 3 2 1 -0.1792 (0.1319) -0.0515 (0 .0639 ) Average impact + fragm. 0.2632 0.2644 0.5096 0.5097 R-sq within -0.0291 (0.0320) -0.0274* (0.0162) Growth imp. quota - fragm. 0 .4750*** (0.1515) 0.4521*** (0.0994) Average imp. quota - fragm. 0 .0417** (0.0179) -0 .0214* (0 .0109 ) Growth impact + fragm. logEBITDA logTurn