Artikel

Transient and persistent efficiency and spatial spillovers: Evidence from the Portuguese wine industry

This paper investigates the presence of spatial spillovers in firms' productive (in)efficiency. For this purpose, a spatial stochastic frontier model is specified and estimated, accounting for spatial dependence and persistent and transient (in)efficiency. This approach is applied to a panel dataset from 2014 to 2019 of Portuguese wineries. Apart from the traditional input and output quantities used in the estimation of a production function, the novelty of this study is the inclusion of information on the firms' exact location, which allows incorporating the neighboring dependence in the productive efficiency analysis. Empirical findings show that despite the Portuguese wineries' technological positive dependence on spatial closeness for both inputs and outputs, the geographic closeness is not strong enough to provide overall productive efficiency gains.

Language
Englisch

Bibliographic citation
Journal: Economies ; ISSN: 2227-7099 ; Volume: 9 ; Year: 2021 ; Issue: 3 ; Pages: 1-20 ; Basel: MDPI

Classification
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Firm Behavior: Empirical Analysis
Firm Performance: Size, Diversification, and Scope
Food; Beverages; Cosmetics; Tobacco; Wine and Spirits
Subject
location
panel data
spatial econometric analysis
transient and persistent efficiency
wineries

Event
Geistige Schöpfung
(who)
Faria, Samuel da Silva
Gouveia, Sofia
Guedes, Alexandre
Rebelo, João
Event
Veröffentlichung
(who)
MDPI
(where)
Basel
(when)
2021

DOI
doi:10.3390/economies9030116
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Faria, Samuel da Silva
  • Gouveia, Sofia
  • Guedes, Alexandre
  • Rebelo, João
  • MDPI

Time of origin

  • 2021

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