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| Title: | | Comparing Investment and Employment Specialisation Patterns of EU Regions  |
| 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 |
| JEL: | | F2 C30 F15 R12 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des ZEW ZEW Discussion Papers
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