Full Citation

Title: The role of interregional and inter-sectoral knowledge spillovers on regional knowledge creation across US metropolitan counties

Citation Type: Working Paper

Publication Year: 2021

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Abstract: Knowledge accumulation and its spillovers are important determinants of the regional economic growth process in the U.S. As such, this paper relies on a regional knowledge production function to examine the heterogeneous determinants of knowledge creation across 5 U.S. manufacturing sectors and 853 metropolitan counties. Using a Tobit model with State fixed effects, our results indicate that local intra-sectoral and inter-sectoral R&D investments by the private sector as well as university R&D play a key role in knowledge creation across all sectors under study. We also find that the role of short-distance vs. long-distance interregional spillovers on knowledge creation varies greatly across sectors. These key features improve the design of future local and national innovation policies.

Url: https://create.ace.illinois.edu/files/2021/07/CREATE-DP2.pdf

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Authors: Kekezi, Orsa; Dall'erba, Sandy; Kang, Dongwoo

Series Title: Create Dsicussion Paper

Publication Number: 2-21

Institution: Center for Climate, Regional, Environmental and Trade Economics

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Publisher Location: Urbana

Data Collections: IPUMS USA

Topics: Population Mobility and Spatial Demography

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