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The estimation of the impact of public investment on regional economic growth requires consideration of the spatio-temporal dynamics among the state variables of each region. Recent austerity policies in Spain that feature temporary decreases in the accumulation of regional public capital should...
Persistent link: https://www.econbiz.de/10012491832
The Kuwaiti economy is characterized by two major structural imbalances-heavy dependence on oil production and dominance of the public ownership. Kuwait has struggled over the years to implement a two-pronged development strategy - diversifying the country's economic base away from the oil...
Persistent link: https://www.econbiz.de/10012607167
Despite the increasing attention in recent years to the spatial dimensions of economic development, consideration of the importance of space and the recognition that macro, aspatial perspectives can prove to be misleading are not new. Around the world, much of the disappointment with the...
Persistent link: https://www.econbiz.de/10012167859