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Growth dynamics in regional systems of technological activities – A SVAR approach

Matthias Duschl and Thomas Brenner ()

No 2013-12, Working Papers on Innovation and Space from Philipps University Marburg, Department of Geography

Abstract: This paper analyses the causal relationships in regional technological systems within a structural vector autoregression (SVAR) framework. Applying a data-driven identification strategy based on Independent Component Analysis, it shows how the regional growth dynamics of economic, research, innovation and educational activities affect each other instantaneously and over time in five different industries. Referring to the type of industry and its knowledge base, expectations are derived on how industry-specific growth processes unfold. Knowledge on the causal relations among the various activities in such regional technological systems is of utmost relevance to the design and implementation of efficient policy instruments.

Keywords: regional growth; SVAR; non-normality; innovations; universities; R&D; regional technological systems (search for similar items in EconPapers)
JEL-codes: C33 O30 R11 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2013-10-09
New Economics Papers: this item is included in nep-cse, nep-geo, nep-ino, nep-sbm, nep-tid and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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