Akademik Veri Yönetim Sistemi
11th Annual Conference of the EuroMed-Academy-of-Business - Research Advancements in National and Global Business Theory and Practice, Valletta, Malta, 12 - 14 Eylül 2018, ss.465-490, (Tam Metin Bildiri)
In this paper we explore how firms' productivity is affected by spatial features such as agglomeration of firms, clustering of innovation and localisation of FDI in Turkey. We also control for the impact of firm characteristics on firm productivity (specifically the role of size, ownership and firm innovation). The firm's absorptive capacity is taken into account by interacting the main variables of agglomeration and innovation at region-sector level with size and technology level of the firm. We use an unbalanced panel for 2006-2013 based on national data at firm level. Our analysis builds upon similar specifications of panel estimates for output by GMM system methodology to address simultaneity and endogeneity between agglomeration and productivity. Overall, the estimation results suggest some robust findings: there are significant productivity enhancing agglomeration effects, in particular there are significant spillovers between firms operating in the same sector and region, spillovers from innovation at local level are also strong, and a higher output of foreign firms produce positive spillovers on productivity in the province. However, spillovers are specific to technologically more sophisticated firms.