Are Coworkers in the Italian Peripheral Areas Performing Better? A Counterfactual Analysis

Abstract

Coworking spaces are “serendipity accelerators” designed to host creative people and entrepreneurs. While recent literature has started exploring the indirect effects of coworking spaces on the local context, little is still known on how coworking spaces may directly affect the coworkers’ economic performance and wellbeing. Using a novel dataset based on a survey of 326 CWs working in the Italian coworking spaces in 2018, this paper explores the potential economic impact for coworkers, depending on whether a coworking space is localized in a peripheral or an urban area. Through a propensity-score matching approach, we found that being located in a peripheral area for coworkers may represent an opportunity to earn more than working in an urban center. The same holds for the organization coworkers belong to.