Nonlinear Effects of Human Capital and R&D on TFP: Evidence from European Regions

被引:16
作者
Kijek, Arkadiusz [1 ]
Kijek, Tomasz [1 ]
机构
[1] Marie Curie Sklodowska Univ, Fac Econ, PL-20031 Lublin, Poland
关键词
human capital; R&D; TFP; regions; TOTAL FACTOR PRODUCTIVITY; ENDOGENOUS GROWTH; ECONOMIC-DEVELOPMENT; FACES; MODEL; DETERMINANTS; INNOVATION; QUALITY; EXTERNALITIES; CONVERGENCE;
D O I
10.3390/su12051808
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
The aim of the paper is to study the impact of human capital and R&D on Total Factor Productivity (TFP) from a nonlinear perspective. In the spirit of the theory of innovation-driven growth and models with thresholds in human capital and low-growth equilibria, we hypothesize that the impact of human capital and R&D on TFP is nonlinear. We also make an attempt to explain complementarities between R&D expenditures and human capital, applying developments in the R&D-based growth models. We use spatial panel data models to estimate the link among R&D, human capital, and TFP across the European regions between 2009 and 2014. Empirical evidence shows that there are decreasing returns to human capital and R&D in the European regional space. Moreover, R&D and human capital turn out to be strategic complements. Finally, regional TFP is found to be positively affected by TFP of neighboring regions.
引用
收藏
页码:1 / 14
页数:14
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