文章基本信息

标题：Nonlinear Effects of Human Capital and Ramp;D on TFP: Evidence from European Regions
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作者：Arkadiusz Kijek ; Tomasz Kijek
期刊名称：Sustainability
印刷版ISSN：2071-1050
出版年度：2020
卷号：12
期号：5
页码：1808
DOI：10.3390/su12051808
语种：English
出版社：MDPI, Open Access Journal
摘要：The aim of the paper is to study the impact of human capital and Ramp;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 Ramp;D on TFP is nonlinear. We also make an attempt to explain complementarities between Ramp;D expenditures and human capital, applying developments in the Ramp;D-based growth models. We use spatial panel data models to estimate the link among Ramp;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 Ramp;D in the European regional space. Moreover, Ramp;D and human capital turn out to be strategic complements. Finally, regional TFP is found to be positively affected by TFP of neighboring regions.