A spatial analysis of R&D: the role of industry proximity
Oliviero Carboni
Economics of Innovation and New Technology, 2013, vol. 22, issue 8, 820-839
Abstract:
This paper employs individual firm data in order to check the existence of industry-spatial effects alongside other microeconomic determinants of R&D investment. Spatial proximity is defined by a measure of firms' industry distance based on trade intensity between sectors. The spatial model specified here refers to the combined spatial-autoregressive model with autoregressive disturbances. In modelling the outcome for each location as dependent on a weighted average of the outcomes of other locations, outcomes are determined simultaneously. The results of the spatial estimation suggest that in their R&D decision firms benefit from spillovers originating from neighbouring industries.
Date: 2013
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Working Paper: A Spatial Analysis of R&D: the Role of Industry Proximity (2012) 
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Persistent link: https://EconPapers.repec.org/RePEc:taf:ecinnt:v:22:y:2013:i:8:p:820-839
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DOI: 10.1080/10438599.2013.788871
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