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Using data for the European regions at NUTS-2 level, we test the predictions of a microfounded Schumpeterian growth model with technological interdependence recently developed by Ertur and Koch (2011, EK11). Spatial interdependence is identified by means ofa semiparametric geoadditive spatial...
Persistent link: https://www.econbiz.de/10011143868
Economic theory emphasizes that risk sharing makes it possible to exploit benefits from comparative advantages and economies of scale. Unlike previous studies we reject the assumption of parameter homogeneity across geographical units in measuring risk sharing. The estimated regional-specific...
Persistent link: https://www.econbiz.de/10008602830
Affuso A., Capello R. and Fratesi U. Globalization and competitive strategies in European vulnerable regions, Regional Studies. This paper highlights the role played by structural economic features and industrial competitive strategies in the performance of a group of European regions, defined...
Persistent link: https://www.econbiz.de/10009224405