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Knowledge Spillovers and Economic Growth

Author

Listed:
  • André van Stel

    (Erasmus University Rotterdam, and EIM Business and Policy Research, Zoetermeer)

  • Henry Nieuwenhuijsen

    (Dutch Ministry of Social Affairs and Employment)

Abstract

The importance of knowledge spillovers for achieving innovation and economic growth is widely recognized. It is not straightforward which type of spillovers is most effective: intra-sectoral spillovers or inter-sectoral spillovers. We investigate this controversy using a model of regional growth. The model also deals with the impact of local competition on innovation and growth. The model is estimated using sectoral data for 40 Dutch regions in the period 1987-1995. We find that local competition is important particularly for economic growth in industry sectors (manufacturing and construction), while diversity, a proxy for inter-sectoral spillovers, is important particularly for growth in service sectors. We find no effect for specialization (a proxy for intra-sectoral spillovers).

Suggested Citation

  • André van Stel & Henry Nieuwenhuijsen, 2002. "Knowledge Spillovers and Economic Growth," Tinbergen Institute Discussion Papers 02-051/3, Tinbergen Institute.
    • Handle: RePEc:tin:wpaper:20020051
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    References listed on IDEAS

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    Cited by:

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    3. Harashima, Taiji, 2010. "An Asymptotically Non-Scale Endogenous Growth Model," MPRA Paper 26025, University Library of Munich, Germany.
    4. Xuan Vinh Vo, Thi Tuan Anh Tran and Van Thang Nguyen, 2020. "Investigating the Economic Relationship between Provinces in Vietnam:A Spatial Regression Approach," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 45(1), pages 47-60, March.

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    More about this item

    Keywords

    knowledge spillovers; innovation; economic growth; industry structure;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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