Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/251111 
Year of Publication: 
2021
Series/Report no.: 
EERI Research Paper Series No. 07/2021
Publisher: 
Economics and Econometrics Research Institute (EERI), Brussels
Abstract: 
What are the drivers of growth and convergence in productivity at regional level? Differences in the stock of human capital across regions are hypothesized to be the major cause of differences in the speed by which following regions converge and catch-up with the most advanced ones. In addition, we test the role played by R&D expenditures and institutions exploiting a database covering European regions from 1995 to 2015, which includes regional total factor productivity (TFP) computed by the conventional residual approach. We find robust empirical evidence for these hypotheses in terms of both model specifications and sectoral disaggregation.
Subjects: 
Regional Studies
European Regions
Catching-up
Total Factor Productivity
Human Capital
R&D
Institutions
Spatial Models
Panel Data Models
JEL: 
P48
D24
J24
E02
C31
C33
Document Type: 
Working Paper

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