Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/156659 
Year of Publication: 
2016
Series/Report no.: 
WIFO Working Papers No. 511
Publisher: 
Austrian Institute of Economic Research (WIFO), Vienna
Abstract: 
Empirical results on the link between growth and diversity in (un)related industries proved to be highly dependent on the specific regional and temporal context. Making use of highly disaggregated employment data at the sub-regional level, we find that higher employment growth in Austria is mainly linked to unrelated variety. However, in-depth analyses by sectors and regional regimes illustrate substantial heterogeneity in the results, mainly driven by the service sector and by a large number of relatively small regions. Thus, our results argue against structural policy conclusions based on assessments across all economic sectors or different types of regions.
Subjects: 
related variety
specialization
knowledge spillovers
employment growth
structural policy
JEL: 
D62
J24
O33
R11
R58
Document Type: 
Working Paper

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