Productivity Boost or Bust? Spatial Spillovers Reshape Regional Economies
The article explores how different industries and regions in Spain affect each other's productivity. By analyzing data from 2001 to 2013, the researchers found that industries and regions can both help and hinder each other's growth. They discovered that skilled labor and private capital are in high demand, leading to competition between regions and industries. The study also suggests that the core-periphery theory applies to both efficient and inefficient sectors.