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来源类型Working Paper
规范类型报告
DOI10.3386/w29084
来源IDWorking 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
URLhttps://www.nber.org/papers/w29084
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/586758
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GB/T 7714
Xavier Giroud,Simone Lenzu,Quinn Maingi,et al. Propagation and Amplification of Local Productivity Spillovers. 2021.
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