This study develops a multi-region computable general equilibrium model (CGE model), which analyzes the influence on a regional economy of a reduction in the transportation cost. The reduction in transportation cost is, in a word, reduction of the logistics cost. Logistic competition has...

This paper suggests a model of obtaining estimates of capital stock based on the theory of ‘flexible accelerator’. However, this represents a rather ‘indirect’ method independently for each year and each region. Clearly this is an unrealistic condition, especially for regional economies...

News is often interspersed with reports from small islands. Reference is often made to them due to their small size, or due to their administrative autonomy or financial regime; usually attracting the common interest. Actually, what are the so-called microstates, virtual lands, unrecognized state...

The analysis of spatial mismatches in access to employment remains a very important area of labour market literature. A particular case is that of the mismatches in urban labour markets, which can result in substantial differences in the employment opportunities available in city centres and...

Over the last decades tourism has grown enormously and travel distances have increased. Land occupied by tourism related activities is growing significantly, in certain areas, and this trend is expected to continue, at the expense of land previously used in other activities. According to the...

The purpose of this paper is to analyse the specialization of Indian productive structures in 2006, using specialization indicators, namely localization quotient estimation, in order to assess both the relative degree of concentration of a given activity in a certain area and the specialization...

The development and support of clusters is an issue that became quite popular by players dealing with regional economic policy. But before a regional development agency can start to implement a cluster-oriented strategy there a two question that have to be answered: 1. What are the regional...

A model of optimal allocation of investment across regions is developed. It is shown that the optimality conditions may lead to increasing inequalities at the spatial level. Introducing an element of endogenous innovation dualistic situation emerges. An empirical analysis, using data for the...

This paper investigates the extent of regional cohesion amongst European regions; an issue of emerging importance in the fast growing literature on regional economics. This paper aims toshed some further light on the question of regional cohesion by taking into account the impactof the existing...

This paper investigates the extent of regional cohesion amongst European regions; an issue of emerging importance in the fast growing literature on regional economics. This paper aims toshed some further light on the question of regional cohesion by taking into account the impactof the existing...