Please use this identifier to cite or link to this item:
http://hdl.handle.net/2445/122202
Title: | Factor accumulation, externalities, and absorptive capacity in regional growth: evidence from Europe |
Author: | Jung, Juan López-Bazo, Enrique |
Keywords: | Desenvolupament econòmic Convergència (Economia) Espai (Economia) Models economètrics Economic development Convergence (Economics) Space in economics Econometric models |
Issue Date: | 2017 |
Publisher: | Wiley |
Abstract: | This paper proposes a model that incorporates capital accumulation and spatial spillovers across economies, while allowing for regional differences in absorptive capacity. This model is estimated using a sample of EU regions, over a period including the enlargement of the single-market area in the middle of the first decade of the 21st century. Results confirm the relevance of local absorptive capacity that is directly linked with the process of making the most of externalities. Capital deepening reduced the role of capital in explaining the regional productivity gap, but was not enough to help lagging regions to equal the return to human capital investments reached by most advanced regions. |
Note: | Versió postprint del document publicat a: https://doi.org/10.1111/jors.12304 |
It is part of: | Journal of Regional Science, 2017, vol. 57, num. 2, p. 266-289 |
URI: | http://hdl.handle.net/2445/122202 |
Related resource: | https://doi.org/10.1111/jors.12304 |
ISSN: | 0022-4146 |
Appears in Collections: | Articles publicats en revistes (Econometria, Estadística i Economia Aplicada) Publicacions de projectes de recerca finançats per la UE |
Files in This Item:
File | Description | Size | Format | |
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669658.pdf | 1.85 MB | Adobe PDF | View/Open |
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