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- W1572203616 abstract "Using national level input-output matrices, we propose a strategy to identify pecuniary externalities operating through the markets for intermediate goods at the local level. Then, controlling for common shocks in a spatial econometric framework, (i) we estimate the efiect of pecuniary externalities on productivity growth; (ii) we disentangle such efiect from the one of other local interactions (i.e. knowledge or other face-to-face spillovers) and that of local characteristics; (iii) we evaluate the scope of operating of all kind of externalities using difierent distance measures. Our estimates suggest that pecuniary externalities and other kinds of local interactions coexist, that their efiect on productivity growth is decreasing with distance and that it depends on inter-city diversity and the pattern of local specialisation." @default.
- W1572203616 created "2016-06-24" @default.
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- W1572203616 date "2006-01-01" @default.
- W1572203616 modified "2023-09-23" @default.
- W1572203616 title "Intercity Interactions : Evidence from the US ⁄" @default.
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