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Persistent link: https://www.econbiz.de/10009614347
economic systems of regions. Based on an extensive set of economic data for Finnish regions, the existence of cointegration is … similar results and confirm cointegration for the relevant data on Finnish regions. This long-run relationship in Finland … appears to be very similar to that found elsewhere in the literature. Okuns Law ; (hidden) cointegration ; asymmetry …
Persistent link: https://www.econbiz.de/10009127852
Persistent link: https://www.econbiz.de/10012211396
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...
Persistent link: https://www.econbiz.de/10011377391
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whether there are some productivity-enhancing externalities gained from this growing diversity within firms. In recent years … migration research has demonstrated positive economic impacts of cultural diversity on productivity and innovation at the …
Persistent link: https://www.econbiz.de/10009422454
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This paper examines the long-run trends in per-capita income across the US states (1929-2005). Our analysis advocates and implements a Vector Error Correction Model (VECM), in order to investigate whether disparities in per-capita income embody a stable long-run relation. The empirical...
Persistent link: https://www.econbiz.de/10010224805
This paper examines the long-run trends in per-capita income across the US states (1929-2005). Our analysis advocates and implements a Vector Error Correction Model (VECM), in order to investigate whether disparities in per-capita income embody a stable long-run relation. The empirical...
Persistent link: https://www.econbiz.de/10013074631