The approach based on the law of gravity for the study of international trade flows has been widely used in recent years. Gravity model based studies have achieved empirical success in explaining various “flows”, for example international trade. Due to simplicity, high explanatory ability...

EU cohesion policy was born and has developed and changed in response primarily to the timeframes and requirements set by subsequent enlargements. This paper aims to highlight some of the distinguishing features of this path by analysing responses both at theoretical and economic policy levels....