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This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …
Persistent link: https://www.econbiz.de/10011342567
We design a conceptual framework for linking two approaches: the literature on absorptive capacity and the literature on spatial knowledge spillovers. Regions produce new knowledge, but only part of it is efficiently adopted in the economy; the share of efficiently adopted technology depends on...
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econometric convergence models by introducing interindustry spillovers in addition to spillovers that are spatial in nature. To …
Persistent link: https://www.econbiz.de/10015073307
Knowledge drives the growth of nations and regions in a competitive space-economy. Hence, we would expect a strong correlation between investments in R&D, knowledge and learning processes, on the one hand, and productivity increases, on the other. However, the empirical evidence shows consistent...
Persistent link: https://www.econbiz.de/10011378339
By applying the smile curve concept to regional value added growth rather than to levels, the paper claims that local value-added growth increases when a region is specialised in scarce natural resources or scarce human skills within a GVC. Under these circumstances, in fact, the region can...
Persistent link: https://www.econbiz.de/10014632715
Spatial effects are endemic in models based on spatially referenced data. The increased awareness of the relevance of spatial interactions, spatial externalities and networking effects among actors, evoked the area of spatial econometrics. Spatial econometrics focuses on the specification and...
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