Economic Growth, Convergence and Innovation in the EU Regions

Autor:	Tiiu Paas, Triin Vahi
Jazyk:	German<br />English<br />Estonian
Rok vydání:	2012
Předmět:	regional disparities convergence innovation policy implications Economics as a science HB71-74
Zdroj:	Eesti Majanduspoliitilised Väitlused, Vol 20, Iss 1 (2012)
Druh dokumentu:	article
ISSN:	1736-5597 2228-1878 93318359
DOI:	10.15157/tpep.v20i1.777
Popis:	The paper focuses on quantitative assessment of the innovation’s role in explaining regional disparities and convergence in Europe. The empirical part of the study bases on the regional GDP pc and innovation indicators on the EU-27 NUTS2 level regions. Based on the selected set of initial regional innovation indicators and using the principal components factor analysis method, three composite indicators of regional innovation capacity are extracted. Estimating convergence equations, we noticed that regional innovations tend to increase inter-regional differences, at least during the short-run period. Thus, if regional income convergence is a policy target, additional policy measures beside innovation activities should be effectively implemented.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/617b5048c6614a759a21b9331835901d Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF