A Spatial Analysis of the R&D‐Productivity Nexus at Firm Level | Zendy

Cardamone Paola | Zendy

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A Spatial Analysis of the R&D‐Productivity Nexus at Firm Level

Author(s) -

Cardamone Paola

Publication year - 2017

Publication title -

growth and change

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.657

H-Index - 55

eISSN - 1468-2257

pISSN - 0017-4815

DOI - 10.1111/grow.12169

Subject(s) - productivity , nexus (standard) , sample (material) , economics , economic geography , econometrics , industrial organization , macroeconomics , engineering , embedded system , chemistry , chromatography

The aim of this paper is to evaluate the effect of research and development (R&D) on productivity by taking into account productivity spillovers. To this end, by using a sample of Italian manufacturing firms over the period 2004–2006 provided by the Xth UniCredit‐Capitalia survey (2008), we have analyzed the role of R&D in firm productivity by using a spatial autoregressive model. In so doing, we have allowed the productivity of each firm to be affected by the productivity of nearby firms. Results show that R&D significantly affects Italian firm productivity and that productivity spillovers across firms matter. Moreover, productivity is found to be positively affected by intrasectoral R&D spillovers, while intersectoral R&D spillovers do not have a significant effect.

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