Technological Diffusion and Productivity Convergence across European Regions: A Spatial Approach over the Period 2000-2015

Fabio Manca and Giuseppe Piroli

EERI Research Paper Series from Economics and Econometrics Research Institute (EERI), Brussels

Abstract: What are the drivers of growth and convergence in productivity at regional level? Differences in the stock of human capital across regions are hypothesized to be the major cause of differences in the speed by which following regions converge and catch-up with the most advanced ones. In addition, we test the role played by R&D expenditures and institutions exploiting a database covering European regions from 1995 to 2015, which includes regional total factor productivity (TFP) computed by the conventional residual approach. We find robust empirical evidence for these hypotheses in terms of both model specifications and sectoral disaggregation.

Keywords: Regional Studies; European Regions; Catching-up; Total Factor Productivity (search for similar items in EconPapers)
JEL-codes: C31 C33 D24 E02 J24 P48 (search for similar items in EconPapers)
Date: 2021-10-07
New Economics Papers: this item is included in nep-cse, nep-eff, nep-eur, nep-geo, nep-gro, nep-lma, nep-mac, nep-sbm, nep-tid, nep-tra and nep-ure
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