Spillovers and growth in a local interaction model
In this paper we aim at studying to what extent spillovers between firms may foster economic growth. The attention is addressed to the spillovers connected with the R&D activity that improves the quality of the goods firms supply. Our model develops a growth theory framework and we assume that firms spread around a circle. Our study assesses that spillovers between neighbors affect the probability of successful research for each of them. In particular, spillovers are the forces fuelling growth when, on the whole, firms turn out to be net receivers with respect to their neighbors.
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| Length: | 23 |
| Date of creation: | 28 May 2003 |
| Date of revision: | |
| Handle: | RePEc:aub:autbar:574.03 |
| Contact details of provider: | Postal: Phone: 34 93 592 1203 Fax: +34 93 542-1223 Web page: http://pareto.uab.catEmail: More information through EDIRC
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