Arbeitspapier

Explaining the Level of Relative Investment Specialisation: A Spatial Econometric Analysis of EU Regions

This paper analyses the level of relative specialisation in terms of gross fixed capital formation in EU regions. Larger market and regional sizes diminish; a higher unemployment rate, population density, the fact of being a central region, the distance to the economic centre, and economic liberalisation increase the level of specialisation. These results are not sensitive to differing formulations of the specialisation indicator. Accounting for spatial dependence by the use of spatial econometric tools, negative spatial interactions probably due to data inconsistencies are present. However, the results of classical econometric estimates are robust.

Sprache
Englisch

Erschienen in
Series: ZEW Discussion Papers ; No. 02-49

Klassifikation
Wirtschaft
Size and Spatial Distributions of Regional Economic Activity
Multiple or Simultaneous Equation Models; Multiple Variables: General
Economic Integration
Thema
Economic Geography
Regional Economics
Capital Allocation
Spatial Econometric Analysis
Regionale Arbeitsteilung
Internationale Arbeitsteilung
Investition
Branche
Neue ökonomische Geographie
Schätzung
EU-Staaten

Ereignis
Geistige Schöpfung
(wer)
Stirböck, Claudia
Ereignis
Veröffentlichung
(wer)
Zentrum für Europäische Wirtschaftsforschung (ZEW)
(wo)
Mannheim
(wann)
2002

Handle
Letzte Aktualisierung
12.07.2024, 13:21 MESZ

Objekttyp

  • Arbeitspapier

Beteiligte

  • Stirböck, Claudia
  • Zentrum für Europäische Wirtschaftsforschung (ZEW)

Entstanden

  • 2002

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