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Empirical Economics | DeepDyve

Empirical Economics

Subject:: Economics and Econometrics
Publisher:: Springer-Verlag — Springer Journals
ISSN:: 0377-7332
Scimago Journal Rank:: 60

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journal article

LitStream Collection

R&D spillovers and firms’ performance in Italy

Aiello, Francesco; Cardamone, Paola

2008 Empirical Economics

doi: 10.1007/s00181-007-0174-xpmid: N/A

Using a translog production function we estimate the impact of R&D spillovers on the output performance of Italian manufacturing firms over the period 1998-2003. Technological flows are measured through an asymmetric similarity index that takes also into account the geographical proximity of firms. Results show that R&D spillovers positively affect firms production and that geography matters in determining the role of the external technology. Moreover, we find that the effect of R&D spillovers is high in the Centre-South of Italy and that the stock of R&D spillovers is Morishima complement to the stock of R&D own-capital.

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Quarterly Journal of Economics Econometrica Journal of Economic Perspectives Journal of Political Economy Economic Journal Journal of Economic Literature Review of Economic Studies Industrial and Corporate Change RAND Journal of Economics Journal of Economic Theory

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