Spatial dynamic analysis of productivity growth of agri-food companies

This study analyzes the spatial dynamics in productivity growth and its components for a sample of agri-food companies in Murcia (Spain) over the period 2005-2014. We find that productivity growth of a company is related to productivity growth of neighboring companies, in both the short and long term. The marginal effects of the different factors on productivity growth are stronger in the short run rather than in the long run. Land characteristics and economic territorial conditions have the largest marginal effect on productivity growth and its components. This study contributes to the existing literature by including spatial interactions in the analysis of productivity growth.