Effects of dynamic and spatial externalities on local growth: Evidence from Brazil

被引：5
|
作者：
de Araujo, Inacio Fernandes [1 ]
Goncalves, Eduardo [1 ]
Almeida, Eduardo [1 ]
机构：
[1] Univ Fed Juiz de Fora, Dept Econ, Juiz De Fora, MG, Brazil
来源：
PAPERS IN REGIONAL SCIENCE | 2019年 / 98卷 / 02期
关键词：
agglomeration economies; Brazil; economic externalities; spatial dynamic panel; wages; PANEL-DATA; EMPLOYMENT GROWTH; AGGLOMERATION; PRODUCTIVITY; MODELS; GMM;
D O I：
10.1111/pirs.12402
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper analyses the impact of economic externalities on the local growth emphasizing the industrial, geographic, and temporal scope of agglomeration economies. Thus, we estimated a spatial dynamic panel model using GMM associated with the use of data at different levels of sectoral aggregation. Estimation takes into account the endogeneity of agglomeration economies. Our database consists of 558 Brazilian regions for 1995-2015. The main results suggest that while externalities act in a local dimension they also have a regional scale. These externalities are determined by their temporal trajectory. The effects of agglomeration economies on local growth are sensitive to the choice of sectoral aggregation. Local growth exhibits positive specialization effects and negative diversity effects. However, greater industrial diversity of neighbouring regions has a positive impact on local growth.
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页码：1239 / +
页数：22
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