As Europe is currently characterized by huge disparities in the economic performance of “old” and “new” States, we investigate whether this is the result of local agglomeration - specialization and diversity - externalities. Our spatial econometric analysis focuses on total factor productivity dynamics over the period 1996-2007 for 13 industries located in 276 European regions. Consistently with the “nursery cities” theory, we find that diversity exerts a positive effect in the knowledge intensive services of the “old” Europe urban areas, while specialization is still effective in the “new” Europe low-tech manufacturing. Human and technological capital have also a positive impact.

Productivity growth in the Old and New Europe: the role of agglomeration externalities

Marrocu, E.;Paci, R.;Usai, S.
2013

Abstract

As Europe is currently characterized by huge disparities in the economic performance of “old” and “new” States, we investigate whether this is the result of local agglomeration - specialization and diversity - externalities. Our spatial econometric analysis focuses on total factor productivity dynamics over the period 1996-2007 for 13 industries located in 276 European regions. Consistently with the “nursery cities” theory, we find that diversity exerts a positive effect in the knowledge intensive services of the “old” Europe urban areas, while specialization is still effective in the “new” Europe low-tech manufacturing. Human and technological capital have also a positive impact.
Agglomeration externalities; local industry growth; nursery cities; total factor productivity
File in questo prodotto:
File Dimensione Formato  
Marrocu-Paci-Usai JORS 2013.pdf

Solo gestori archivio

Tipologia: versione editoriale
Dimensione 170.87 kB
Formato Adobe PDF
170.87 kB Adobe PDF   Visualizza/Apri   Richiedi una copia

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11584/95351
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 96
  • ???jsp.display-item.citation.isi??? 82
social impact