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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
By studying the interaction between social capital and decentralization, we show that political decentralization can be a source of divergence across heterogeneous regions. In particular, we claim that since the local endowments of social capital display their effect on the economy mainly...
Persistent link: https://www.econbiz.de/10009757366
Applied econometrics has recently emphasized the identification of causal parameters for policy analysis. This revolution has yet to fully propagate to the field of regional science. We examine the scope for application of the matching approach – part of the modern applied econometrics toolkit...
Persistent link: https://www.econbiz.de/10009669444
We analyze a two-sector model of a trading creative regional economy (TCRE) of the sort studied by Florida. Our analysis focuses on two cases. The first (second) case concerns the impact of faster neutral (non-neutral) productivity growth in the tradable sector on the employment of creative...
Persistent link: https://www.econbiz.de/10013130117
The aim of this paper is to analyze the impact of domestic and international tourism on the economic growth process for 179 regions in ten European countries, which are highly representative of total tourism flows. The econometric analysis is performed for the period 1999-2009 and is based on a...
Persistent link: https://www.econbiz.de/10013081170
creative regions. We focus first (second) on absolute (relative) convergence. In the absolute (relative) convergence case, the … convergence case, we analyze how to estimate the speed of convergence parameter (σ) and then discuss the relationship between the … variance of y<sub>j</sub>(t) and that of y<sub>j</sub>(0). In the relative convergence case, we study the error associated with …
Persistent link: https://www.econbiz.de/10012964104
We focus on a region that is creative in the sense of Richard Florida. The creative class is broadly composed of existing and candidate entrepreneurs. The general question we analyze concerns the effects of Schumpeterian competition between existing and candidate entrepreneurs on economic growth...
Persistent link: https://www.econbiz.de/10012927440
regions. We focus first (second) on absolute (relative) convergence. In the absolute (relative) convergence case, the N … output per creative class member denoted by y^BGP (y_j^BGP ). In the absolute convergence case, we analyze how to estimate … the speed of convergence parameter (σ) and then discuss the relationship between the variance of y_j (t) and that of y …
Persistent link: https://www.econbiz.de/10012953087
We have two objectives in this book. First, we bring together in one place, original research that sheds light on the myriad connections between disease, human health, and regional economic growth and development. Second, given the contemporary salience of Asia in world affairs, we concentrate...
Persistent link: https://www.econbiz.de/10012907386
We study aspects of economic growth in a region that is creative in the sense of Richard Florida. We model creativity by supposing that the region under study has two sectors. The first sector uses physical capital {K(t)} and trained workers {A(t)W(t)} to produce creative capital {R(t)}. The...
Persistent link: https://www.econbiz.de/10012910586