Total factor productivity effects of interregional knowledge spillovers in manufacturing industries across Europe
Thomas Scherngell (),
Manfred Fischer and
Additional contact information
Martin Reismann: Vienna University of Economics and Business Administration
Romanian Journal of Regional Science, 2007, vol. 1, issue 1, 1-16
The objective of this study is to identify knowledge spillovers that spread across regions in Europe and vary in magnitude for different industries. The study uses a panel of 203 NUTS-2 regions covering the 15 pre-2004 EU-member-states to estimate the impact over the period 1998-2003, and distinguish between five major industries. The study implements a fixed effects panel data regression model with spatial autocorrelation to estimate effects using patent applications as a measure of R&D output to capture the contribution of R&D (direct and spilled-over) to regional productivity at the industry level. The results suggest that interregional knowledge spillovers and their productivity effects are to a substantial degree geographically localised and this finding is consistent with the localisation hypothesis of knowledge spillovers. There is a substantial amount of heterogeneity across industries with evidence that two industries (electronics, and chemical industries) produce interregional knowledge spillovers that have positive and highly significant productivity effects. The study, moreover, confirms the importance of spatial autoregressive disturbance in the fixed effects model for measuring the TFP impact of interregional knowledge spillovers at the industry level.
Keywords: Total factor productivity; manufacturing industries; knowledge spillovers; patents; European regions; spatial econometrics (search for similar items in EconPapers)
JEL-codes: C21 O33 O47 O52 R11 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:rrs:journl:v:1:y:2007:i:1:p:1-16
Access Statistics for this article
More articles in Romanian Journal of Regional Science from Romanian Regional Science Association
Bibliographic data for series maintained by Bogdan-Vasile Ileanu ().