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Trade, Human Capital and Innovation: The Engines of European Regional Growth in the 1990s

In: European Regional Growth

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  • Harald Badinger

    (Vienna University of Economics and Business Administration)

  • Gabriele Tondl

    (Vienna University of Economics and Business Administration)

Abstract

Regional disparities have been a major policy concern in the European Union, in particular since its Southern enlargement. Widely known as the Union’s cohesion problem, it gave rise to the implementation of EU regional policy supported by substantial financial assistance from the Union’s budget. Although regional disparities have shown a tendency to decrease gradually, the regional convergence process has been interrupted several times. After the post 1975 period of divergence, a period of convergence set in with the accession of Southern countries to the EU and the warm-up phase of the EU’s Internal Market 1986–1992. Thereafter, growth developments of the 1990s again suggest a modest convergence.

Suggested Citation

  • Harald Badinger & Gabriele Tondl, 2003. "Trade, Human Capital and Innovation: The Engines of European Regional Growth in the 1990s," Advances in Spatial Science, in: Bernard Fingleton (ed.), European Regional Growth, chapter 7, pages 215-239, Springer.
  • Handle: RePEc:spr:adspcp:978-3-662-07136-6_8
    DOI: 10.1007/978-3-662-07136-6_8
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    More about this item

    Keywords

    Human Capital; Innovation Activity; Public Capital; Technology Spillover; Spatial Weighting Matrix;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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