Factor accumulation, externalities, and absorptive capacity in regional growth. Evidence from Europe.

Autor/inn/en	Jung, Juan; López-Bazo, Enrique
Titel	Factor accumulation, externalities, and absorptive capacity in regional growth. Evidence from Europe. Gefälligkeitsübersetzung: Faktorakkumulation, Externalitäten und Aufnahmekapazität regionalen Wachstums. Erkenntnisse für Europa.
Quelle	In: Journal of regional science, 57 (2017) 2, S. 266-289 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	0022-4146; 1467-9787
DOI	10.1111/jors.12304
Schlagwörter	Bildungsertrag; Wissenstransfer; Regionale Disparität; Regionalentwicklung; Humankapital; Kapital; Produktivität; Regionalwirtschaft; Wirtschaftswachstum; Arbeitsproduktivität; Akkumulation; Kapazität; Regionaler Vergleich; Europäische Union
Abstract	"This paper proposes a model that incorporates capital accumulation and spatial spillovers across economies, while allowing for regional differences in absorptive capacity. This model is estimated using a sample of EU regions, over a period including the enlargement of the single-market area in the middle of the first decade of the 21st century. Results confirm the relevance of local absorptive capacity that is directly linked with the process of making the most of externalities. Capital deepening reduced the role of capital in explaining the regional productivity gap, but was not enough to help lagging regions to equal the return to human capital investments reached by most advanced regions." (Author's abstract, Published by arrangement with John Wiley & Sons).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2017/3