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Human capital, technology intensity, and growth in a regional context

Author

Listed:
  • Donata Favaro

    (Associate Professor, Department of Economics and Management “Marco Fanno†, University of Padova)

  • Eniel Ninka

    (Senior statistician, SOGETI Luxembourg and University IUAV of Venice)

  • Margherita Turvani

    (Associate Professor, Department of Planning, University IUAV of Venice)

Abstract

In this article, we study the pattern of growth in one of the Italian best performing regions – the Veneto region – focusing on the role played by human capital and technology. Our aim is to verify the growth effect of human capital and technological intensity. The period considered is the pre-crisis period between 2001 and 2005. The results of the regressions clearly show how in the Veneto region the productive “specialization†, which has the greatest impact on growth, is the one in high-technology. However, human capital employed in high-technology intensive sectors does not explain growth significantly. This suggests an under-employment of human capital in the sectors at the frontier and the need to intervene with policies that develop high-technology industries.

Suggested Citation

  • Donata Favaro & Eniel Ninka & Margherita Turvani, 2018. "Human capital, technology intensity, and growth in a regional context," Argomenti, University of Urbino Carlo Bo, Department of Economics, Society & Politics, vol. 9(9), pages 1-22, January-A.
    • Handle: RePEc:urb:journl:v:9:y:2018:p:1-22
    DOI: 10.14276/1971-8357.1288
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    More about this item

    Keywords

    regional growth; human capital; technology intensity; spatial analysis.;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models

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