Causal relations between knowledge-intensive business services and regional employment growth
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-marke...
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Published in | Regional studies Vol. 52; no. 2; pp. 172 - 183 |
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Main Authors | , , , , |
Format | Journal Article |
Language | English |
Published |
Cambridge
Routledge
01.02.2018
Taylor & Francis Ltd |
Subjects | |
Online Access | Get full text |
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Summary: | 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. |
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ISSN: | 0034-3404 1360-0591 |
DOI: | 10.1080/00343404.2016.1265104 |