The present paper examines the economic development perspectives of the manufacturing sector of 31 major West German regions in the process of globalisation. Public statistics do not provide FDI data on a regional basis. Therefore our study was based on indicators based on the data from the...

The study aimed at identifying factors limiting the Tietê and Paraná valleys economic growth. Specifically, it analyzed the importance of the capital stocks for economic growth of these and the other counties in São Paulo State. Nine factors were generated by Principal Components Method to...

This study focuses on testing the relationship between income inequality and growth within U.S. counties, and the channels through which such effects are observed. The study tests three hypotheses: (1) income inequality has an inverse relationship with growth; (2) regional growth adjustments are...

The goal of this study is to assess households? labor allocation in the wake ofChina?s efforts to develop the rural labor market in a manner that is conductive toits transition to a market economy. Applying the agricultural household model asthe theoretical framework, we help to understand the...

Kazakhstan?s agricultural sector plays an important role in the country'seconomy. Not only does it function as an economic output producer, it alsoserves as a social buffer in times of transition to a market economy. Therestructuring process had a strong impact on the economic performance...

During the transition of the Vietnamese economy, adaptation of the financialsystem was one of the most challenging reforms. A major task of this reformwas to expand the financial system?s outreach to the newly emerging privatesector and household economies, especially in rural areas. Therefore,...

Most thinking on poverty and deforestation in developing countries does so in terms of the influence of one on the other, in either direction. However, the two have common determinants in the underlying economic and institutional conditions that set factor and product prices and the incentives...

This paper empirically assesses the impact of specialisation on the synchronisation of regional business cycles in two core countries of EMU, namely France and Germany. Several specialisation indices are introduced and some first stylised facts about interregional business cycle correlations are...

We discuss theoretical approaches to study the relationship between the size distribution of a nation's cities and macroeconomic growth. The discussion is based on the hypothesis of the New Growth Theory that inter-personal spillovers of education and skills determine the long-run growth of the...

Econometric analysis of convergence processes across countries or regions usually refers to a transition period between an arbitrary chosen starting year and a fictitious steady state. Panel unit root tests and panel cointegration techniques have proved to belong to powerful econometric tools if...