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Do Regions with Entrepreneurial Neighbours Perform Better? A Spatial Econometric Approach for German Regions
Pijnenburg K. and Kholodilin K. A. Do regions with entrepreneurial neighbours perform better? A spatial econometric approach for German regions, Regional Studies. A Neoclassical production function is used to analyse the effects of knowledge spillovers via entrepreneurship on economic performance of 337 German districts. To take the spatial dependence structure of the data into account, a spatial Durbin model was estimated. The importance of the choice of the appropriate weight matrix is highlighted. Positive knowledge spillover effects via entrepreneurship and competitiveness – improving the effects of entrepreneurship capital within a certain region as well as between regions – are found. However, the significance of the spatial spillover effects largely depends on the choice of the weight matrix. This is seen as evidence that positive and negative spatial spillover effects of entrepreneurship capital cancel out.
Do Regions with Entrepreneurial Neighbours Perform Better? A Spatial Econometric Approach for German Regions
Pijnenburg K. and Kholodilin K. A. Do regions with entrepreneurial neighbours perform better? A spatial econometric approach for German regions, Regional Studies. A Neoclassical production function is used to analyse the effects of knowledge spillovers via entrepreneurship on economic performance of 337 German districts. To take the spatial dependence structure of the data into account, a spatial Durbin model was estimated. The importance of the choice of the appropriate weight matrix is highlighted. Positive knowledge spillover effects via entrepreneurship and competitiveness – improving the effects of entrepreneurship capital within a certain region as well as between regions – are found. However, the significance of the spatial spillover effects largely depends on the choice of the weight matrix. This is seen as evidence that positive and negative spatial spillover effects of entrepreneurship capital cancel out.
Do Regions with Entrepreneurial Neighbours Perform Better? A Spatial Econometric Approach for German Regions
Pijnenburg, Katharina (author) / Kholodilin, Konstantin A. (author)
Regional Studies ; 48 ; 866-882
2014-05-04
17 pages
Article (Journal)
Electronic Resource
English
Entrepreneurship capital , Regional output , Spatial weight matrix , 创业资本 , 区域产出 , 空间权重矩阵 , Capital d'amorçage , Production régionale , Matrice de poids géographique , Unternehmertumskapital , Regionale Leistung , Räumliche Gewichtsmatrix , Capital empresarial , Rendimiento regional , Matriz de pesos espacial , C21 , M13 , R11
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