Papers in Evolutionary Economic Geography # 16.10 Quality of government and social capital as drivers of regional diversification in Europe
Papers in Evolutionary Economic Geography # 16.10 Quality of government and social capital as drivers of regional diversification in Europe
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发表时间：
2016
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通讯作者：
N. Cortinovis;Jing Xiao;R. Boschma;F. Oort
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作者：
N. Cortinovis;Jing Xiao;R. Boschma;F. Oort
工业多样化被认为是经济繁荣的关键。最近的研究表明，区域经济体倾向于多样化，进入与本区域现有经济体相关的部门。然而，还没有研究调查区域机构的影响。本文的目的是通过分析正式制度和非正式制度如何影响区域多元化，来整合相关多元化和制度的文献。通过分析2004年至2012年期间欧洲118个地区的数据，我们发现，制度对地区向新产业多元化发展至关重要。与区域政府的质量相比，除了相关性之外，社会资本的衔接也是区域多样化的一个关键驱动力。在政府质量较低的地区，社会资本的结合会产生负面影响。这表明，与各区域结构改革有关的区域机构主要是非正式的，而不是正式的，是起桥梁作用的，而不是起纽带作用的。
Industrial diversification is considered crucial for economies to prosper. Recent studies have shown that regional economies tend to diversify into sectors that are related to those already present in the region. However, no study yet has investigated the impact of regional institutions. The objective of the paper is to bring together the literatures on related diversification and institutions by analyzing how formal and informal institutions influence regional diversification. Analyzing 118 European regions in the period 2004 and 2012, we find evidence that institutions matter for regions to diversify into new industries. Bridging social capital is a key driver of regional diversification, in addition to relatedness, in contrast to quality of government in regions. Bonding social capital has a negative impact in regions with a low quality of government. This suggests that regional institutions relevant for structural change in regions are predominantly informal in character rather than formal, and bridging rather than bonding.