Answers are grounded in this paper and cite their sources.
In this paper, we estimate the impact of dynamic externalities, using direct measures of total factor productivity (TFP) growth at the regional level. We find that, at the one-digit level, significant dynamic externalities exist for the finance, services, and wholesale and retail trade industries, but-contrary to the findings of most previous research-these externalities do not exist for the manufacturing industry.
No takes yet. Share an insight, caveat, or question.
Robert Dekle (2002) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: