Adelheid Holl

CSIC (Spanish National Research Council)
Institute of Public Goods and Policies (IPP)

c/Albasanz 26-28
Madrid, Spain
28037
adelheid.holl@gmail.com |  Visit Personal Website


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My research is primarily at the intersection of applied micro-economic analysis and economic geography and concentrates on the performance, location and spatial organization of firms in the following fields: - R&D, innovation, and technology adoption in geographic space - Spatial dimensions of outsourcing - Transport infrastructure and accessibility in the spatial economy

Citation:
Holl, Adelheid and Ruth Rama. 2017 “Persistence of innovative activities in times of crisis: the case of the Basque Country” European Planning Studies, 24 (10): 1863-1883.
Abstract: By drawing on a large sample of Spanish manufacturing and service sector firms, the changes in firms’ innovation expenditures that have taken place since the onset of the 2008 economic crisis are analysed, as is the relationship between such changes and the location of the company. Special focus is placed on firms in the Basque Country. Compared to other Spanish regions, the Basque Country differs in terms of its fiscal status, its earlier experience of crises, its innovation performance and its greater focus on innovation-related policies. Our results show that the impact of the crisis on firms’ innovation expenditures in the Basque Country has indeed differed from that in comparable Spanish regions. Even after controlling for sectoral differences and for detailed characteristics at the firm level, firms with R&D employment in the Basque Country showed a significantly lower probability of abandoning innovation activities and even a somewhat higher probability of increasing their innovation efforts. This regional effect is especially significant for small and medium-sized enterprises.
URL: http://www.tandfonline.com/doi/full/10.1080/09654313.2016.1204426
DOI: http://dx.doi.org/10.1080/09654313.2016.1204426
Citation:
Cruz-Castro, Laura, Adelheid Holl, Ruth Rama and Luis Sanz-Menéndez. 2017 “Economic crisis and company R&D in Spain: do regional and policy factors matter?” Industry and Innovation, forthcoming.
Abstract: The economic crisis which began in 2008 has had a far-reaching impact, including effects on the innovation behaviour of firms. Many companies have reduced their innovation-related activities, although some firms have been more resilient than others. Using a representative microdata panel of Spanish firms, we study the probability of companies abandoning in-house R&D during the crisis and its relationship to regional and policy factors. We find significant regional heterogeneity related to regional economic size and the type of the regional innovation system; regional government R&D support only reduces R&D abandonment rates in regions where a strong system of knowledge exploitation is in place.
URL: http://www.tandfonline.com/doi/full/10.1080/13662716.2017.1355231
DOI: http://dx.doi.org/10.1080/13662716.2017.1355231
Citation:
Holl, Adelheid. 2016. "Highways and productivity in manufacturing firms', Journal of Urban Economics, 93: 131-151.
Abstract: Using a geo-coded micro-level panel dataset for Spanish manufacturing firms, I estimate the effect of access to highways on firm-level productivity. To identify the causal effect of highways, I have relied on different fixed-effects specifications, instrumental variables and controls for geography, geology and history. Since highways also attract economic activity, leading to local density increases, which in turn could affect productivity through agglomeration benefits, I also present estimations that control for local employment densities. The results show that highways raise firm-level productivity directly and beyond the effect of density. Additional results show that highway benefits are unevenly distributed across sectors and space.
URL: http://www.sciencedirect.com/science/article/pii/S0094119016300031
Citation:
Adelheid and Ruth Rama (2014) Foreign subsidiaries and technology sourcing in Spain, Industry and Innovation, 21 (1): 43-64.
Abstract: Firms acquire external technological knowledge via different channels. In this paper, we compare the technology sourcing of foreign subsidiaries and domestic firms looking at domestic R&D outsourcing, international R&D outsourcing, domestic cooperation for innovation and international cooperation for innovation. We use data from the Spanish Technological Innovation Panel for the years 2005–2009 for 10,206 innovative firms operating in Spain. We apply a multivariate probit specification which allows for systematic correlations among the different choices. The results show that the different technology sourcing choices are interdependent and that foreign subsidiaries show a different pattern of external technology sourcing. Compared to affiliated domestic companies, foreign subsidiaries show a smaller propensity for external technology sourcing via R&D outsourcing from independent firms in the host country, for international R&D outsourcing and for international cooperation for innovation. In contrast, foreign subsidiaries show a greater propensity for domestic cooperation for innovation. However, foreign subsidiaries are not a homogenous group in this respect.
URL: http://www.tandfonline.com/doi/full/10.1080/13662716.2014.879254#.VDYnfxatqfV
Citation:
Holl, Adelheid. 2012. “Market potential and firm-level productivity in Spain” Journal of Economic Geography, 12 (6): 1191–1215.
Abstract: The literature has documented a large degree of heterogeneity across firms in terms of productivity. In this article, I focus on market potential as a source of differences in productivity across Spanish manufacturing firms. Market potential is conditioned by the existing transport infrastructure. Transport infrastructure investment improves accessibility to input and output markets and thus increases market potential. Market potential is measured by travel time through the real transport network and takes into account the immense improvements that have taken place in Spain over the last decades. The results show a significant positive effect of market potential on firm-level productivity, which is robust to various estimation methods. This indicates an important mechanism of how road infrastructure improvements can generate wider economic impacts.
URL: http://joeg.oxfordjournals.org/content/12/6/1191.abstract
Citation:
Albarran, Pedro, Raquel Carrasco and Adelheid Holl. 2013 “Domestic transport infrastructure and firms' export market participation” Small Business Economics, 40 (4): 879-898.
Abstract: Investment in transport infrastructure reduces the cost of distance and enables firms to establish contacts over larger distances. Using data from a panel of Spanish manufacturing firms and geographic information system techniques, this article studies the impact of domestic transport cost reductions on firms’ export market participation, taking into account the role of entry costs and other firm characteristics. We estimate dynamic probability models, controlling for the unobserved heterogeneity of firms and for the simultaneity of firms’ export and location decisions. Our results demonstrate a positive effect of domestic transport infrastructure improvements on small and medium-sized firms’ probability of exporting.
URL: http://link.springer.com/article/10.1007%2Fs11187-011-9393-9

Substantive Focus:
Economic Policy PRIMARY

Theoretical Focus:
Policy Analysis and Evaluation PRIMARY

Keywords

JUST-IN-TIME TECHNOLOGY ADOPTION OUTSOURCING PRODUCTIVITY EXPORT HIGHWAYS URBAN