The spillover effects of the ICT cluster support in Córdoba
David Giuliodori (),
Alessandro Maffioli (),
Alejandro Rodríguez and
Rodolfo Stucchi ()
MPRA Paper from University Library of Munich, Germany
This paper presents evidence on the spillover effect associated with the support received by firms located in a City of Argentina, between 2003 and 2007. The rationale for the cluster development program was the presence of agglomeration economies and coordination failures that generated spillovers and therefore to a suboptimal allocation of resources. We use a panel of firms in the ICT sector for the period 2003-2011 that allowed us to control for the dynamics of firms’ sales and fixed-effect applying the System GMM estimator. We find that one additional participant in the program increases the sales of non-participants in the City of Córdoba by 0.7%.
Keywords: Cluster Development Program; Information and Communication Technologies; Spillovers; System GMM. (search for similar items in EconPapers)
JEL-codes: D2 L8 O25 O29 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse and nep-ict
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