In knowledge-based economy, knowledge has a public good and non-rivalry nature. Firms build their own knowledge stock not only by means of internal R&D and collaboration with partners, but also by means of previously spilled over knowledge of other firms and public research laboratories (such as universities). Firms based on their absorptive capacity, and level of intra-industry and extra-indus...

We develop a two-region model where the decentralized provision of spillover goods can be financed by means of taxes or user fees. In order to enforce the fees regions have to invest in exclusion. We show that a decentralized solution tends to be inefficient. There will be over-investment in exclusion and an underprovision of the spillover goods compared to a centralized solution. In addition t...

This study examines the link between negative work-family spillover and metabolic risk factors over a 9-year period. Data from two waves of the Midlife in the United States Survey were used to explore relationships between negative work-family spillover and four indicators of metabolic syndrome-blood pressure, triglycerides, body mass index, and glucose levels. In a sample of full-time working ...

The pervasive role of information and communications technology (ICT) in the new economy is well documented. There is now considerable agreement among scholars regarding the ICT contribution to national productivity growth. On the other hand, the production spillover and network externality associated with ICT capital draws its contribution beyond the neoclassical baseline. Many researchers hav...

The objective of this paper is to examine the structure of technology spillover from UAV (Unmanned Air Vehicle) technology on other industries by analyzing patents. The network analysis of the USPTO (United Stated Patents and Trademark Office) patent data from 1981 to 2000 was adopted to investigate the characteristic change of the technology spillover. The results show that the influence of UA...

In this paper, we present a theory of health investment when there are multiple causes of death. We analyze the optimal investment rules and the comparative statics. In particular, we examine the conditions under which a cause-specific intervention has a spillover effect. By spillover effect, we mean a price reduction in one cause-specific health investment would increase all other investments....

return and volatility spillovers are important for portfolio selection, asset valuation and market efficiency investigation. using a var-bekk framework model, this paper investigates return and volatility spillover effects between three size-sorted equity indices in tehran stock exchange (tse). although daily return of large stocks leads small stocks (lead-lag effect), there wasn’t any spillove...

This study examines the spillover effects of foreign direct investment (FDI) on green technology progress rate (as measured by the green total factor productivity). The analysis utilizes two measures of FDI, labor-based FDI and capital-based FDI, and separately investigates four sets of industry classifications-high/low discharge regulation and high/low emission standard regulation. The results...