Regional Diversification into Green and Digital Economic Activities: The case of UK Local Authorities

Gloria Cicerone, Sebastian Losacker, Raquel Ortega-Argiles

Research output: Preprint/Working paperDiscussion paper

Abstract

Regions are currently facing a twin transition, involving a shift towards more
environmentally friendly economies as well as the digitalization of economic activities.
Against this backdrop, this paper examines the geography of green, digital, and twin
economic activities in the UK, utilizing a novel dataset that captures these emerging
sectors through a real-time industrial classification of firms. Additionally, the paper employs
a relatedness approach to analyse local capabilities in the twin domain. The results
underscore the crucial role of twin activities, encompassing both green and digital
elements, in facilitating regional diversification into these respective sectors.
Original languageEnglish
PublisherEconomic Statistics Centre of Excellence
Pages1-26
Number of pages26
Publication statusPublished - 2024

Keywords

  • Twin Transition
  • Urban Scaling
  • Relatedness
  • Regional Diversification
  • Industry Classification

Research Beacons, Institutes and Platforms

  • The Productivity Institute

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