10.6084/m9.figshare.5379154.v1
Giulio Cainelli
Giulio
Cainelli
Roberto Ganau
Roberto
Ganau
Distance-based agglomeration externalities and neighbouring firms’ characteristics
Taylor & Francis Group
2017
distance-based agglomeration
neighbourhood characteristics
total factor productivity
manufacturing
Italy
C3
D24
R12
2017-09-06 07:51:05
Journal contribution
https://tandf.figshare.com/articles/journal_contribution/Distance-based_agglomeration_externalities_and_neighbouring_firms_characteristics/5379154
<p>This paper tests the hypothesis that firms with different characteristics can differ in their capability to produce local externalities by investigating the relationship between firm-specific distance-based weighted agglomeration measures and firms’ short-run productivity growth in the Italian manufacturing industry. The results suggest that positive localization economies increase with distance when neighbouring firms’ characteristics are accounted for. Diversification-type forces have negative effects on productivity growth at short distances, while there are positive effects at longer distances regardless of the weighting scheme considered. Moreover, the negative effect of inter-industry externalities seems to persist over distance when neighbouring firms’ characteristics are accounted for.</p>