Firms' Productivity Growth and R&D Spillovers: An Analysis of Alternative Technological Proximity Measures

Michele Cincera ()

No 4894, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: This paper aims at assessing the impact of R&D spillovers on firms’ economic performance as measured by productivity growth. The construction of R&D spillovers is based on Jaffe’s methodology (1986, 1988), which associates econometrics and data analysis. The main objective of the paper is to extend Jaffe’s methodology by examining alternative methods for measuring R&D spillovers and to test their impacts in terms of the robustness of results. In particular, the method used to classify firms into technological clusters as well as the metrics implemented to appreciate firms’ technological proximities which enter the construction of spillovers are further investigated. In addition to R&D spillovers, firms’ own R&D capital, labour and physical capital are estimated by means of a Cobb-Douglas production function. The data set consists of a representative sample of 625 worldwide R&D-intensive firms over the period 1987-1994.

Keywords: clustering; panel data; productivity growth; R&D Spillovers (search for similar items in EconPapers)
JEL-codes: O12 O33 O47 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eff and nep-tid
Date: Written
View list of references View citations in EconPapers

Downloads: (external link)
http://www.cepr.org/pubs/dps/DP4894.asp (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Working Paper: Firms' productivity growth and R&D spillovers: an analysis of alternative technological proximity measures
Working Paper: Firms' productivity growth and R&D spillovers: an analysis of alternative technological proximity measures
Working Paper: Firms' productivity growth and R&D spillovers: an analysis of alternative technological proximity measures (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:cpr:ceprdp:4894

Ordering information: This working paper can be ordered from
http://www.cepr.org/pubs/dps/DP4894.asp

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers
Address: Centre for Economic Policy Research, 53--56 Great Sutton Street, London EC1V 0DG
Series data maintained by ().