Title: How does heterogeneous spillover of knowledge affect economic geography? ——An extended local spillover model
Abstract: This study studies heterogeneous spillover of knowledge in a local spillover setting. We discuss how different levels of knowledge spillover affect economic geography. With the hypothesis of heterogeneous spillover of knowledge, the spillover effect still acts as a dispersion force. The structure of long-run equilibrium mostly depends on the extreme value of the knowledge spillover level among innovation branches. In the long-run equilibrium, innovation branches with a low level of knowledge spillover need more knowledge capital to avoid elimination. If the knowledge capital structures of the core area and periphery area are similar, the spillover effect will occupy the leading status. Periphery regions can break the catastrophic agglomeration through differential development. • This study studies heterogeneous spillover of knowledge in a local spillover setting. • Long-run equilibrium mostly depends on the extreme value of the knowledge spillover level. • Innovation branches with a low level of knowledge spillover need more knowledge capital to avoid elimination. • If the knowledge capital structures of the areas are similar, the spillover effect will occupy the leading status. • Periphery regions can break the catastrophic agglomeration through differential development.
Publication Year: 2022
Publication Date: 2022-10-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 2
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