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Explaining Knowledge-Based Economic Dynamism in a Global Scale

Panagiotis Artelaris, Paschalis Arvanitidis and George Petrakos

No DYNREG05, Papers from Economic and Social Research Institute (ESRI)

Abstract: This paper uses the concept of knowledge-based economic dynamism to overcome the simplified perspective on economic performance implied by the economic growth variable. Knowledge-based economic dynamism refers to the potential an area has for generating and maintaining high rates of economic performance. Furthermore, this study develops econometric models to detect the determinants of knowledge-based economic dynamism at the international level. The analysis covers the period 1990-2002. Econometric models provide critical insight relative to the factors driving dynamism with important implications for theory and policy.

Keywords: DYNREG (search for similar items in EconPapers)
Pages: 31 pages
Date: 2007
Note: DYNREG Research Project – Dynamic Regions in a Knowledge-Driven Global Economy: Lessons and Policy Implications for the European Union
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