Technological Catch-Up And Geographic Proximity
AbstractThis paper examines productivity catch-up as a source of establishment productivity growth. We present evidence that, other things equal, establishments further behind the industry frontier experience faster rates of productivity growth. Geographic proximity to frontier firms makes catch-up faster. Our econometric specification implies a long-run relationship between productivity levels, where nonfrontier establishments lie a steady-state distance behind the frontier such that their rate of productivity growth including catch-up equals productivity growth at the frontier. We use our econometric estimates to quantify the implied contribution to productivity growth of catch-up to both the national and regional productivity frontiers. Copyright (c) 2009, Wiley Periodicals, Inc.
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Journal of Regional Science.
Volume (Year): 49 (2009)
Issue (Month): 4 ()
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0022-4146
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- Ioannis Bournakis & Sushanta Mallick & David Kernohan & Dimitris A.Tsouknidis, 2013. "Measuring Firm-Level Productivity Convergence in the UK: The Role of Taxation and R&D Investment," Working Papers 45, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
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"Corporate Taxation and Productivity Catch-Up: Evidence from European firms,"
Working Paper Series
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