Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/87199
Authors: 
Caragliu, Andrea
Nijkamp, Peter
Year of Publication: 
2011
Series/Report no.: 
Tinbergen Institute Discussion Paper 11-116/3
Abstract: 
Knowledge triggers regional growth. Evidence suggests that skilled labour force concentrates in islands of innovation, determining an advantage for innovative regions and a challenge for lagging ones. We address the role of knowledge in shaping effective markets for skilled labour. Estimates are based on the Lucas (1988) model, with EVS and EUROSTAT data. The externality driving growth in the model is cognitive capital. Empirical tests show that a higher endowment of cognitive capital generates increasing returns to knowledge, favouring the emergence of islands of innovation; regions with a high endowment of cognitive capital attract knowledge spillovers from neighbours.
Subjects: 
human capital
cognitive capital
knowledge spillovers
islands of innovation
JEL: 
C21
E24
R11
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size
310.5 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.