Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/124550 
Year of Publication: 
2014
Series/Report no.: 
54th Congress of the European Regional Science Association: "Regional development & globalisation: Best practices", 26-29 August 2014, St. Petersburg, Russia
Publisher: 
European Regional Science Association (ERSA), Louvain-la-Neuve
Abstract: 
This paper aims to identify the contribution of knowledge capital and its determinant - human capital - to total factor productivity differences among regions within a regression framework in general and the impact of their spillovers on regional total factor productivity in particular. The focus is laid on interregional spillovers between the Western and Eastern EU and namely, within the triangle of capital regions Vienna-Budapest-Bratislava. The results challenge some previous empirical studies in the sense that once the human capital is accounted for, the significance and magnitude of spillovers from conventional reservoirs of knowledge - patent stocks - falls. Vienna appears to be the largest contributor to the productivity increases in Bratislava. Budapest's productivity seems to be sensitive to knowledge and human capital endowments of EU, but not those of Vienna.
Subjects: 
knowledge capital
knowledge spillover
human capital
human capital spillover
total factor productivity
spatial panel
JEL: 
O33
O47
R12
Document Type: 
Conference Paper

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