Education, Research and Manufacturing in EU25: An Inter-Sectoral Econometric Model of 151 European Regions, 1995-2000
AbstractThis article presents a comparative analysis of regional development in European Union countries after the Enlargement of year 2004 to 25 Countries of Western, Central and East Europe. We analysis the evolution of 151 regions of those countries during the period 1995-2000 and present some interregional econometric models which show the positive role of the education, research and manufacturing on economic development. These conclusions lead to some recommendations about regional policies in European Union, which should be more active than passive, as to say not only limited to some social cohesion funds but also addressed to support education, research, manufacturing and other activities which have a significant role in regional development in all European regions, particularly in those with low levels of financial support from their own countries. Those regional policies should be developed in cooperation with economics researchers and other experts from different countries of Europe fostering communication between EU institutions, university researchers and society.
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Bibliographic InfoArticle provided by Euro-American Association of Economic Development in its journal Regional and Sectoral Economic Studies.
Volume (Year): 4 (2004)
Issue (Month): 2 ()
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Web page: http://www.usc.es/economet/eaa.htm
Find related papers by JEL classification:
- C5 - Mathematical and Quantitative Methods - - Econometric Modeling
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
- H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
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