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R&D spillovers and firms' performance in Italy Evidence from a flexible production function

In: Spatial Econometrics

Author

Listed:
  • Francesco Aiello

    (University of Calabria)

  • Paola Cardamone

    (University of Calabria)

Abstract

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.

Suggested Citation

  • Francesco Aiello & Paola Cardamone, 2009. "R&D spillovers and firms' performance in Italy Evidence from a flexible production function," Studies in Empirical Economics, in: Giuseppe Arbia & Badi H. Baltagi (ed.), Spatial Econometrics, pages 143-166, Springer.
  • Handle: RePEc:spr:stecpp:978-3-7908-2070-6_8
    DOI: 10.1007/978-3-7908-2070-6_8
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    Cited by:

    1. Myeongwan Kim, John Lester, 2019. "R&D Spillovers in Canadian Industry: Results from a New Micro Database," CSLS Research Reports 2019-02, Centre for the Study of Living Standards.
    2. Myeongwan Kim, John Lester, 2019. "R&D Spillovers in Canadian Industry: Results from a New Micro Database," CSLS Research Reports 2019-02, Centre for the Study of Living Standards.

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