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Comparing Investment and Employment Specialisation Patterns of EU Regions

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  • Stirböck, Claudia

Abstract

This study analyses relative sectoral specialisation of EU regions on the basis of investment and employment patterns. Controlling for heteroscedasticity and potential endogeneity in the econometric analysis, we find that relative specialisation in manufacturing sectors is higher in central regions. Relative specialisation in services sectors, instead, is stronger in administrative centres as well as peripheral regions. A higher local level of sectoral economies of scale and of productivity strongly increases relative investments in manufacturing sectors. Lower (higher) regional labour costs attract, in particular, higher relative employment shares in labour-intensive (human capital-intensive) sectors.

Suggested Citation

  • Stirböck, Claudia, 2004. "Comparing Investment and Employment Specialisation Patterns of EU Regions," ZEW Discussion Papers 04-43, ZEW - Leibniz Centre for European Economic Research.
    • Handle: RePEc:zbw:zewdip:2039
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    References listed on IDEAS

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    Cited by:

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    2. Cornelius Bähr & Ulrike Stierle‐von Schütz & Matthias Wrede, 2007. "Dezentralisierung in den EU‐Staaten und räumliche Verteilung wirtschaftlicher Aktivitäten," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 8(2), pages 110-129, March.
    3. Ulrike Stierle-von Schütz, 2005. "Fiscal Design and the Location of Economic Activity," ERSA conference papers ersa05p539, European Regional Science Association.

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    More about this item

    Keywords

    Regional Specialisation; Sectoral Investments; Sectoral Employment; Cross-Section Time-Series Regressions;
    All these keywords.

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
    • F15 - International Economics - - Trade - - - Economic Integration
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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