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This paper investigates the impact of related variety on regional employment growth in Finland between 1993 and 2006 by means of a dynamic panel regression model. We find that related variety in general has no impact on growth. Instead, after separating related variety among low-and-medium tech...
Persistent link: https://www.econbiz.de/10010545820
in combination with a high functional specialization of the region facilitates regional growth in Germany. Additionally …
Persistent link: https://www.econbiz.de/10009319258
Modern (endogenous) growth theory tells us that knowledge spillovers are crucial for the growth of high-income economies. Against this background the paper provides a survey of theoretical and empirical findings highlighting the question of how geographically limited knowledge diffusion can help...
Persistent link: https://www.econbiz.de/10010296149
Modern (endogenous) growth theory tells us that knowledge spillovers are crucial for the growth of high-income economies. Against this background the paper provides a survey of theoretical and empirical findings highlighting the question of how geographically limited knowledge diffusion can help...
Persistent link: https://www.econbiz.de/10008677276
A new approach is developed to measure knowledge spillovers by means of proportion of non-appropriable returns to social returns, assuming no specific forms of production and knowledge functions. It is complicated theoretically, but very simple and practical empirically. Using PWT 6.3, we find...
Persistent link: https://www.econbiz.de/10009278159
last few years determined the ability to adapt to the economic crisis. The regional specialization and concentration … possible to say that some specialization or concentration is disadvantagous to economic growth? The difference between regional … specialization and concentration and the terms related to industrialization are also clarified …
Persistent link: https://www.econbiz.de/10010701255
This paper applies functional regression to precise geo-coded register data to measure productivity spillovers from high-skilled workers. We use a smoothing splines estimator to model the spatial distribution of high-skilled workers as continuous curves. Our rich panel data allows us to address...
Persistent link: https://www.econbiz.de/10012099229
This paper applies functional regression to precise geo-coded register data to measure productivity spillovers from high-skilled workers. We use a smoothing splines estimator to model the spatial distribution of high-skilled workers as continuous curves. Our rich panel data allows us to address...
Persistent link: https://www.econbiz.de/10012317611
Recently, there has been wide interest in the "economics" of population aging. Demographic change has crucial consequences for economic behavior; it e.g. implies that consumption and investment decisions vary over the life-cycle. The latter has important implications for economic growth, whereas...
Persistent link: https://www.econbiz.de/10011332532
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/10010325801