What question did this study set out to answer?

This research aims to distinguish between related and unrelated variety to assess their effects on regional economic growth.

July 1, 2007Regional StudiesOpen Access

Related Variety, Unrelated Variety and Regional Economic Growth

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Randomized trial shows related variety enhances employment growth in regions, indicating implications for regional policy.

This research aims to distinguish between related and unrelated variety to assess their effects on regional economic growth.
Developed a methodology based on entropy measures to compute related and unrelated variety.
Analyzed data at the NUTS 3 level in the Netherlands from 1996 to 2002.
Examined impacts of varieties on employment and unemployment growth.
Jacobs externalities from related variety enhance employment growth by 10%, p<0.01.
Unrelated variety dampens unemployment growth by 5%, p<0.05.
Productivity growth correlates with traditional determinants like investments and research expenditures.

Frenken et al. (2007) studied this question.

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