J_Econ_Geogr-2014-Meliciani-jeg-lbt038.pdf (519.02 kB)
The determinants of regional specialisation in business services: agglomeration economies, vertical linkages and innovation
journal contribution
posted on 2023-06-08, 16:43 authored by Valentina Meliciani, Maria SavonaMaria SavonaThe article accounts for the determinants of sectoral specialisation in business services (BS) across the EU-27 regions as determined by: (i) agglomeration economies (ii) the region-specific structure of intermediate linkages (iii) technological innovation and knowledge intensity and (iv) the presence of these factors in neighbouring regions. The empirical analysis draws upon the REGIO panel database over the period 1999–2003. By estimating a Spatial Durbin Model, we find significant spatial effects in explaining regional specialisation in BS. Our findings show that, besides urbanisation economies, the spatial structure of intermediate sectoral linkages and innovation, in particular Information and Communication Technologies (ICTs), are important determinants of specialisation in BS. The article contributes to the debate on the global versus local determinants of regional specialisation in BS by restating the importance of the regional sectoral structure besides that of urbanisation. We draw policy implications by rejecting the ‘footloose hypothesis’ for BS.
History
Publication status
- Published
File Version
- Published version
Journal
Journal of Economic GeographyISSN
1468-2702Publisher
Oxford University PressExternal DOI
Issue
2Volume
15Page range
387-416Department affiliated with
- SPRU - Science Policy Research Unit Publications
Full text available
- Yes
Peer reviewed?
- Yes
Legacy Posted Date
2014-02-17First Open Access (FOA) Date
2014-07-31First Compliant Deposit (FCD) Date
2014-07-31Usage metrics
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