Innovation, demand and structural change in Europe
Matteo Lucchese
No 1109, Working Papers from University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini
Abstract:
The model and the empirical test developed in this paper address the determinants of structural change for six major European economies from 1995 to 2007. The performances of sectors are explained by the unfolding of uneven technological opportunities and different conditions of demand. Building on the literature on structural change and on previous studies on the link between sectoral patterns of innovation and economic performance of sectors, a set of tests is developed on a panel of 21 manufacturing sectors and 17 services, merging three different sources of data. The results show the importance of breaking up the innovative efforts of sectors and the role of demand in shaping their trajectories of development.
Keywords: Structural change; Demand; Innovation; Industry-level analysis. (search for similar items in EconPapers)
JEL-codes: O10 O33 O41 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2011, Revised 2011
New Economics Papers: this item is included in nep-cse, nep-eec, nep-eur, nep-ino, nep-knm, nep-sbm and nep-tid
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Citations: View citations in EconPapers (3)
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http://www.econ.uniurb.it/RePEc/urb/wpaper/WP_11_09.pdf First version, 2011 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:urb:wpaper:11_09
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