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来源类型Working Paper
规范类型报告
DOI10.3386/w13338
来源IDWorking Paper 13338
Is Distance Dying at Last? Falling Home Bias in Fixed Effects Models of Patent Citations
Rachel Griffith; Sokbae Lee; John Van Reenen
发表日期2007-08-21
出版年2007
语种英语
摘要We examine the home bias of international knowledge spillovers as measured by the speed of patent citations (i.e. knowledge spreads slowly over international boundaries). We present the first compelling econometric evidence that the geographical localization of knowledge spillovers has fallen over time, as we would expect from the dramatic fall in communication and travel costs. Our proposed estimator controls for correlated fixed effects and censoring in duration models and we apply it to data on over two million citations between 1975 and 1999. Home bias declines substantially when we control for fixed effects: there is practically no home bias for the more modern sectors such as pharmaceuticals and information/communication technologies.
主题International Economics ; International Factor Mobility ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w13338
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/571008
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Rachel Griffith,Sokbae Lee,John Van Reenen. Is Distance Dying at Last? Falling Home Bias in Fixed Effects Models of Patent Citations. 2007.
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