Causal relations between knowledge-intensive business services and regional employment growth
(2018) In Regional Studies 52(2). p.172-183- Abstract
Causal relations between knowledge-intensive business services and regional employment growth. Regional Studies. This paper studies the causal relations between regional employment growth in knowledge-intensive business services (KIBS) and overall regional employment growth using German labour-market data for 1999–2012. Adopting a recently developed technique, it uses a structural vector autoregressive model in which the causal directions between KIBS and other sectors are examined including various time lags. Results show that although regional growth has a negative short-term effect on KIBS, KIBS growth has a long-term positive effect on the whole regional economy. This confirms the claim that KIBS can play a key role in regional... (More)
Causal relations between knowledge-intensive business services and regional employment growth. Regional Studies. This paper studies the causal relations between regional employment growth in knowledge-intensive business services (KIBS) and overall regional employment growth using German labour-market data for 1999–2012. Adopting a recently developed technique, it uses a structural vector autoregressive model in which the causal directions between KIBS and other sectors are examined including various time lags. Results show that although regional growth has a negative short-term effect on KIBS, KIBS growth has a long-term positive effect on the whole regional economy. This confirms the claim that KIBS can play a key role in regional policies.
(Less)
- author
- Brenner, Thomas ; Capasso, Marco ; Duschl, Matthias ; Frenken, Koen LU and Treibich, Tania
- organization
- publishing date
- 2018-02
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- financial geography, growth spillovers, industrial dynamics, knowledge-intensive business services (KIBS), regional employment growth
- in
- Regional Studies
- volume
- 52
- issue
- 2
- pages
- 172 - 183
- publisher
- Taylor & Francis
- external identifiers
-
- scopus:85012886713
- ISSN
- 0034-3404
- DOI
- 10.1080/00343404.2016.1265104
- language
- English
- LU publication?
- yes
- id
- b7f9f38c-a2c9-4e26-bc92-61fa7850d838
- date added to LUP
- 2017-02-27 10:36:31
- date last changed
- 2024-01-13 15:41:04
@article{b7f9f38c-a2c9-4e26-bc92-61fa7850d838, abstract = {{<p>Causal relations between knowledge-intensive business services and regional employment growth. Regional Studies. This paper studies the causal relations between regional employment growth in knowledge-intensive business services (KIBS) and overall regional employment growth using German labour-market data for 1999–2012. Adopting a recently developed technique, it uses a structural vector autoregressive model in which the causal directions between KIBS and other sectors are examined including various time lags. Results show that although regional growth has a negative short-term effect on KIBS, KIBS growth has a long-term positive effect on the whole regional economy. This confirms the claim that KIBS can play a key role in regional policies.</p>}}, author = {{Brenner, Thomas and Capasso, Marco and Duschl, Matthias and Frenken, Koen and Treibich, Tania}}, issn = {{0034-3404}}, keywords = {{financial geography; growth spillovers; industrial dynamics; knowledge-intensive business services (KIBS); regional employment growth}}, language = {{eng}}, number = {{2}}, pages = {{172--183}}, publisher = {{Taylor & Francis}}, series = {{Regional Studies}}, title = {{Causal relations between knowledge-intensive business services and regional employment growth}}, url = {{http://dx.doi.org/10.1080/00343404.2016.1265104}}, doi = {{10.1080/00343404.2016.1265104}}, volume = {{52}}, year = {{2018}}, }