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This paper contributes to the recent literature in spatial econometrics that focuses on space-time data modeling implementing a multi-location time-series statistical framework to analyze a regional system. Therefore, taking as a point of departure the Global Vector Autoregression approach...
Persistent link: https://www.econbiz.de/10010740435
New knowledge generated by an economic agent in a region will tend over time to flow to other economic agents in the same region but also to economic agents in other regions. It is quite common in the literature to use the concept of knowledge spillovers for such knowledge flows, irrespective of...
Persistent link: https://www.econbiz.de/10011019082
issue of disparities and convergence in levels of living within regions and cities of the Russian Federation (the RF) in the … classification of RF regions and cities and evaluation of disparities and convergence tendencies of levels of living. The analysis of … dynamics of the synthetic indicators of level of living provides evidence for regional convergence of levels of living and a …
Persistent link: https://www.econbiz.de/10011075826
"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/10011145530
Although it has frequently been argued that the quality of institutions affects the innovative potential of a territory, the link between institutions and innovation remains a black box. This paper aims to shed light on how institutions shape innovative capacity, by focusing on how regional...
Persistent link: https://www.econbiz.de/10010755467
We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with N heterogeneous regions. For each region i where i=1,...,N, our analysis leads to five findings. First, we define the balanced growth path (BGP) allocations and the equilibrium...
Persistent link: https://www.econbiz.de/10011075868
Current innovation policy is the result of decades of research about the nature and role of innovation in economic growth. Such investigation has contributed to redesign our knowledge not only on the role played by innovation in economic development but also about the relationship between...
Persistent link: https://www.econbiz.de/10011075920