Firm Growth and the Spatial Impact of Geolocated External Factors

Matthias Duschl, Schimke Antje (), Thomas Brenner () and Luxen Dennis ()
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Schimke Antje: Kaiserallee 15, 76185 Karlsruhe
Luxen Dennis: Karlsruhe Institute of Technology, Department of Informatics, Institute of Theoretical Informatics, Am Fasanengarten 5, 76131 Karlsruhe, Germany

Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2014, vol. 234, issue 2-3, 234-256

Abstract: This paper studies the relationship between firm growth and external factors. Externalities from related economic, public research and higher educational activities are traced back to specific locations in space. The spatial characteristics of their impact are examined within a distancebased, micro-founded approach. Applying quantile regression techniques on a large sample of German firms, we empirically disentangle the complex interplay between internal factors (firm size), external factors and their spatial extent. In particular, we find that the larger firms are, the more diverse are the activities they benefit from and that the geographical meaning of “nearby” depends on the kind of activity.

Keywords: Firm growth; external factors; distances; quantile regression; relatedness; universities; public research; graduates (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:jns:jbstat:v:234:y:2014:i:2-3:p:234-256

DOI: 10.1515/jbnst-2014-2-308

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