Econometric modelling of the regional knowledge production function in Europe
采用半参数方法改进了传统区域知识生产函数,处理了内生性、非线性效应以及发达与落后地区的异质性,揭示了标准参数模型无法发现的非线性、门槛效应和复杂交互作用。
By adopting a semiparametric approach, the 'traditional' regional knowledge production function is developed in three complementary directions. First, the model is augmented with region-specific time trends to account for endogeneity due to selection on unobservables. Second, the nonparametric part of the model relaxes the standard assumptions of linearity and additivity regarding the effect of R&D and human capital. Finally, the assumption of homogeneity in the effects of R&D and human capital is also relaxed by explicitly accounting for the differences between developed and lagging regions. The analysis of the genesis of innovation in the regions of the European Union unveils nonlinearities, threshold effects, complex interactions and shadow effects that cannot be uncovered by standard parametric formulations