The main objective of this work is to review the recent achievements on the mechanisms explaining local and rural development, which underpin the current definition of rural areas in the European literature. The analysis carried out in this article acknowledges a gap between local development...

This working paper offers a synthesis of the current knowledge on the determinants of productivity. It carefully reviews both “spatial” (e.g. agglomerations, infrastructure, geography) and “aspatial” (e.g. human capital, labour regulations, industry-level innovation and dynamism)...

There is an increasing political interest in Hungary to relocalize food. A Policy Intervention for Food Relocalization Index is introduced to quantitatively reveal how rural development programme measures should be allocated efficiently to promote local food production. Results show that present...

This paper is to analyze the effect of trade openness on regional inequality of South Korea. Trade has been the driving force of Korea's economic growth since the 1960's and it still expands its trade openness through active participation on bilateral and multilateral free trade agreements. In...

The paper considers the influence of federal government expenditures and transfers on interregional convergence in gross regional product (GRP) per capita and wages in Russia over 2005-2011. Such an influence is not found. The federal government's policy was reactive and was not focused on...

Regional policy has been on the agenda of Turkey since the First Five-Year Development Plan (1963−1967), and so far, Turkey has put into practice to overcome regional disparities, one of the most important is regional-sectoral incentives. Thus, the incentive system, which has undergone many...

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...

Following the political economics literature documenting how public resources are likely to be geographically distributed along equity and efficiency as well as political considerations, this article is aimed at exploring to what extent, and through which channels, politics play a role in...

This study examines the evolution of the regional per capita income from the perspective of a policymaker at the national level. To do that, it utilizes stochastic dominance analysis by including a utility function that expresses the "regional inequalities aversion" level of the policymaker. In...

The spatial patterns of changes in economic diversion and convergence have become more blurred in the last decades. International disparities between nations have diminished. At the same time intra-national disparities have increased in most European countries. In the search to identify the...