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Title: Resources, scarcity, growth and the environment
Author: Ayres, Robert U.
Contributer: European Institute of Business Administration | Center for the Management of Environmental Resources | Europäische Kommission / Generaldirektion Umwelt
Year: 2001
Language: en
Ressource: Einzelne Berichte, Studien
Keyword: EU environmental policyEUeconometricsenvironmental policy
Subject: Environment. Natural resources
Countries Scheme: Europe. General Resources
Online Ressource: vorübergehend nicht erreichbar!
Bitte beachten Sie die urheberrechtlichen Bedingungen der Dokumentenbenutzung / Please observe the copyright when accessing the document | Quelle / Source: Europäische Kommission (http://europa.eu.int/)
Title: What makes regions in Eastern Europe catching up?
Title (other): The role of foreign investment, human resources and geography
Abstract
This paper analyses regional growth in eastern Europe in the second half of the 1990s, when regional disparities sharply increased. It aims to identify the factors behind growth and to investigate in particular the role of (foreign) investment, education and innovation as well as geographical factors in a model of economic growth. The key relationships are estimated with spatial econometric tools on empirical data for the period 1995-2000. The paper concludes that it was foreign direct investment and not capital accumulation as such, which was the main driving factor behind regional growth in eastern Europe. Second, there are clear agglomeration advantages and better resources (human capital, research, FDI) in capital areas, which make those regions growth leaders. In addition, EU border regions, where a large share of FDI is registered and intensive cross border relations have established, generally could enjoy higher growth. The location advantage of proximity to EU markets benefits these regions and puts others at a disadvantage. Third, one can observe regional clustering of growth: regions surrounded by high growth areas showed a high growth performance. Evidently, own innovation activity played an insignificant role for regional growth. By contrast technology transfer was the main source of productivity growth in Eastern European regions. Testing the technology gap model with human capital as a conditioning factor, the paper finds that this was a likely way of technology transfer. Above all, however, FDI has to be considered as a main channel of technology spillovers, the more so, if combined with human capital of higher level education. [Urheber s. Copyright]
Author: Tondl, Gabriele | Vuksic, Goran
Series Title: ZEI Working Paper; B03-12
Publisher: Zentrum für Europäische Integrationsforschung
Year: 2003
Language: en
Ressource: Einzelne Berichte, Studien
Keyword: foreign investmentEU expansioneconometricsEastern Europeregional policy
Subject: European Community funds and financial instruments. EIBDevelopment plans. Regions
Countries Scheme: Eastern Europe. General Resources
Online Ressource: vorübergehend nicht erreichbar!
Bitte beachten Sie die urheberrechtlichen Bedingungen der Dokumentenbenutzung / Please observe the copyright when accessing the document | Quelle / Source: Zentrum für Europäische Integrationsforschung (http://www.zei.de/)
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