IDEAS home Printed from https://ideas.repec.org/a/urb/journl/v9y2018p1-22.html

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
    as

    Download full text from publisher

    File URL: http://www.econ.uniurb.it/RePEc/urb/journl/1288-6116-1-PB.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.14276/1971-8357.1288?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. David Jacobson & Hartmut Hirsch-Kreinsen & Keith Smith & Staffan Laestadius, "undated". "Low-Tech Industries and the Knowledge Economy: State of the Art and Research Challenges," STEP Report series 200316, The STEP Group, Studies in technology, innovation and economic policy.
    2. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
    3. Riccardo Crescenzi, 2005. "Innovation and Regional Growth in the Enlarged Europe: The Role of Local Innovative Capabilities, Peripherality, and Education," Growth and Change, Wiley Blackwell, vol. 36(4), pages 471-507, September.
    4. Robertson, Paul & Smith, Keith & von Tunzelmann, Nick, 2009. "Innovation in low- and medium-technology industries," Research Policy, Elsevier, vol. 38(3), pages 441-446, April.
    5. Aadne Cappelen & Jan Fagerberg & Bart Verspagen, 1999. "Lack of regional convergence," Working Papers Archives 1999001, Centre for Technology, Innovation and Culture, University of Oslo.
    6. Sebastiano Fadda, 2016. "Labour Coefficients Reduction and Working Time Reduction," Argomenti, University of Urbino Carlo Bo, Department of Economics, Society & Politics, vol. 4(4), pages 1-21, May-Augus.
    7. Aghion, Philippe & Howitt, Peter, 1992. "A Model of Growth through Creative Destruction," Econometrica, Econometric Society, vol. 60(2), pages 323-351, March.
    8. repec:bla:jcmkts:v:41:y:2003:i::p:621-644 is not listed on IDEAS
    9. Aadne Cappelen & Fulvio Castellacci & Jan Fagerberg & Bart Verspagen, 2003. "The Impact of EU Regional Support on Growth and Convergence in the European Union," Journal of Common Market Studies, Wiley Blackwell, vol. 41(4), pages 621-644, September.
    10. Mark Roberts & Mark Setterfield & Marc Hnytka, 2007. "What is Endogenous Growth Theory?," Chapters, in: Phillip Arestis & Michelle Baddeley & John S.L. McCombie (ed.), Economic Growth, chapter 3, Edward Elgar Publishing.
    11. Daron Acemoglu & Philippe Aghion & Fabrizio Zilibotti, 2006. "Distance to Frontier, Selection, and Economic Growth," Journal of the European Economic Association, MIT Press, vol. 4(1), pages 37-74, March.
    12. Geraint Johnes & Jill Johnes (ed.), 2004. "International Handbook on the Economics of Education," Books, Edward Elgar Publishing, number 2847, August.
    13. Jérôme Vandenbussche & Philippe Aghion & Costas Meghir, 2006. "Growth, distance to frontier and composition of human capital," Journal of Economic Growth, Springer, vol. 11(2), pages 97-127, June.
    14. Philip Stevens & Martin Weale, 2004. "Education and Economic Growth," Chapters, in: Geraint Johnes & Jill Johnes (ed.), International Handbook on the Economics of Education, chapter 4, Edward Elgar Publishing.
    15. Beñat Bilbao‐Osorio & Andrés Rodríguez‐Pose, 2004. "From R&D to Innovation and Economic Growth in the EU," Growth and Change, Wiley Blackwell, vol. 35(4), pages 434-455, September.
    16. Jan Fagerberg, 1999. "The Economic Challenge for Europe: Adapting to Innovation-Based Growth," Working Papers 2, Centre for Technology, Innovation and Culture, University of Oslo.
    17. Hauknes, Johan & Knell, Mark, 2009. "Embodied knowledge and sectoral linkages: An input-output approach to the interaction of high- and low-tech industries," Research Policy, Elsevier, vol. 38(3), pages 459-469, April.
    18. M. Ishaq Nadiri, 1993. "Innovations and Technological Spillovers," NBER Working Papers 4423, National Bureau of Economic Research, Inc.
    19. Jan Fagerberg & Paolo Guerrieri & Bart Verspagen (ed.), 1999. "The Economic Challenge for Europe," Books, Edward Elgar Publishing, number 1821, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Castellacci, Fulvio, 2008. "Innovation and the competitiveness of industries: comparing the mainstream and the evolutionary approaches," MPRA Paper 27523, University Library of Munich, Germany.
    2. Alessandro STERLACCHINI, 2006. "Innovation, Knowledge and Regional Economic Performances: Regularities and Differences in the EU," Working Papers 260, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    3. Maurseth, Per Botolf, 2001. "Convergence, geography and technology," Structural Change and Economic Dynamics, Elsevier, vol. 12(3), pages 247-276, September.
    4. Andrés Rodríguez-Pose & Callum Wilkie, 2018. "Strategies of gain and strategies of waste: What determines the success of development intervention?," Papers in Evolutionary Economic Geography (PEEG) 1826, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jul 2018.
    5. Alessandro STERLACCHINI & Francesco VENTURINI, 2006. "Is Europe becoming a knowledge-driven economy? Evidence from EU developed regions," Working Papers 253, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    6. Castellacci, Fulvio & Grodal, Stine & Mendonca, Sandro & Wibe, Mona, 2005. "Advances and challenges in innovation studies," MPRA Paper 27519, University Library of Munich, Germany.
    7. Sterlacchini, Alessandro, 2008. "R&D, higher education and regional growth: Uneven linkages among European regions," Research Policy, Elsevier, vol. 37(6-7), pages 1096-1107, July.
    8. Nyikos, Györgyi, 2013. "The Impact of Developments Implemented from Public Finances, with Special Regard to EU Cohesion Policy," Public Finance Quarterly, Corvinus University of Budapest, vol. 58(2), pages 163-183.
    9. Ang, James B. & Madsen, Jakob B. & Rabiul Islam, Md., 2011. "The effects of human capital composition on technological convergence," Journal of Macroeconomics, Elsevier, vol. 33(3), pages 465-476, September.
    10. Zisiadou, Argyro & Metaxas, Theodore, 2014. "The Mediterranean countries of European Union and their progress from 1980 to 2012: A comparative analysis," MPRA Paper 55029, University Library of Munich, Germany.
    11. Michele Capriati & Marialuisa Divella, 2017. "Why growth rates differ? Path of innovation in Italian provinces," Working Papers 1702, c.MET-05 - Centro Interuniversitario di Economia Applicata alle Politiche per L'industria, lo Sviluppo locale e l'Internazionalizzazione.
    12. V. Vandenberghe, 2018. "The Contribution of Educated Workers to Firms’ Efficiency Gains: The Key Role of Proximity to the ‘Local’ Frontier," De Economist, Springer, vol. 166(3), pages 259-283, September.
    13. Kong, Dongmin & Zhang, Bohui & Zhang, Jian, 2022. "Higher education and corporate innovation," Journal of Corporate Finance, Elsevier, vol. 72(C).
    14. Madsen, Jakob B., 2010. "The anatomy of growth in the OECD since 1870," Journal of Monetary Economics, Elsevier, vol. 57(6), pages 753-767, September.
    15. Keiichi Kishi, 2015. "Dynamic analysis of wage inequality and creative destruction," Journal of Economics, Springer, vol. 115(1), pages 1-23, May.
    16. Amable, Bruno & Ledezma, Ivan & Robin, Stéphane, 2016. "Product market regulation, innovation, and productivity," Research Policy, Elsevier, vol. 45(10), pages 2087-2104.
    17. Aghion, Philippe & Akcigit, Ufuk & Howitt, Peter, 2014. "What Do We Learn From Schumpeterian Growth Theory?," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 0, pages 515-563, Elsevier.
    18. Fulvio Castellacci, 2007. "Technological regimes and sectoral differences in productivity growth ," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 16(6), pages 1105-1145, December.
    19. Rosa Bernardini Papalia & Silvia Bertarelli, 2013. "Nonlinearities in economic growth and club convergence," Empirical Economics, Springer, vol. 44(3), pages 1171-1202, June.
    20. Riccardo Crescenzi & Andrés Rodríguez-Pose, 2012. "An ‘Integrated’ Framework For The Comparative Analysis Of The Territorial Innovation Dynamics Of Developed And Emerging Countries," Journal of Economic Surveys, Wiley Blackwell, vol. 26(3), pages 517-533, July.

    More about this item

    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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:urb:journl:v:9:y:2018:p:1-22. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Carmela Nicoletti (email available below). General contact details of provider: https://edirc.repec.org/data/deurbit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.