Spatio-temporal determinants of the structural and productive transformation of regions in Central and East European countries |
| |
Authors: | Nebojša Stojčić Zoran Aralica Ivan-Damir Anić |
| |
Affiliation: | 1. University of Dubrovnik, Department of Economics and Business Economics, Croatia;2. The Institute of Economics Zagreb, Croatia |
| |
Abstract: | This paper investigates the determinants of the structural (between-sectoral) and productive (within-sectoral) transformation of 56 NUTS2 regions in Central and East European (CEE) countries over the 2008–2014 period. Over the analysed period, a transformation of the analysed regions has taken place towards the tertiary sector and high value-added activities. The results from a spatial panel Durbin analysis reveal the existence of product-space linkages and point to a productive transformation towards high technology-intensive activities as an important driver of industrial development. Equal access to digital infrastructure in urban and rural areas and transfer of skills, knowledge and resources through the inflow of foreign investment and imports of production inputs increase the contribution of manufacturing to regional employment. The effect of profit tax reductions on the share of manufacturing employment is about five times larger than the effect of government subsidies to production. |
| |
Keywords: | Corresponding author. L16 O14 R11 Productive transformation Structural transformation Regions Spatial analysis |
本文献已被 ScienceDirect 等数据库收录! |