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  • 标题:Investment decision and the spatial dimension : Evidence from firm level data
  • 本地全文:下载
  • 作者:Luisito BERTINELLI ; Rosella NICOLINI
  • 期刊名称:Discussion Paper / Département des Sciences Économiques de l'Université Catholique de Louvain
  • 印刷版ISSN:1379-244X
  • 出版年度:2002
  • 卷号:1
  • 出版社:Université catholique de Louvain
  • 摘要:This paper proposes to investigate the effect of spillovers on location decision of firms. We develop an analysis merging the geographer toolbox with the standard econometric techniques. For a chosen sample of sectors, through the spatial data analysis, we test the existence of positive spatial autocorrelation for R&D investments that lead R&D expenditure to cluster. Moreover, we succeed in detecting how far the local environment may influence the firm decisions in R&D investments. Data confirm tha tthe proximity to other firms investing in R&D may produce positive externalities. Finally, the diversity vs. specialization debate is tackled.
  • 关键词:Local clustering;R@D investment;spatial autocorrelation
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