Keywords
human capital
technology intensity
spatial analysis
How to Cite
Accepted 2018-06-10
Published 2018-06-10
Abstract
In this study, we develop an empirical analysis of the pattern of growth in one of the Italian best performing regions—the Veneto region—focusing mainly on the role played by human capital employed in sectors with different technological intensities. To do so, we build up an original dataset by merging data available at a very local level (Local Labour Systems-LLS) with our elaborations on data from an employee-employer dataset made available by the Local Labour Agency. The latter dataset includes all employment spells in the Veneto region. This original datasets are used to construct aggregate variables and to estimate growth equations for the cross-section of the Venetian LLSs. The results underline how growth in the Veneto region is positively affected by human capital employed in medium and medium-low technology industries.
References
Acemoglu, D., Aghion P., & Zilibotti, F. (2006). Distance to frontier, selection, and economic growth. Journal of the Economic Association, 4, 37-74. DOI: 10.1162/jeea.2006.4.1.37.
Aghion, P., & Howitt, P. (1992). A model of growth through creative destruction. Econometrica, 60, 323-351. DOI: 10.3386/w3223.
Anselin, L. (1988). Spatial econometrics: methods and models. Boston, Kluwer Academic Publishers.
Bank of Italy (2009). L’economia del Veneto nell’anno 2008. Venezia, Bank of Italy.
European Commission (2010). EUROPE 2020 A strategy for smart, sustainable and inclusive growth. Brussels, European Commission.
Cappelen, A., Castellacci, F., Fagerberg, J., & Verspagen, B. (2003). The impact of EU regional support on growth and convergence in the European Union. Journal of Common Market Studies, 41, 621-644. DOI: 10.1111/1468-5965.00438.
Cappelen, A., Fagerberg, J., & Verspagen, B. (1999). Lack of Regional Convergence. In J. Fagerberg, P. Guerrieri & B. Verspagen (Eds), The Economic Challenge for Europe. Adapting to Innovation Based Growth. Cheltenham, Edward Elgar Publishing.
Dunford, M., & Smith, A. (2002). Catching up or falling behind? Economic performance and the trajectories of economic development in an enlarged Europe. Economic Geography, 76, 169-195. DOI: 10.1111/j.1944-8287.2000.tb00139.x.
European Commission (2009). Europe’s regional research systems: urrent trends and structures. Luxembourg, Office for Official Publications af the European Communities.
Hauknes, J. & Knell, M. (2009). Embodied knowledge and sector linkages: an input-output approach to the interaction of high- and low-tech industries. Research Policy, 38, 459-469. DOI: 10.1016/j.respol.2008.10.012.
ISTAT (2001). General Census of Population 2001. Rome, ISTAT. web: dawinci.istat.it/MD/index.html.
ISTAT (2008). Valore aggiunto e occupati interni per Sistema Locale del Lavoro. Anni 2001-2005, Rome, ISTAT.
LeSage, J.P., & Kelley Pace, R. (2004). Spatial and spatiotemporal econometrics. Amsterdam, Elsevier.
Maurizio, D. (2006). GIOVE: Un database statistico sul mercato del lavoro Veneto. Costruzione e indicazioni per l’utilizzo. I Tartufi, 22.
OECD (2003). The Sources of Economic Growth in OECD Countries. Paris, OECD.
OECD (2004). Using patent data as science and technology indicators – patent manual 1994. OECD/GD, 94, 114.
Regione Veneto (2009). Statistical Report, Venezia, Regione Veneto.
Regione Veneto (2010). Statistical Report. Venezia, Regione Veneto.
Robertson, P., Smith, K., & von Tunzelmann, N. (2009). Innovation in low- and medium-technology industries. Research Policy, 38, 441-446. DOI: 10.1016/j.respol.2008.10.019.
Romer, P.M. (1990). Endogenous technological change. Journal of Political Economy, 98, 71-102. DOI: 10.3386/w3210.
Stevens, P., & Weale, M. (2004). Education and Economic Growth. In G. Johmes & J. Johnes (eds), International Handbook on the Economics of Education. Cheltenham, Edward Elgar Publishing.
Trigilia, C., & Ramella, F. (Eds.) (2008). Il Rapporto 2008. I Rapporti di Artimino sullo Sviluppo Locale.
Vandenbussche, J., Aghion, P., & Meghir, C. (2006). Growth, distance to frontier and composition of human capital. Journal of Economic Growth, 11, 97-127. DOI: 10.1007/s10887-006-9002-y.
This work is published under a Creative Commons Attribution 4.0 International License.