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Trade, Human Capital and Innovation: The Engines of European Regional Growth in the 1990s

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In this paper, the authors investigate the growth factors of EU regions in the 1990s and test the hypothesis that regional growth is determined by endogenous growth factors, trade and technological catching-up in a growth accounting framework.
Abstract
This paper investigates the growth factors of EU regions in the 1990s We test the hypothesis that regional growth is determined by endogenous growth factors, trade and technological catching-up in a growth accounting framework Our estimations suggest that growth of EU regions is positively related to the accumulation of physical and human capital Innovation activity as well as international technology transfer are important for growth The latter is facilitated if a region is well endowed with human capital Further, we observe that technological catching-up is promoted by intensive foreign trade, a result which underlines the importance of trade openness for EU regions (authors' abstract)

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What do we know about geographical knowledge spillovers and regional growth?: A survey of the literature

TL;DR: A survey of geographical knowledge spillovers and regional growth can be found in this article, where Doring et al. provide a survey of theoretical and empirical findings highlighting the question of how geographically limited knowledge diffusion can help to explain clusters of regions with persistently different levels of growth.
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Empirical growth models with spatial effects

TL;DR: In this article, the authors consider the presence of externalities across economies and apply the appropriate spatial econometrics tools to test for their presence and estimate the magnitude of these externalities in the real world.
Journal ArticleDOI

Space and Growth: A Survey of Empirical Evidence and Methods

TL;DR: A review of the empirical literature on growth and convergence that has addressed the importance of spatial factors can be found in this article, where the authors assess the appropriateness of such models, and identify areas of potential concern.
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Spatial heterogeneity and interregional spillovers in the European Union: Do cohesion policies encourage convergence across regions?

TL;DR: In this paper, the speed of convergence for a sample of 163 regions of the European Union (EU) over the period 1981-1996 is estimated using a spatial econometric perspective.
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Entrepreneurship, innovation and regional growth: a network theory

TL;DR: In this article, the authors proposed that the relationship between entrepreneurship, innovation and regional growth is governed by a series of network dynamics and that the nature of the networks formed by entrepreneurial firms is a key determinant of regional growth differentials.
References
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Journal ArticleDOI

A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity

Halbert White
- 01 May 1980 - 
TL;DR: In this article, a parameter covariance matrix estimator which is consistent even when the disturbances of a linear regression model are heteroskedastic is presented, which does not depend on a formal model of the structure of the heteroSkewedness.
Journal ArticleDOI

On the mechanics of economic development

TL;DR: In this article, the authors consider the prospects for constructing a neoclassical theory of growth and international trade that is consistent with some of the main features of economic development, and compare three models and compared to evidence.
Journal ArticleDOI

A Contribution to the Empirics of Economic Growth

TL;DR: The authors examined whether the Solow growth model is consistent with the international variation in the standard of living, and they showed that an augmented Solow model that includes accumulation of human as well as physical capital provides an excellent description of the cross-country data.
ReportDOI

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.
ReportDOI

Economic Growth in a Cross Section of Countries

TL;DR: For 98 countries in the period 1960-1985, the growth rate of real per capita GDP is positively related to initial human capital (proxied by 1960 school-enrollment rates) and negatively related to the initial (1960) level as mentioned in this paper.