Newly formed territorial communities acquire a real subjectivity in the processes of the management of territorial development: they become responsible for a significant share of day-to-day economic activities within their sphere of responsibility, especially in territories with a predominantly...

We explore the potentials of participative co-financing as a means for regional banks to integrate an innovative financing technique that enhances their strengths. Our goal is to interest platform operators, decision-makers of regional banks, and researchers in the potentials of participative...

The paper analyzes how the initial disruption in the supply of imported inputs associated to the COVID-19 pandemic may have induced heterogeneous responses in regional and sectoral gross output in México. Using the Regional Input-Output Matrices estimated by Banco de México, and the Supply...

This paper estimates how the impact of a natural disaster propagates through the production network. More precisely, we look at the excessive rainfall in the summer of 2021 that caused large areas to be severely flooded in Belgium. We first look at the direct effects on firms active in the...

We show that in Mexico larger shares of potential remote work at the municipality level are related to lower post-pandemic employment in high-proximity consumer services, a relatively large sector that mainly employs low-income workers. We use a triple difference event study design where we...

This paper explores the effects of economic integration on intensive and extensive export margins of Nigeria's trade with ECOWAS and other African countries. Multiple indices of economic integration and the margins of exports are computed. Fractional Logit model is used to estimate the intensive...

While institutions are said to be poor in China in cross-country comparison, recent research indicates that at the provincial level, institutional quality plays in fact an important role for the economic success of a province, municipality, or autonomous region in China. Our paper aims to add...

Convergence in human capital is a key precondition to achieve income convergence in the European Union; however, so far research on this topic has nearly been absent. Our paper contributes to the literature by investigating the human capital convergence dynamics within the EU over the period...

The projected increase in extreme climate events in the coming decades is likely to exacerbate the existing productivity and demographic challenges facing Europe. We study the dynamic, medium-run macroeconomic effects of heatwaves, droughts and floods in 1160 EU regions through the lens of a...