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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29084 |
来源ID | Working Paper 29084 |
Propagation and Amplification of Local Productivity Spillovers | |
Xavier Giroud; Simone Lenzu; Quinn Maingi; Holger Mueller | |
发表日期 | 2021-07-26 |
出版年 | 2021 |
语种 | 英语 |
摘要 | 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 | Econometrics ; Estimation Methods ; Microeconomics ; Mathematical Tools ; Macroeconomics ; Consumption and Investment ; Industrial Organization ; Firm Behavior ; Development and Growth ; Growth and Productivity ; Regional and Urban Economics ; Regional Economics ; Real Estate |
URL | https://www.nber.org/papers/w29084 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586758 |
推荐引用方式 GB/T 7714 | Xavier Giroud,Simone Lenzu,Quinn Maingi,et al. Propagation and Amplification of Local Productivity Spillovers. 2021. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w29084.pdf(919KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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