What drives total factor productivity growth? An examination of spillover effects
研究了190个欧洲区域中区域特征（尤其是知识溢出）对全要素生产率增长的作用，发现全要素生产率溢出效应、研发支出、文化价值观和治理质量有直接影响，且区域社会对进步的开放性是有效利用现有知识的前提。
This study analyses the role of regional characteristics, particularly regional knowledge spillovers, as drivers of total factor productivity (TFP) growth in 190 European regions. A new modelling approach for knowledge spillovers that is different from the commonly used neighbourhood matrices is proposed. Therefore, by estimating the impact of drivers on TFP growth, findings reveal a strong direct effect of TFP spillovers alongside factors such as research and development (R&D) spending, cultural values or perceived quality of governance. However, the results also show that the openness of regional society to progress is a prerequisite for the effective use of existing knowledge.