文章基本信息

标题：REGIONS, TECHNOLOGICAL INTERDEPENDENCE AND GROWTH IN EUROPE
本地全文：下载
作者：Manfred M. Fischer
期刊名称：Romanian Journal of Regional Science
印刷版ISSN：1843-8520
出版年度：2009
卷号：3
期号：02
页码：1-17
出版社：Romanian Regional Science Association
摘要：This paper presents a theoretical neoclassical growth model with two kinds of capital, and technological interdependence among regions. Technological interdependence is assumed to operate through spatial externalities caused by disembodied knowledge diffusion between technologically similar regions. The transition from theory to econometrics yields a reduced-form empirical model that in the spatial econometrics literature is known as spatial Durbin model. Technological dependence between regions is formulated by a connectivity matrix that measures closeness of regions in a technological space spanned by 120 distinct technological fields. We use a system of 158 regions across 14 European countries over the period from 1995 to 2004 to empirically test the model. The paper illustrates the importance of an impact-based model interpretation, in terms of the LeSage and Pace (2009) approach, to correctly quantify the magnitude of spillover effects that avoid incorrect inferences about the presence or absence of significant capital externalities among technologically similar regions.
关键词：Economic growth ; augmented Mankiw-Romer-Weil model ; disembodied knowledge diffusion ; technological similarity between regions ; spatial econometrics ; European regions