Globalization and endogenous regional growth
The aim of this paper is to analyze the endogenous factors allowing regions to compete successfully in a globalized economy. These factors are expected to vary across different groups of regions, due to their different specialization and different endowment of structural connections with the world; for this reason, our analysis is conducted for all regions of Europe but also by groups, by considering separately regions with specialization in the most performing sectors and an high endowment of connections (â€šÃ„Ã²global playersâ€šÃ„Ã´) and regions with the right specialization in the most performing sectors but little endowed with connections (â€šÃ„Ã²regional playersâ€šÃ„Ã´). We expect the role of other regions to be marginal, since they donâ€šÃ„Ã´t have the features to compete in the global economy and their growth will hence be pulled by exogenous factors. As a first step in the analysis, we will use descriptive statistical analysis to evidence the characteristics of regions which have successfully confronted with globalization. For global players and regional players separately, we will evidence which structural characteristics are significantly different for those regions which have on average outperformed the others in the two economic indicators of employment growth and productivity growth (which makes them also have an higher than average GDP growth). Moreover, a cluster analysis on structural features and past performance will allow us to identify common structure and behaviors among groups of global players and regional players. The second step of the analysis will involve the use of explicative econometric techniques to identify which structural characteristics have determined the higher performance of some regions with respect to others, despite belonging to the same category. We will hence regress regional performances on a number of globalization-related variables, such as regional FDI investment, functional upgrading, sectoral structural restructuring, innovation capability, infrastructure endowment. The paper will conclude with the policy implications coming from this work, which we expect to be differentiated for different groups of regions, able to play a different role in the global economy.
|Date of creation:||Sep 2011|
|Date of revision:|
|Contact details of provider:|| Postal: Welthandelsplatz 1, 1020 Vienna, Austria|
Web page: http://www.ersa.org
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Bode, Eckhardt & Krieger-Boden, Christiane & Siedenburg, Florian & Soltwedel, Rüdiger, 2005. "European Integration, regional structural change and cohesion in France," Open Access Publications from Kiel Institute for the World Economy 3764, Kiel Institute for the World Economy (IfW).
- Damien Neven & Claudine Gouyette & Jean Pisani-Ferry, 1994. "European Integration and Regional Growth," Revue Économique, Programme National Persée, vol. 45(3), pages 703-713.
- Melissa Osborne & Herbert Gintis & Samuel Bowles, 2001. "The Determinants of Earnings: A Behavioral Approach," Journal of Economic Literature, American Economic Association, vol. 39(4), pages 1137-1176, December.
- Alberto Alesina & Eliana La Ferrara, .
"Participation in Heterogeneous Communities,"
151, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- La Ferrara, Eliana & Alesina, Alberto, 2000. "Participation in Heterogeneous Communities," Scholarly Articles 4551796, Harvard University Department of Economics.
- Alberto Alesina & Eliana La Ferrara, 2000. "Participation in Heterogeneous Communities," The Quarterly Journal of Economics, Oxford University Press, vol. 115(3), pages 847-904.
When requesting a correction, please mention this item's handle: RePEc:wiw:wiwrsa:ersa10p677. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Gunther Maier)
If references are entirely missing, you can add them using this form.