“An Exploration of Local R&D Spillovers in France”
This paper is an attempt to assess the existence and magnitude of local researchspillovers in France. We rely on the model of an extended production function (Cobb-Douglasand Translog) with both local and neighborhood R&D capital stocks. We estimate this modelon 312 employment areas as of 1999, first for the whole economy, then separately for fivelarge manufacturing industries. The estimated elasticities of productivity with respect to R&Dcapital are significant and plausible, both within own-area and across neighboring areas aswell as within own-industry, but they are weaker across different industries.
|Date of creation:||2008|
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