This paper is a study about the effect of relationship lending on credit availability for Italian firms, with a special focus on the 2008-09 financial crises. According to the conventional wisdom, the central principle of relationship finance is that that personal interaction between bankers and...

There is a tendency in Europe that older individuals are those most prone to start a new firm. This paper analyses if this statement is true also for Sweden. A first approach is to analyze the tendency at the regional level where the influnce from different age cohorts on the rate of new firm...

Recent research shows that urban heritage can be an important factor of residential location choice, and that especially highly educated households are attracted by the presence of cultural heritage. In this paper, we use a location choice model to investigate the attractiveness of neighborhood...

Greek cities are a seminal part of the Mediterranean urbanization thesis. Corresponding features include the comparatively belated occurrence of urban in-migration, the particularity of the urban pull factors, and the unplanned nature of urban expansion. The considerable and extensive...

The paper studies the evolution and determinants of spatial inequalities in Russia. We use database providing data on value-added, employment, education and population over set of Russian «subjects of Federation». These data cover period of 1995 ? 2010 and several sectors: agriculture,...

Recently, it has been recognized that leisure drivers have a variety of needs when using expressways and that service and parking areas (SA/PAs) are required to offer not only traditional rest stop services but also additional services, such as refreshments, dining, and souvenir shopping. As...

We analyze the internationalization of Russian firms based on a qualitative case study implemented in Finland. We empirically elaborate the concept of institutional arbitrage (Gaur and Lu, 2007; Boisot and Meyer, 2008), which refers to the situation where a firm is provided opportunities to exploit...

Russia is one of the most heterogeneous countries, consisting of more than 80 regions. Among other features, its regions vary by their involvement in international trade and by vulnerability to external shocks. Russian economy is becoming more open, but openness of regions varies greatly,...

This article investigates current age cohort effects on regional migration in Turkey and compares the results of this study with the results of a similar study made for the period of 1985-1990. It has been widely investigated in developed countries for years whereas it is more recent subject in...

Migration and work are truly connected notions, both because one major cause of migration is the search of better working conditions, and because work is a fundamental vehicle of social cohesion, especially for the migrants. Hence, the European social model strongly connects social cohesion and...