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Spatial Clustering of the U.S. Biotech Industry

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  • Sambidi, Pramod R.
  • Harrison, R. Wes

Abstract

The study develops a county-level spatial tobit model that analyzes factors affecting site-selection of the U.S. biotech industry. The hypothesis of spatial agglomeration economies is confirmed for the spatial structure of the biotech industry, indicating that biotech firms are positively correlated across counties, resulting in clustering of biotech production.

Suggested Citation

  • Sambidi, Pramod R. & Harrison, R. Wes, 2006. "Spatial Clustering of the U.S. Biotech Industry," 2006 Annual meeting, July 23-26, Long Beach, CA 21360, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea06:21360
    DOI: 10.22004/ag.econ.21360
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    References listed on IDEAS

    as
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    5. Kalaitzandonakes, Nicholas & Bjornson, Bruce, 1997. "Vertical and Horizontal Coordination in the Agro-biotechnology Industry: Evidence and Implications," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 29(1), pages 129-139, July.
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    7. Jørn Rattsø & Jon Hernes Fiva, 2005. "Decentralization with Property Taxation to Improve Incentives: Evidence from Local Governments’ Discrete Choice," Working Paper Series 5305, Department of Economics, Norwegian University of Science and Technology, revised 02 Sep 2005.
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