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Title:Comparing Investment and Employment Specialisation Patterns of EU Regions PDF Logo
Authors:Stirböck, Claudia
Issue Date:2004
Series/Report no.:ZEW Discussion Papers 04-43
Abstract:This study analyses relative sectoral specialisation of EU regions on the basis of investment and employment patterns. Controlling for heteroscedasticity and potential endogeneity in the econometric analysis, we find that relative specialisation in manufacturing sectors is higher in central regions. Relative specialisation in services sectors, instead, is stronger in administrative centres as well as peripheral regions. A higher local level of sectoral economies of scale and of productivity strongly increases relative investments in manufacturing sectors. Lower (higher) regional labour costs attract, in particular, higher relative employment shares in labour-intensive (human capital-intensive) sectors.
Subjects:Regional Specialisation
Sectoral Investments
Sectoral Employment
Cross-Section Time-Series Regressions
Document Type:Working Paper
Appears in Collections:ZEW Discussion Papers, Zentrum für Europäische Wirtschaftsforschung (ZEW)
Publikationen von Forscherinnen und Forschern des Zentrums für Europäische Wirtschaftsforschung (ZEW)

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