An edition of Is distance dying at last? (2007)

Is distance dying at last?

falling home bias in fixed effects models of patent citations

Is distance dying at last?
Rachel Griffith, Rachel Griffi ...
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Last edited by Open Library Bot
December 3, 2010 | History
An edition of Is distance dying at last? (2007)

Is distance dying at last?

falling home bias in fixed effects models of patent citations

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.

Publish Date
Language
English
Pages
47

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Edition Availability
Cover of: Is distance dying at last?
Is distance dying at last?: falling home bias in fixed effects models of patent citations
2007, National Bureau of Economic Research
electronic resource in English
Cover of: Is distance dying at last?

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Book Details


Edition Notes

"August 2007"

Includes bibliographical references (p. 22-25).

Also available in PDF from the NBER World Wide Web site (www.nber.org).

Published in
Cambridge, Mass
Series
NBER working paper series -- no. 13338., Working paper series (National Bureau of Economic Research) -- working paper no. 13338.

The Physical Object

Pagination
47 p. :
Number of pages
47

ID Numbers

Open Library
OL17635264M
OCLC/WorldCat
173282598

Source records

Oregon Libraries MARC record

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December 3, 2010 Edited by Open Library Bot Added subjects from MARC records.
December 10, 2009 Created by WorkBot add works page