This paper aims to contribute toa better understanding of the Knowledge Intensive Services spatial distribution across the European Union(EU) regions(NUTSII), linking recent research approaches on innovation and structural change with approaches to regional economics. As a means of conducting...

Many studies have focused on spatial patterns in economic growth. For the case of Europe, these studies have indicated that growth is spatially dependent and that clustering as well as de-clustering are parts of economic development processes. The distribution dynamics approach has revealed...

The paper asks whether subsidies aiming to redistribute economic activity across regions can be justified with the welfare argument. Moreover, different tax systems are compared with respect to the size of the subsidy needed for achieving a certain spatial distribution of economic activity, and...

The economic and social cohesion policy of the European Union has two inter-related components, namely the vertical cohesion, referring to the alleviation of social disparities and the solidarity with the disadvantaged social groups, and the horizontal cohesion, which concentrates on the...

Nowadays, globalization, technological innovation, migration and population ageing, make it increasingly difficult to predict the future of regions. Identifying the key problems that regions face and considering how these findings could be effectively used as a basis for planning region's...

The interaction of inequality and growth and the direction of causality in this relationship have been an extensively discussed topic with several questions but without clear answers both in the theoretical and empirical literature. The current paper contributes mainly into the new economic...

One of the key issues in economics is the explanation of unemployment. Doing so "modern mainstream macroeconomics" frequently refers to institutional structures in the individual countries (e.g. Layard, Nickell & Jackman 1991, 2006; Carlin & Soskice 2006). However, unemployment within states varies...

The influence of general economic and fiscal policy is in recent years more significant than ever. Tight budgets sets limits on public spending in general and on regional development in particular, both with regard to programs specifically targeted on regional issue, but often also indirect due...

The expansive nature of the dominant socio-economic model lead to the current globalized economy based on open borders, the laws of the open market and the integration of local economic systems. This has as central component the establishment of supranational institutional forms (such as...