| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16388 |
| DP16388 Propagation and Amplification of Local Productivity Spillovers | |
| Xavier Giroud; Simone Lenzu; Quinn Maingi; Holger Mueller | |
| 发表日期 | 2021-07-22 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | Abstract This paper shows that local productivity spillovers propagate throughout the economy through the plant-level networks of multi-region firms. Using confidential Census plant-level data, we show that large manufacturing plant openings not only raise the productivity of local plants but also of distant plants hundreds of miles away, which belong to multi-region firms that are exposed to the local productivity spillover through one of their plants. To quantify the significance of plant-level networks for the propagation and amplification of local productivity shocks, we develop and estimate a quantitative spatial model in which plants of multi-region firms are linked through shared knowledge. Our model features heterogeneous regions, which interact through goods trade and labor markets, as well as within-location, across-plant heterogeneity in productivity, wages, and employment. Counterfactual exercises show that while knowledge sharing through plant-level networks amplifies the aggregate effects of local productivity shocks, it widens economic disparities between individual workers and regions in the economy. |
| 主题 | Financial Economics ; International Trade and Regional Economics ; Macroeconomics and Growth |
| URL | https://cepr.org/publications/dp16388 |
| 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/545350 |
| 推荐引用方式 GB/T 7714 | Xavier Giroud,Simone Lenzu,Quinn Maingi,et al. DP16388 Propagation and Amplification of Local Productivity Spillovers. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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