Theaimofthispaperistoinvestigatetheextenttowhichtheenvironmen- tal technological spillover effects on firms’ productivity are affected by the spatial dimension. To this end, we introduce a spatial Durbin model with additional endoge- nous variables for the energy production efficiency activity of large R&D-intensive firms located in three economic areas: the USA, Japan and Europe. To identify the technological proximity between the firms, we construct an original Mahalanobis envi- ronmental industry weight matrix, based on the construction of technological vectors for each firm, with European environmental patents distributed across more technol- ogy classes. The findings show a statistically negative impact of spatially distributed environmental spillovers on firms’ productivity in all the economic areas.
An Assessment of energy production efficiency activity: a spatial analysis
Aldieri, Luigi;Vinci, Concetto Paolo
2017-01-01
Abstract
Theaimofthispaperistoinvestigatetheextenttowhichtheenvironmen- tal technological spillover effects on firms’ productivity are affected by the spatial dimension. To this end, we introduce a spatial Durbin model with additional endoge- nous variables for the energy production efficiency activity of large R&D-intensive firms located in three economic areas: the USA, Japan and Europe. To identify the technological proximity between the firms, we construct an original Mahalanobis envi- ronmental industry weight matrix, based on the construction of technological vectors for each firm, with European environmental patents distributed across more technol- ogy classes. The findings show a statistically negative impact of spatially distributed environmental spillovers on firms’ productivity in all the economic areas.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
