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Technological interdependence and regional growth in Europe: Proximity and synergy in knowledge spillovers

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Listed:
  • Basile, Roberto
  • Capello, Roberta
  • Caragliu, Andrea

Abstract

The economic growth literature suggests that knowledge spillovers are subject to distance decay effects. In this paper the main aim is to provide a theoretical framework and empirical evidence on the role played by other kinds of proximities, namely relational, social and technological proximity, in explaining productivity growth. Using a sample of 249 EU 27 NUTS 2 regions in the period 1990–2004, semiparametric spatial autoregressive models are estimated. Results provide evidence of a positive role of social and relational proximities as important channels of knowledge spillovers, and on the fact that, when simultaneously present, different kinds of proximities generate synergic effects on growth.

Suggested Citation

Handle: RePEc:eee:paresc:v:91:y:2012:i:4:p:697-723
DOI: 10.1111/j.1435-5957.2012.00438.x
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JEL classification:

  • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
  • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General

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