Advertisement

What Can We Learn From the “Integrated Approach” To Regional Development? The Impact of EU Infrastructure Investment

  • Riccardo CrescenziEmail author
  • Andrés Rodríguez-Pose
Chapter
  • 767 Downloads
Part of the Advances in Spatial Science book series (ADVSPATIAL)

Abstract

Previous chapters have been devoted to the development of a consistent framework for the analysis of regional growth dynamics. Innovation has been identified as the key engine of regional growth. However, the linear approach to the analysis of the translation of innovation into economic growth has been progressively broadened in order to explicitly take into account institutional and geographical factors. The empirical analyses that tested this “integrated” model for the genesis of regional growth confirmed its explanatory power and shed new light on the drivers of regional growth in Europe. In addition  Chap. 6 showed how an “integrated” approach can be successfully applied to the comparative analysis of regional innovative dynamics in Europe and the United States.

Keywords

Knowledge Spillover Innovative Activity Infrastructure Development Transport Infrastructure Infrastructure Investment 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

References

  1. Anselin L (2003) Spatial externalities, spatial multipliers and spatial econometrics. Int Reg Sci Rev 26(2):153–166CrossRefGoogle Scholar
  2. Aschauer DA (1989) Is public expenditure productive? J Monetary Econ 23(2):177–200CrossRefGoogle Scholar
  3. Audretsch DB, Feldman M (2004) Knowledge spillovers and the geography of innovation. In: Henderson JV, Thisse JF (eds) Handbook of urban and regional economics, vol 4. Elsevier, Amsterdam, pp 2713–2739Google Scholar
  4. Biehl D (1991) The role of infrastructure in regional development. In: Vickerman RW (ed) Infrastructure and regional development. Pion, London, UKGoogle Scholar
  5. Bilbao-Osorio B, Rodríguez-Pose A (2004) From R&D to innovation and economic growth in the EU. Growth Change 35:434–455CrossRefGoogle Scholar
  6. Button K (1998) Infrastructure investment, endogenous growth and economic convergence. Ann Reg Sci 32(1):145–162CrossRefGoogle Scholar
  7. Button K (2001) Transport policy. In: El-Agraa AM (ed) The European union: economics and policies. Prentice Hall Europe, Harlow, UKGoogle Scholar
  8. Canning D, Pedroni P (2004) The effect of infrastructure on long-run economic growth. Harvard University, MimeoGoogle Scholar
  9. Cantwell J, Iammarino S (2003) Multinational corporations and European regional systems of innovation. Routledge, LondonGoogle Scholar
  10. Chandra A, Thompson E (2000) Does public infrastructure affect economic activity? Evidence from the rural interstate highway system. Reg Sci Urban Econ 30(4):457–490CrossRefGoogle Scholar
  11. Cheshire PC, Hay DG (1989) Urban problems in Western Europe: an economic analysis. Unwin Hyman, LondonGoogle Scholar
  12. Cheshire PC, Magrini S (2002) The distinctive determinants of European urban growth: does one size fit all? In: Research papers in environmental and spatial analysis no. 73. Department of Geography and Environment, London School of EconomicsGoogle Scholar
  13. Cliff A, Ord JK (1972) Testing for spatial autocorrelation among regression residuals. Geogr Anal 4:267–284CrossRefGoogle Scholar
  14. Cohen W, Levinthal D (1990) Absorptive capacity: a new perspective on learning and innovation. Admin Sci Q 35:128–152CrossRefGoogle Scholar
  15. Crescenzi R (2005) Innovation and regional growth in the enlarged Europe: the role of local innovative capabilities, peripherality and education. Growth Change 36:471–507CrossRefGoogle Scholar
  16. Crescenzi R, Rodríguez-Pose A, Storper M (2007) The territorial dynamics of innovation: a Europe-United States comparative analysis. J Econ Geogr 7(6):673–709CrossRefGoogle Scholar
  17. Duranton J, Puga D (2003) Micro-foundation of urban agglomeration economies. In: Henderson VJ, Thisse JF (eds) Handbook of regional and urban economics Vol. 4 cities and geography. Elsevier, AmsterdamGoogle Scholar
  18. Elhorst JP (2010) Spatial panel data models. In: Fischer MM, Getis A (eds) Handbook of applied spatial analysis, Part 3. Springer-Verlag, Berlin, New York, pp 377–407CrossRefGoogle Scholar
  19. European Commission (2005a) Integrated guidelines for growth and jobs 2005–2008. COM(2005) 141 final2005/0057 (CNS)Google Scholar
  20. European Commission (2007a) Commission staff working document accompanying the green paper “The European Research Area: New Perspectives” COM(2007)161, BrusselsGoogle Scholar
  21. Evans P, Karras G (1994) Are government activities productive? Evidence from a panel of United States states. Rev Econ Stat 76(1):1–11CrossRefGoogle Scholar
  22. Fagerberg J, Verspagen B, Caniels M (1997) Technology, growth and unemployment across European regions. Reg Stud 31(5):457–466CrossRefGoogle Scholar
  23. Glaeser E, Kohlhase J (2004) Cities, regions and the decline of transport costs. Pap Reg Sci 83(1):197–228CrossRefGoogle Scholar
  24. Glomm G, Ravi-Kumar B (1994) Public investment in infrastructure in a simple growth model. J Econ Dyn Cont 18(6):1173–1187CrossRefGoogle Scholar
  25. Gramlich E (1994) Infrastructure investment: a review essay. J Econ Lit 32(3):1176–1196Google Scholar
  26. Griliches Z (1979) Issues in assessing the contribution of research and development to productivity growth. Bell J Econ 10(1):92–116CrossRefGoogle Scholar
  27. Grossman GM, Helpman E (1991) Innovation and growth in the global economy. MIT, Cambridge (MA)Google Scholar
  28. Holl A (2006) A review of the firm-level role of transport infrastructure with implications for transport project evaluation. J Plann Lit 21(1):3–14CrossRefGoogle Scholar
  29. Holtz-Eakin D (1993) Solow and the states. Capital accumulation, productivity, and economic growth. Natl Tax J 46(4):425–439Google Scholar
  30. Lee L, Yu J (2010) Estimation of spatial autoregressive panel data models with fixed effects. J Econometrics 154:165–185CrossRefGoogle Scholar
  31. Lewis BD (1998) The impact of public infrastructure on municipal economic development: empirical results from Kenya. Rev Urban Reg Dev Stud 10(2):142–155CrossRefGoogle Scholar
  32. Lundvall BÅ (1992) National systems of innovation: towards a theory of innovation and interactive learning. Pinter, LondonGoogle Scholar
  33. Malecki E (1997) Technology and economic development: the dynamics of local, regional and national competitiveness, 2nd edn. Addison Wesley Longman, LondonGoogle Scholar
  34. Martin P (1999a) Are European regional policies delivering? EIB Papers 4(2):10–23Google Scholar
  35. Martin P, Rogers CA (1995) Industrial location and public infrastructure. J Int Econ 39(3–4):335–351CrossRefGoogle Scholar
  36. Maurset PB, Verspagen B (1999) Europe: one or several systems of innovation? An analysis based on patent citations. In: Fagerberg J, Guerrieri P, Verspagnen B (eds) The economic challenge for Europe. Edward Elgar, CheltenhamGoogle Scholar
  37. Munnell AH (1990) How does public infrastructure affect regional economic performance? New England Economic Review, September, pp. 11–32Google Scholar
  38. Neary JP (2001) Of hype and hyperbolas: introducing the new economic geography. J Econ Lit 39(2):536–561CrossRefGoogle Scholar
  39. Puga D (2002) European regional policy in the light of recent location theories. J Econ Geogr 2:373–406CrossRefGoogle Scholar
  40. Puhani AP (2001) Labour mobility – an adjustment mechanism in Euroland? Empirical evidence for Western Germany, France, and Italy. Ger Econ Rev 2(2):127–140CrossRefGoogle Scholar
  41. Rodríguez-Pose A (1998a) The dynamics of regional growth in Europe: social and political factors. Oxford University Press, New YorkGoogle Scholar
  42. Rodríguez-Pose A (1999) Innovation prone and innovation averse societies. Economic performance in Europe. Growth Change 30:75–105CrossRefGoogle Scholar
  43. Rodríguez-Pose A, Crescenzi R (2008) R&D, spillovers, innovation systems and the genesis of regional growth in Europe. Reg Stud 42(1):51–67CrossRefGoogle Scholar
  44. Rodríguez-Pose A, Fratesi U (2004) Between development and social policies: the impact of structural funds in objective 1 regions. Reg Stud 38(1):97–114CrossRefGoogle Scholar
  45. Rosenthal S, Strange WC (2003) Geography, industrial organisation, and agglomeration. Rev Econ Stat 85(2):377–393CrossRefGoogle Scholar
  46. Seitz H (1995) The productivity and supply of urban infrastructures. Ann Reg Sci 29(2):121–141CrossRefGoogle Scholar
  47. Seitz H, Licht G (1995) The impact of public infrastructure capital on regional manufacturing cost. Reg Stud 29(3):231–240CrossRefGoogle Scholar
  48. Sonn JW, Storper M (2008) The increasing importance of geographical proximity in technological innovation: an analysis of US patent citations, 1975–1997. Environ Plann A 40(5):1020–1039CrossRefGoogle Scholar
  49. Vanhoudt P, Mathä T, Smid B (2000) How productive are capital investments in Europe? EIB Papers 5(2):81–106Google Scholar
  50. Vickerman RW (1995) Regional impacts of Trans-European Networks. Ann Reg Sci 29(2):237–254CrossRefGoogle Scholar
  51. Vickerman R, Spiekermann K, Wegener M (1997) Accessibility and economic development in Europe. Reg Stud 33(1):1–15CrossRefGoogle Scholar
  52. Wooldridge JM (2002) Econometric analysis of cross section and panel data. MIT, Cambridge (MA), USAGoogle Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 2011

Authors and Affiliations

  1. 1.Geography and EnvironmentLondon School of EconomicsLondonUK
  2. 2.IMDEA Social SciencesMadridSpain

Personalised recommendations