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Information Spillovers and Factor Adjustment

Author

Listed:
  • Guiso, L.
  • Schivardi, F.

Abstract

We investigate the role of information spillovers (IS) in determining firms' labor adjustments. We test the proposition that information on relevant state variables spills over through one firm's decision th those of other firms, assuming that spillovers matter only among frims that are both similar and geographically close.

Suggested Citation

  • Guiso, L. & Schivardi, F., 2000. "Information Spillovers and Factor Adjustment," Papers 368, Banca Italia - Servizio di Studi.
  • Handle: RePEc:fth:banita:368
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    Citations

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    Cited by:

    1. Leonardo Becchetti & Andrea De Panizza & Filippo Oropallo, 2007. "Role of Industrial District Externalities in Export and Value-added Performance: Evidence from the Population of Italian Firms," Regional Studies, Taylor & Francis Journals, vol. 41(5), pages 601-621.
    2. Guiso, Luigi & Schivardi, Fabiano, 2005. "Learning to be an Entrepreneur," CEPR Discussion Papers 5290, C.E.P.R. Discussion Papers.
    3. Matteo Bugamelli & Luigi Infante, 2003. "Sunk Costs of Exports," Temi di discussione (Economic working papers) 469, Bank of Italy, Economic Research and International Relations Area.
    4. Massimiliano Agovino & Agnese Rapposelli, 2015. "Agglomeration externalities and technical efficiency in Italian regions," Quality & Quantity: International Journal of Methodology, Springer, vol. 49(5), pages 1803-1822, September.
    5. Domenico J. Marchetti & francesco Nucci, 2001. "Unobserved Factor Utilization, Technology Shocks and Business Cycles," Temi di discussione (Economic working papers) 392, Bank of Italy, Economic Research and International Relations Area.
    6. Rose Cunningham, 2004. "Investment, Private Information and Social Learning: A Case Study of the Semiconductor Industry," Macroeconomics 0409021, University Library of Munich, Germany.
    7. Bun Song Lee & Soomyung Jang & Sung Hyo Hong, 2010. "Marshall’s Scale Economies and Jacobs’ Externality in Korea: the Role of Age, Size and the Legal Form of Organisation of Establishments," Urban Studies, Urban Studies Journal Limited, vol. 47(14), pages 3131-3156, December.
    8. Cingano, Federico, 2003. "Returns to specific skills in industrial districts," Labour Economics, Elsevier, vol. 10(2), pages 149-164, April.
    9. Schivardi, Fabiano, 2003. "Reallocation and learning over the business cycle," European Economic Review, Elsevier, vol. 47(1), pages 95-111, February.
    10. Giulio Bottazzi & Giovanni Dosi & Giorgio Fagiolo, 2001. "On the Ubiquitous Nature of the Agglomeration Economies and their Diverse Determinants: Some Notes," LEM Papers Series 2001/10, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.

    More about this item

    Keywords

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    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General

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