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The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...
Persistent link: https://www.econbiz.de/10010291780
-H-O model based on factor endowment and an ?economic geography? model based on market size and economic integration. As the … explanatory variables used (proxies for human capital, physical capital, market size and a dummy for market integration … market size of the EU accession countries could contribute to strengthen the disadvantage in high quality segments of …
Persistent link: https://www.econbiz.de/10010261889