Article (Scientific journals)
Measuring Technological Spillovers in a Financial Center by using Feder Model
Bourgain, Arnaud; Pieretti, Patrice
2007In Economics Bulletin, 18 (8), p. 1-19
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Keywords :
Technological Spillovers; financial cluster; Feder model
Abstract :
[en] The aim of this paper is to measure technological spillovers between banking activities and non financial activities and in particular market services related to finance. The econometric estimations are realized within a dynamic framework due to Feder (1982). For that purpose, we use data for Luxembourg. Due to its very small-size and to the importance of its international banking center, this country suits well for analyzing spatially-mediated externalities. The empirical estimations show significant technological externalities from the financial services industry to non-financial market services and in particular to Computer Activities and Business Services.
Disciplines :
Special economic topics (health, labor, transportation...)
Identifiers :
UNILU:UL-ARTICLE-2008-521
Author, co-author :
Bourgain, Arnaud ;  University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA)
Pieretti, Patrice ;  University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA)
Language :
English
Title :
Measuring Technological Spillovers in a Financial Center by using Feder Model
Publication date :
December 2007
Journal title :
Economics Bulletin
ISSN :
1545-2921
Publisher :
Economics Bulletin, Nashville, United States - Tennessee
Volume :
18
Issue :
8
Pages :
1-19
Peer reviewed :
Peer Reviewed verified by ORBi
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