As information technology and globalization expand the horizons of economic agents’ production possibilities and decisions, interconnections between productive entities are likely not only expanding but having increasing impacts on production and productivity. Such spillovers may derive from various types of linkages, including those associated with time, space, and industry or sector. Producti...

The nature of spatial spillovers in the adoption of irrigation technology is examined in this paper. Adopting a new technology is a decision that is based on economic and individual-specific factors. One of these individual factors might be communication with other users. It makes sense to expect that contact between users and non-users would follow a spatial pattern, and if knowledge spillover...

Direct versus Indirect International R&D Spillovers Gwanghoon Lee Chung-Ang University ABSTRACT Using a newly constructed panel dataset and up-to-date econometric approaches, this paper shows that consideration of the role of direct knowledge spillovers through telecommunications networks is crucial in empirical studies of international R&D spillovers. The paper uses data on line penetration ra...

In this paper, I provide new estimates of the relative impact of intranational and international knowledge spillovers on innovation and productivity at the firm level, using previously unexploited panel data from the U.S. and Japan. My estimates suggest that knowledge spillovers are primarily intranational in scope, providing empirical confirmation of an important assumption in much of the theo...

The paper starts by discussing and modelling the potential of FDI to affect host country economic growth. The paper argues that out of two primary channels for FDI effects on economic growth, inflows of physical capital and technology spillovers respectively, it is technology spillovers that have the strongest potential to enhance economic growth in the host country. Using panel data analysis t...

Large-scale agricultural land acquisitions might entail substantial welfare implications for the affected rural population. Whether the impacts are indeed as devastating as the popular notion of “land grabs” would suggest depends on a number of factors, including the size of compensation payments, productivity spillovers on smallholders, employment opportunities for displaced farmers, and chang...

The literature largely recognizes a role for peer achievement spillovers in educational production, though the theory behind this is not always clear. I compare two theories for why peer achievement may affect an individual’s achievement, as a proxy for unobserved peer ability or effort. While the literature does not tend to distinguish between these mechanisms, I show that the implications for...

This paper analyses the nature of knowledge spillovers from research and development in the field of liquid crystal display technology as evidenced in citations of US patents filed during the twenty year period 1976–1995. By considering the role of inventors' mobility in facilitating the flow of ideas across space and innovating organizations, the paper adds a new dimension to the existing lite...

The long-standing argument that focused operations outperform others stands in contrast to theory and evidence supporting a broader scope for organizations. The literature on related diversification at the level of the firm provides some reconciliation of these conflicting observations by suggesting that multi-unit firms with a portfolio of related businesses outperform both single-unit firms a...

This paper analyzes endogenous efficiency gains from mergers. It considers oligopolistic homogeneous good markets and duopolistic and triopolistic markets under product differentiation (quantity and price competition). In a two-stage game, firms invest in cost-reducing innovation (with and without mergers) and then compete in output/prices. It is found that in homogeneous good markets, all poss...