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Relatedness, diversification and economic performance at the regional level: differences between advantaged and less favoured
regions
in: Strategic Approaches to Regional Development
Buchbeiträge, Routledge, London–New York, Jänner 2019, S.204-226
Chapter 12, "Relatedness, diversification and economic performance at the regional level: differences between advantaged and
less favoured regions" (Johanna Vogel and Stefan Weingärtner) examines empirically the effect of regional diversification
patterns on economic performance in relation to the regional level of economic development in the European Union. It does
so using data for a panel of EU regions covering the period from 2008 to 2011. The aim is to investigate whether "related"
and "unrelated" diversification (variety) affect economically advantaged and less favoured regions differently, and thus to
provide insights for the EU's smart specialisation approach to cohesion policy. The findings highlight the growth-enhancing
impact of diversification into unrelated areas of activity in production and knowledge (unrelated variety) for economically
less favoured regions.
Forschungsbereich:Industrie-, Innovations- und internationale Ökonomie
Sprache:Englisch