The Dynamics of European Industrial Structure
2004 (English)In: Review of World Economics, ISSN 1610-2878, E-ISSN 1610-2886, Vol. 140, no 4, 665-687 p.Article in journal (Refereed) Published
Has the European integration process lead to increased specializationand what drives changes in countries' specialization? To address these questionswe apply a model that incorporates endowments, technology and increasing returnsto scale. Analysis reveals that countries with high capital accumulation havebecome increasingly specialized in capital-intensive industries; this holds for bothhuman and physical capital. No general tendency towards increased specializationis found with the exception o f capital-intensive industries. Analysis indicates scaleeconomies in R&D at the firm level and that R&D at the firm level drives productivityand competitiveness.
Place, publisher, year, edition, pages
Springer, 2004. Vol. 140, no 4, 665-687 p.
Specialization, trade, R&D, technology, technology transfers
IdentifiersURN: urn:nbn:se:kth:diva-74790DOI: 10.1007/BF02659619ISI: 000226603100006OAI: oai:DiVA.org:kth-74790DiVA: diva2:490019
QC 201203022012-02-032012-02-032012-03-02Bibliographically approved