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Clustered firms and solvency in the Spanish ceramics industry

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TABLE I.   E UROPEAN  U NION  F IRM   C RITERIA FOR CLASSIFYING FIRMS  BY SIZE n: Employees  (**)  V: Turnover  (million euros)  (*)  B: General  balance (million euros) (*)   Small-sized  enterprises  50 >n >=10  10 >= V >2  10 >= B >2
TABLE V.  S OLVENCY LEVEL :  CLUSTERED FIRMS VS .  NON - CLUSTERED  FIRMS  A NALYSIS BY FIRM SIZE  P ERIOD  2009  AND  2010 ( ECONOMIC CYCLE :

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