Heterogeneity of Research and Development Expenditure: A Convergence Analysis for the Spanish Regions-Reference-Cited by-同舟云学术

Heterogeneity of Research and Development Expenditure: A Convergence Analysis for the Spanish Regions

Published:2022-12-30 Issue: Volume: Page:016001762211458
ISSN:0160-0176
Container-title:International Regional Science Review
language:en
Short-container-title:International Regional Science Review

Author:

Delgado Francisco J.¹^ORCID,Mayor Matías²^ORCID,Presno Maria J.³^ORCID

Affiliation:

1. Department of Economics, University of Oviedo, Spain, and GEN

2. Department of Applied Economics, University of Oviedo, Spain, and GEN

3. Department of Applied Economics, University of Oviedo, Spain

Abstract

In the present study, we investigate the convergence of research and development (R&D) expenditure, a relevant factor in competitiveness, across Spanish regions through a club convergence analysis for the period 2000 to 2017. The results show large regional disparities in R&D expenditure in Spain. We have identified four clusters, plus a divergent region: the Basque Country. The results are similar for the two perspectives considered: percentage of GDP and per capita. We discuss these results taking into account the effects of the Great Recession and compare the outcomes with those for a club convergence of regional GDP per capita. Finally, we carry out an ordered logit model to analyse the factors behind the clusters, with human capital and economic openness being significant.

Funder

Instituto de Estudios Fiscales

Publisher

SAGE Publications

Subject

General Social Sciences,General Environmental Science

Link

http://journals.sagepub.com/doi/pdf/10.1177/01600176221145882

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