Local Productivity Spillovers

• 成果类型: Article
• 署名作者: Baum-Snow, Nathaniel; Gendron-Carrier, Nicolas; Pavan, Ronni
• 署名单位: University of Toronto; McGill University; University of Rochester
• 刊物名称: AMERICAN ECONOMIC REVIEW
• ISSN/ISSBN: 0002-8282
• DOI: 10.1257/aer.20211589
• 发表日期: 2024
• 页码: 1030-1069
• 关键词: agglomeration; identification; geography; FIRMS

摘要

Using Canadian administrative data, this paper presents evidence of revenue and productivity spillovers across firms at fine spatial scales. Accounting for the endogenous sorting of firms across space, we estimate an average elasticity of firm revenue and productivity with respect to the average quality of other firms within 75 meters of 0.024. We find scant evidence that the average firm benefits from being surrounded by a greater amount of economic activity at this spatial scale. Sorting of higher -quality firms into more productive locations and higher average and aggregate quality peer groups is salient in the data. (JEL D22, D24, G32, L25, R11, R32)