Journal ArticleDOI
Determinants of knowledge production and their effects on regional economic growth
Olivier Parent,James P. LeSage +1 more
TLDR
In this article, a Bayesian spatial Markov Chain Monte Carlo model composition (MC3) analysis of growth rates in European regional patenting activity is provided, which identifies a large set of candidate explanatory variables that characterize regional stocks of knowledge, including: human resources devoted to innovative activity, scientific and technical capabilities, public and private investments, government policies, as well as regional industry structure.Abstract:
We provide a Bayesian spatial Markov Chain Monte Carlo model composition (MC3) analysis of growth rates in European regional patenting activity. Based on theoretical models on innovation and growth, we identify a large set of candidate explanatory variables that characterize regional stocks of knowledge, including: human resources devoted to innovative activity, scientific and technical capabilities, public and private investments, government policies, as well as regional industry structure, and indicators of regional technology gaps that reflect distance from the technological frontier. Our analysis shows that accommodating spatial dependence and heterogeneity leads to different conclusions regarding factors important for technological transfer and knowledge spillovers.read more
Citations
More filters
Journal ArticleDOI
Proximity, networking and knowledge production in Europe: What lessons for innovation policy?
TL;DR: In this paper, the role of different types of proximity on the technological activity of a region within the context of a knowledge production function is investigated, where R&D expenditure and human capital are the main internal inputs, thus assessing to what extent the creation of new ideas in a certain region is enhanced by knowledge flows coming from proximate regions.
Journal ArticleDOI
Government quality and the economic returns of transport infrastructure investment in European regions
TL;DR: In this article, the authors assess the connection between regional quality of government and the returns of different types of road infrastructure in EU regions during the period between 1995 and 2009, and reveal a strong influence of regional QoG on the economic returns of transport infrastructure.
Journal ArticleDOI
A Spatial Stochastic Frontier Model with Spillovers: Evidence for Italian Regions
TL;DR: In this article, a stochastic frontier model with decomposition of inefficiency into an idiosyncratic and a spatial, spillover component is proposed for efficiency analysis using spatial data dealing with possible spatial dependence between regions.
Journal ArticleDOI
What do business climate indexes teach us about state policy and economic growth
TL;DR: In this paper, state business climate indexes capture state policies that might affect economic growth, such as less spending on welfare and transfer payments; and more uniform and simpler corporate tax structures.
Journal ArticleDOI
Disciplinary knowledge production and diffusion in science
TL;DR: The results show that measured by scientific impact, the subjects of Chemical Engineering, Energy, and Environmental Science have the fastest growth, and most subjects are carrying out more diversified knowledge trading practices by importing higher volumes of knowledge from a greater number of subjects.
References
More filters
Posted Content
Endogenous Technological Change
TL;DR: In this paper, the authors show that the stock of human capital determines the rate of growth, that too little human capital is devoted to research in equilibrium, that integration into world markets will increase growth rates, and that having a large population is not sufficient to generate growth.
Journal ArticleDOI
Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations
TL;DR: In this paper, the authors compare the geographic location of patent citations to those of cited patents, as evidence of the extent to which knowledge spillovers are geographically localized, and find that citations to U.S. patents are more likely to come from the U. S., and more likely than coming from the same state and SMSA as cited patents than one would expect based only on the preexisting concentration of related research activity.
Posted Content
Growth in Cities
Edward L. Glaeser,Edward L. Glaeser,Edward L. Glaeser,Hedi Kallal,Jose A. Scheinkman,Jose A. Scheinkman,Jose A. Scheinkman,Andrei Shleifer,Andrei Shleifer +8 more
TL;DR: In this paper, the authors used a new data set on the growth of large industries in 170 U.S. cities between 1956 and 1987 and found that local competition and urban variety, but not regional specialization, encourage employment growth in industries.
Journal ArticleDOI
Issues in assessing the contribution of research and development to productivity growth
TL;DR: In this article, the authors outline the production function approach to the estimation of the returns to R&D and then discuss in turn two very difficult problems: the measurement of output in R&DI intensive industries and the definition and measurement of the stock of R&DC 'capital'.
Journal ArticleDOI
The role of human capital in economic development Evidence from aggregate cross-country data
Jess Benhabib,Mark M. Spiegel +1 more
TL;DR: This article used cross-country estimates of physical and human capital stocks to run the growth accounting regressions implied by a CobbPDouglas aggregate production function and found that human capital enters insignificantly in explaining per capita growth rates.