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Spillovers in space : does geography matter?

Author: Sergey Lychagin; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, ©2010.
Series: Working paper series (National Bureau of Economic Research), no. 16188.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
We simultaneously assess the contributions to productivity of three sources of research and development spillovers: geographic, technology and product-market proximity. To do this, we construct a new measure of geographic proximity that is based on the distribution of a firm's inventor locations rather than its headquarters, and we report both parametric and semiparametric estimates of our geographic- distance  Read more...
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Additional Physical Format: Print version:
Spillovers in space.
Cambridge, Mass. : National Bureau of Economic Research, ©2010
(DLC) 2010656198
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Sergey Lychagin; National Bureau of Economic Research.
OCLC Number: 648733074
Description: 1 online resource (37 pages) : illustrations.
Series Title: Working paper series (National Bureau of Economic Research), no. 16188.
Responsibility: Sergey Lychagin [and others].

Abstract:

We simultaneously assess the contributions to productivity of three sources of research and development spillovers: geographic, technology and product-market proximity. To do this, we construct a new measure of geographic proximity that is based on the distribution of a firm's inventor locations rather than its headquarters, and we report both parametric and semiparametric estimates of our geographic- distance functions. We find that: i) Geographic space matters even after conditioning on horizontal and technological spillovers; ii) Technological proximity matters; iii) Product-market proximity is less important; iv) Locations of researchers are more important than headquarters but both have explanatory power; and v) Geographic markets are very local.

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