This paper investigates the impact of regional institutional quality on economic growth and economic resilience. Using data collected by the Quality of Government Institute, we conduct a two-way fixed effect panel regression model for around 200 European regions during the period 2010 to 2021....

As digital technologies rapidly transform global economies, the digital financial inclusion index (DFII) has emerged as a critical driver of economic growth, particularly in developing regions. In the context of China, where regional economic disparities persist, the expansion of digital...

The relationship between natural capital and economic growth has garnered considerable attention in recent years, especially within the framework of sustainable development and European regional cohesion policies. This report highlights the critical role of natural capital in driving regional...

Understanding the drivers of regional economic growth requires examining the mesoeconomic conditions that influence the ability of small firms to scale. This study investigates how the local composition of firms - by size and sector - along with socio-economic and geographic characteristics,...

This study examines the impact of regional innovation factors and their dynamic interactions on regional economic growth. Using a 10-year panel dataset from 17 provinces and cities in South Korea, we analyze the data using panel data regression and explore non-linear relationships with the...

Mergers & Acquisitions (M&As) are strategic business transactions that combine the ownership of one firm with another, typically to achieve synergies, growth, and diversification. However, the spatial implications of transferring corporate control between cities have been largely overlooked....

In the context of both domestic and international economic landscapes, regional policy has emerged as an increasingly influential factor shaping the developmental trajectories of Chinese enterprises. Despite its growing significance, the extant literature lacks a comprehensive and systematically...

This study aims to explore the potential association between the performance of the stock market and the growth of the rural economy in China. It examines the impact of regional market volatility on rural macroeconomic indicators, which functions through the equity price fluctuations of locally...

Per capita growth of the Mexican economy has lagged behind G20 peers in past decades with notable disparities between the north and south. In this paper, we build on the income convergence literature by examining the impact of domestic market integration on regional growth. To this end, we...

The digital economy is a key driver of industrial upgrading and regional growth. Focusing on Gansu Province-an under-represented, less-developed region in northwest China-this study constructs a multidimensional digital economy index (DEI) for 2009-2023 under a unified normalisation and...

We investigate convergence among Indian states between 1981 and 2016 using the distance of any state from the leading state as our key variable. We focus on the role of three major sectors-agriculture, manufacturing, and infrastructure-in achieving convergence. Prima facie, we do not find any...

The purpose of the study is to determine the most relevant method of a time series analysis to identify the cyclicality in the development of regional economies. In pursuit of the goal, a comparative approach was employed, focusing on the utilization of Gross Regional Product (GRP) indicators...

There are 15 independent countries that emerged (re-emerged) from the Union of Soviet Socialist Republics since its collapse in 1991. The process of independence of the Former Soviet Union (FSU) countries was followed by massive economic, political, and institutional reforms that, in most cases,...

In the field of economics and regional research, income convergence between countries and regions has been analysed since the 1980s. At the beginning of the 21st century, a number of articles addressing income convergence of European Union (EU) countries were published, which was among many...

The objective of this paper is to study the relationship between productive structure and economic performance at the subnational level in Argentina. Based on a dataset at the subnational level, we study the impact on economic growth of three types of productive patterns: i) productive...

The construction of the Suramadu bridge, the longest bridge in Indonesia connecting the islands of Java and Madura, aimed to stimulate regional economic growth in Madura and reduce disparity. However, 13 years after the construction, significant economic progress in Madura has yet to be seen....

Purpose - This study aims to identify the location of regional growth poles in Vietnam. Design/methodology/approach - A potential gravity model is constructed to estimate how attractive a location is in relation to other locations within a specifically defined region using spatial interpolation...

Territorial development theory and practice have witnessed significant change in recent times. This change has increasingly put the spatial dimension at the centre of development policies. Where agglomeration-focused policies derived from urbanization and agglomeration economics were once...

Balancing macroeconomic growth with regional equilibrium development is essential for China's pursuit of the modernization through regional coordinated development. Taking a macroeconomic output perspective and employing a counterfactual framework, this paper evaluates the economic growth...