We empirically investigate the role of regulatory governance and industrial clusters to foster the country’s economic performance. Using the ordinary least-square (OLS) regression for a cross section of countries, including the 25 EU Member States, our findings show that the regulation governance has the strongest effects on the employment rate performing a buffering effect with the cluster development. An antagonist effect occurs for the other economic indicators.
|Number of pages||10|
|Journal||THE EMPIRICAL ECONOMICS LETTERS|
|Publication status||Published - 2016|