G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5730
DP5730 Trade Integration, Firm Selection and the Costs of Non-Europe
Gianmarco Ottaviano; Giordano Mion; Massimo Del Gatto
发表日期2006-06-20
出版年2006
语种英语
摘要We study the location-specific component in research productivity of economics and finance faculty who have ever been affiliated with the top 25 universities in the last three decades. We find that there was a positive effect of being affiliated with an elite university in the 1970s; this effect weakened in the 1980s and disappeared in the 1990s. We decompose this university fixed effect and find that its decline is due to the reduced importance of physical access to productive research colleagues. We also find that salaries increased the most where the estimated externality dropped the most, consistent with the hypothesis that the de-localization of this externality makes it more difficult for universities to appropriate any rent. Our results shed some light on the potential effects of the internet revolution on knowledge-based industries.
主题Financial Economics ; Industrial Organization ; Labour Economics
关键词Faculty productivity Firm boundaries Knowledge-based industries Theory of the firm
URLhttps://cepr.org/publications/dp5730
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/534561
推荐引用方式
GB/T 7714
Gianmarco Ottaviano,Giordano Mion,Massimo Del Gatto. DP5730 Trade Integration, Firm Selection and the Costs of Non-Europe. 2006.
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