This paper evaluates the cost effects of a regional self government experiment. The experiment introduced a new intermediate tier of local administration that was given the responsibility to organize 60 per cent of public services. These services include e.g. basic health care, majority of...

Unlike the time series literature the spatial econometric literature has not really dealt with the issue of the parameter space. This paper shows that current parameter space concepts for spatial econometric DGPs are inadequate. It proves that the parameter space proposed by Kelejian and Prucha...

This paper highlights the success factors of the governance of the Champagne supply chain. Scholars on economic organisation stress the role of the contractual enforcement to explain the stability of the economic exchanges and the ability of the economic and political actors to foster their own...

Numerous studies have focused on the role of EU regional policy in fostering growth and convergence among European regions, why conducting another one? We argue that two facts are still lacking in the actual academic debate in order to get a sound empirical identification strategy and reliable...

Since the Lisbon agenda in 2000, Europe stated the goal to become the most advanced knowledge economy in the world relying specifically on the increase and strengthen of its human capital and technological endowments. However, given the presence of localized externalities in the knowledge...

The industry was determined to be "locomotive sector" in the planned development period starting in 1960 in Turkey and long-term targets have been set such as providing economic balance, realizing economic and social development. But after 1980's, because of the fast industrialization and...

Romania has the highest share of EU rural areas (44.9% ), which generates and maintains a long series of regional disparities. Because of these disparities, the economy faces a number of elements that undermine the quality of human and social capital and reduces the potential for growth:...

European universities have lost--and partially regained--key research academics to North American and other attractive university systems. EU efforts to reverse the cycle revolve around the establishment of an attractive European Research Area, within which future academic mobility--and...

The participation of women in entrepreneurial activity forty years ago was virtually an exception. However, nowadays this is an important economic and social phenomenon, with an outstanding impact on the dynamics of both advanced and emerging economies. This is significant not only from a...

A highly segmented labor market usually favors a mismatch between supply and demand, significantly limiting the functional flexibility and the resilience of this market to macroeconomic shocks. From this perspective, such a market hampers the transition of an EU member to the euro zone,...