â â â â â â â â â â â â â â â  â  abstract â  the effect of technology spillovers is widely considered as one of the main channels through which domestic firms benefit from fdi, and plays an important role in economic development of host countries. based on the analysis framework for technology spillovers established by borensztein et al. (1998), this paper will analyse and try to figure out th...

The model presented addresses issues that have recently been discussed under the term ‘financial contagion’. I analyze a situation where the fractions of repaid loans (i.e., the returns on lending) in two domains (e.g., industries or countries) are driven by two independent factors, one specific to the domain and the other a general factor. The fact that these different factors are unobserved g...

This paper aims to shed some light on the influence of geographical proximity on both intraand inter-industry spillovers by elaborating on the geographical dimension of both localised spillovers and inter-firm knowledge flows. By means of a unique longitudinal micro-database with information on all plants and employees in Sweden, both plantspecific agglomeration measurements and labour markets ...

Knowledge spillovers have been used to explain the increased rate of innovation that is found in technological clusters. The last two decades have seen an increasing interest by researchers trying to capture and measure the effects of these spillovers. However, very little is known about the mechanisms of knowledge exchange that take place in clusters. In this paper we draw on the current body ...

Knowledge spillovers are a central part of knowledge accumulation. The open source model is a form of software development with source code that is typically made available to all interested parties. At the core of this process is a decentralized production process. Using data from Sourceforge.net, the largest repository of Open Source Software (OSS) projects and contributors on the Internet, w...

This paper identifies the main sources of urban increasing returns, after Marshall. The geographical distance across which externalities flow is also examined. We bring to bear on these questions plant-level data organized in the form of a panel across the years 1989 and 1999. Plant-level production functions are estimated across the Canadian manufacturing sector as a whole and for five broad i...

Using a data set on 29 Chinese provinces for the period 1985-2008, this paper establishes a threshold model to analyse the relationship between spillover effects of foreign direct investment (FDI) and regional innovation in China. There is clear evidence of doublethreshold effects of regional innovation on productivity spillovers from FDI. Specifically, only when the level of regional innovatio...

Most empirical studies on the Spanish wage curve have ignored the possible spatial interaction effects between the regions. This paper reconsiders the Spanish wage curve using more recent data than previous studies and taking into account the role of regional spillovers. From a methodological perspective, we apply the two-step procedure proposed by Bell et al (2000) to estimate a dynamic wage c...

In this paper we examine the role played by different type of spillovers in network formation. More precisely, we study non-cooperative network formation in directed networks where the payoff of a player depends on the number of links she forms as well as, either on the total number of links formed by all other players, or the total number of links formed by her immediate neighbors. The first t...