The present paper analyzes the effect of regional specialization and R&D expenditures on labor productivity growth. Following Fingleton [Environ Plan 32:1481-1498 2000], we assume positive externalities in labor productivity growth and technological spillovers depend on interregional distances and economy size. Regional specialization and R&D expenditures are assumed to enhance growth by affecting the level of technology. Although it may seem natural that specialization and R&D expenditures can convey great advantages on economic growth, evidence varies across sectors. We conduct an empirical analysis for two economic sectors and the economy as a whole. Recently developed spatial econometric methods are adopted to control for potential heteroscedasticity in the growth equation. © 2010 Springer-Verlag.

Specialization, R&D and productivity growth: Evidence from EU regions

Piras, G.
;
POSTIGLIONE, PAOLO;
2012-01-01

Abstract

The present paper analyzes the effect of regional specialization and R&D expenditures on labor productivity growth. Following Fingleton [Environ Plan 32:1481-1498 2000], we assume positive externalities in labor productivity growth and technological spillovers depend on interregional distances and economy size. Regional specialization and R&D expenditures are assumed to enhance growth by affecting the level of technology. Although it may seem natural that specialization and R&D expenditures can convey great advantages on economic growth, evidence varies across sectors. We conduct an empirical analysis for two economic sectors and the economy as a whole. Recently developed spatial econometric methods are adopted to control for potential heteroscedasticity in the growth equation. © 2010 Springer-Verlag.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11564/225913
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