This study develops a conceptual system optimization model of adoption of a new infrastructure technology with multiple resource sites and multiple demand sites. With the model, this paper analyzes how the adoption of a new infrastructure technology is influenced by heterogeneous distances between different resource-demand pairs, technological spillover among different resource-demand pairs, di...

the price volatility spillover effect indicates that price volatility in different markets can be mutually affected. the objective of the study is to analyze volatility price spillover effects on the vertical levels including input, wholesale and retail sale levels in the tehran beef supply chain. the multivariate generalized autoregressive conditional heteroskedastic (mvgarch) model was used b...

The main objective of this study is to analyze spillover fluctuations between inflation fluctuation and (un)employment fluctuation in relation to agriculture, industry and services sectors of Iran. In line with this, PANEL in Mean-MGARCH model has been used concerning Iran’s agriculture, industry and services sectors over the period of time from spring 2002 to winter 2016. The results show that...

Technology spillovers o¤er great opportunities for economic growth to developing countries that do little, if any, R&D activity. This paper explores the extent to which these countries bene…t from foreign technology, the di¤usion mechanisms involved, the factors that shape their absorption capabilities, and the sources of heterogeneity in the spillover gains. Results based on a non-stationary p...

This paper investigates the impact on the United Kingdom of the measurement activity that provides the basic underpinning technology, or infra-technology, for a diverse set of economic activities. Using data on R&D, patents and input–output relationships we track the nature and extent of spillover effects from measurement technology into the wider economy. The results show that measurement R&D ...

This study examines the effect of technology spillovers on firms’ cash holdings. It finds that firms facing greater technology spillovers hold higher cash balances. This effect is more pronounced among financially constrained firms and for firms that are likely to benefit more from diffused technology, e.g., those have newer patents, are more profitable, face better growth opportunities and are...