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The impact of knowledge spillovers on total factor productivity revisited: New evidence from selected European capital regions

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  • Puškárová, Paula
  • Piribauer, Philipp

Abstract

This paper aims at identifying the contribution of knowledge capital to total factor productivity differences among European sub-national regions within a spatial econometric regression framework. Special emphasis is laid on the estimation of interregional spillovers between the Western and Eastern European regions, focusing on the triangle of capital regions Vienna-Budapest-Bratislava. By accounting for human capital stocks, the results suggest lower spillover effects emanating from patent activities. Moreover, Vienna appears to be the largest contributor to productivity increases in Bratislava. Budapest’s productivity seems to be sensitive to the knowledge and human capital endowments of the EU, but less so to those of Vienna.

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  • Puškárová, Paula & Piribauer, Philipp, 2016. "The impact of knowledge spillovers on total factor productivity revisited: New evidence from selected European capital regions," Economic Systems, Elsevier, vol. 40(3), pages 335-344.
    • Handle: RePEc:eee:ecosys:v:40:y:2016:i:3:p:335-344
    DOI: 10.1016/j.ecosys.2015.09.006
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    Cited by:

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    2. Paula Puškárová & Miriama Vašková, 2022. "Dynamics of inequality and growth in Europe: may spatial models solve the puzzle?," Journal of Geographical Systems, Springer, vol. 24(1), pages 33-48, January.
    3. Nadide Yigiteli & Fahriye Ozturk, 2022. "Macroeconomic Determinants of Total Factor Productivity: An Analysis on the Example of OECD Countries," Istanbul Journal of Economics-Istanbul Iktisat Dergisi, Istanbul University, Faculty of Economics, vol. 72(72-1), pages 293-328, June.
    4. Crucitti, Francesca & Lazarou, Nicholas-Joseph & Monfort, Philippe & Salotti, Simone, 2023. "Where does the EU cohesion policy produce its benefits? A model analysis of the international spillovers generated by the policy," Economic Systems, Elsevier, vol. 47(3).
    5. Qipeng Sun & Yafang Geng & Fei Ma & Chao Wang & Bo Wang & Xiu Wang & Wenlin Wang, 2018. "Spatial–Temporal Evolution and Factor Decomposition for Ecological Pressure of Carbon Footprint in the One Belt and One Road," Sustainability, MDPI, vol. 10(9), pages 1-22, August.
    6. Puskarova, Paula, 2022. "Trust or bust: Growth effects of knowledge, human and social capital revisited," Economic Systems, Elsevier, vol. 46(4).

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    More about this item

    Keywords

    Knowledge capital; Knowledge spillovers; Knowledge production function; Total factor productivity; NUTS-2; Spatial panel;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • 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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