Regional spillovers, economic growth, and the effects of economic integration

Regional spillovers, economic growth, and the effects of economic integration

We explore the impact of spillovers of knowledge across national borders for economic growth. Although we find that increasing the extent of economic integration is growth-enhancing, the largest gains result from national economic coordination rather than global economic integration.

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Bibliographische Detailangaben
Veröffentlicht in:Economics letters 2004-10, Vol.85 (1), p.35-42
Hauptverfasser: Holod, Dmytro, Reed, Robert R.
Format: Artikel
Sprache:eng
Schlagworte:
Economic growth
Economic integration
Endogenous growth
Knowledge
Knowledge spillovers
Spillovers
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Beschreibung
Zusammenfassung:We explore the impact of spillovers of knowledge across national borders for economic growth. Although we find that increasing the extent of economic integration is growth-enhancing, the largest gains result from national economic coordination rather than global economic integration.
ISSN:0165-1765
1873-7374
DOI:10.1016/j.econlet.2004.03.016