We argue that South Korean families with children are today overinvesting in the level of education due to their high levels of expenditures on private after-school tutoring programs. This situation has evolved due to a combination of factors: a changing labor market, increasing housing and debt...

The effect of a state's financial incentives to attract foreign direct investments (FDI) is a frequent topic for both economists and policy makers. Many studies have shown that FDI are disproportionately concentrated in states with agglomeration economies. This paper uses a conditional logit...

We argue that South Korean families with children are today overinvesting in the level of education due to their high levels of expenditures on private after-school tutoring programs. This situation has evolved due to a combination of factors: a changing labor market, increasing housing and debt...

Some perspectives of neo-institutional economics are used to reexamine the common pool fishery. Applications of properly rights theory in models simulating the evolution of fisheries management suggest that even in the presence of positive information and transactions costs (ITCs), resource...

The new orientation of regional innovation policies in Europe requires the development of research and innovation smart specialisation strategies (RIS3) so as to support Science, Technology and Innovation (STI) investments where there are clear synergies with existing productive capacities and...

This paper describes the need to develop the innovative and competitive abilities of the CAE (Autonomous Community of the Basque Country) by increasing the efficiency of interactions among different economic agents. This case gives details of the set interactions in the different ways of...

Introduction