Please use this identifier to cite or link to this item: http://hdl.handle.net/2445/58893
Title: Productivity and innovation spillovers: Micro evidence from Spain
Author: Goya Carrillo, Esther
Vayá, Esther
Suriñach Caralt, Jordi
Keywords: Recerca industrial
Eficiència industrial
Propietat intel lectual
Industrial research
Industrial efficiency
Intellectual property
Issue Date: 2011
Publisher: Universitat de Barcelona. Institut de Recerca en Economia Aplicada Regional i Pública
Abstract: This article analyses the impact that innovation expenditure and intrasectoral and intersectoral externalities have on productivity in Spanish firms. While there is an extensive literature analysing the relationship between innovation and productivity, in this particular area there are far fewer studies that examine the importance of sectoral externalities, especially with the focus on Spain. One novelty of the study, which covers the industrial and service sectors, is that we also consider jointly the technology level of the sector in which the firm operates and the firm size. The database used is the Technological Innovation Panel, PITEC, which includes 12,813 firms for the year 2008 and has been little used in this type of study. The estimation method used is Iteratively Reweighted Least Squares method, IRLS, which is very useful for obtaining robust estimations in the presence of outliers. The results confirm that innovation has a positive effect on productivity, especially in high-tech and large firms. The impact of externalities is more heterogeneous because, while intrasectoral externalities have a poitive and significant effect, especially in low-tech firms independently of size, intersectoral externalities have a more ambiguous effect, being clearly significant for advanced industries in which size has a positive effect.
Note: Reproducció del document publicat a: http://www.ub.edu/irea/working_papers/2011/201126.pdf
It is part of: IREA – Working Papers, 2011, IR11/026
URI: http://hdl.handle.net/2445/58893
ISSN: 2014-1254
Appears in Collections:Documents de treball (Institut de Recerca en Economia Aplicada Regional i Pública (IREA))
Documents de treball / Informes (Econometria, Estadística i Economia Aplicada)

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