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Determinants of spatial knowledge spillovers in Italian provinces

Andrea Caragliu and Chiara Del Bo

Socio-Economic Planning Sciences, 2011, vol. 45, issue 1, 28-37

Abstract: Statistical evidence suggests that the relevance of knowledge spillovers has increased over time. In this paper we focus on regional knowledge spillovers and adopt a new econometric transformation that allows inference on potential inter-regional knowledge spillovers, accounting for spatial interdependencies. Determinants of inter-regional knowledge spillovers are explained with a sample of 103 Italian provinces. We find that a region's absorptive capacity, measured by local R&D expenditure and social capital, implies a reduction of outward knowledge spillovers. Identification is based on the use of Two Stages Least Squares and Fixed Effects estimates.

Keywords: Absorptive; capacity; Knowledge; spillovers; Total; factor; productivity; Spatial; econometrics (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (8)

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