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In this paper, the Schumpeterian growth model developed by Ertur and Koch (2011) that includes spatial interactions between units of observation working via R&D spillovers is presented in detail. The implications of this model and three additional growth models with and without spatial...
Persistent link: https://www.econbiz.de/10011379935
Based on a standard idea-based model of endogenous growth we test the hypothesis that regional innovative activity is path-dependent, and investigate the geographical scope of knowledge spillovers. Using data for West-German regions, two alternative indicators of the stock of knowledge are...
Persistent link: https://www.econbiz.de/10011477128
convergence in Europe. The empirical part of the study bases on the regional GDP pc and innovation indicators on the EU-27 NUTS2 … additional 20% are country specific factors. Estimating convergence equations, we noticed that regional innovations tend to … increase inter-regional differences, at least during the short-run period. Thus, if regional income convergence is a policy …
Persistent link: https://www.econbiz.de/10011522577
convergence in Europe. The empirical part of the study bases on the regional GDP pc and innovation indicators on the EU-27 NUTS2 … analysis method, three composite indicators of regional innovation capacity are extracted. Estimating convergence equations, we … regional income convergence is a policy target, additional policy measures beside innovation activities should be effectively …
Persistent link: https://www.econbiz.de/10013096316
Persistent link: https://www.econbiz.de/10011825141
This paper analyses the causal relationships in regional technological systems within a structural vector autoregression (SVAR) framework. Applying a data-driven identification strategy based on Independent Component Analysis, it shows how the regional growth dynamics of economic, research,...
Persistent link: https://www.econbiz.de/10011303809
"Development" isn't only an economic notion but also it consist of so many meanings such as social, cultural manners, production and consumption ways. During the development process, development units could be growth in vary times and space. At this point what has to be told, which sector and...
Persistent link: https://www.econbiz.de/10011487841
The aim of this paper is to assess the role played by creativity and other components of human capital on the process of economic growth for 257 regions in the 27 member countries of the European Union. We first decompose the regional human capital endowment to distinguish between the...
Persistent link: https://www.econbiz.de/10011516047
This paper investigates the effect of related and unrelated variety on regional growth in West Germany. In particular, we analyze the role of regional absorptive capacity and new business formation for these effects. We find that West German regions benefit from both types of varieties. The...
Persistent link: https://www.econbiz.de/10011580747
This paper attempts to give an economic perspective of the impact of the innovation industries. The estimation method used is that of panel data modelling, based on data from regions from European countries, including countries from Central and Eastern Europe, for which exploratory analysis was...
Persistent link: https://www.econbiz.de/10011797068