The main role of local development policy is to create a favorable business environment and new jobs, thus contributing to economic development. Creating a positive business environment to act as a pull factor for new businesses is of great importance, because entrepreneurship conduces to the...

Evaluating the effectiveness of place-based policies has always been a hot topic in urban and regional economics. In this paper, we investigated the spillover effects of place-based policies from the perspective of micro-firm productivity, based on the special period of China’s development...

The efforts of different local and regional administrations are increasingly seen as very important drivers of the economic vitality and well-being of territories in a world where subnational government levels continue to gain levels of authority. This study sought to investigate the efficacy of...

COVID-19 outcomes differ according to socio-economic indicators. In this study, we find there is a specific structure to the differences among UK local authorities, as localities with a lower economic complexity index (ECI) registered significantly higher COVID-19 cases and deaths. We show that...

The paper deals with the role played by the Istituto Mobiliare Italiano, a public credit institution created in 1931 to finance industrial investment, as an instrument for the State intervention in the Italian economy, especially in the 25 years after the World War II. In particular, the IMI was...

Objective - Sustainable Community Economic Development (SCED) has gradually changed overtime from production philosophy to the welfare ideology of assuring a better future for a resilient community in business and economics. SCED contributesto poverty alleviation, employment generation,...

We evaluate the effects of one of a new generation of economic development programs, the California Competes Tax Credit (CCTC), on local job creation. Incorporating perceived best practices from previous initiatives, the CCTC combines explicit eligibility thresholds with some discretion on the...

The efficiency of logistics is a determinant in developing trade cooperation between regions. Many areas in the eastern part of Indonesia have a flawed logistics system that results in a low level of competitiveness. The paper analyses local ports' performance and maritime logistics impact on...

Place-based policies had a bad reputation for decades, if they received any attention at all. This has recently changed, for two reasons. First, many countries have experienced political backlashes from rising spatial economic disparities. Populist movements received the highest support in...

Executive Order No. 27 Series of 2017 mandated all government agencies and instrumentalities, including all local government units (LGUs), to implement the Philippine Development Plan (PDP) and Public Investment Program (PIP) for the period 2017-2022. This triggered the PDP localization efforts...

The study highlights the lessons learned and outcomes of the implementation of local economic growth and regulatory simplification technical assistance work in Bosnia and Herzegovina (BiH) since 2007. It provides recommendations and a methodology on how to address existing market and regulatory...

We show, for the first time, a causal effect of local economic growth on infant mortality. We use geo-referenced data for non-migrating mothers from 46 developing countries and 128 DHS survey rounds and combine it with nighttime luminosity data at a granular level. Using mother fixed effects we...

We show, for the first time, a causal effect of local economic growth on infant mortality. We use geo-referenced data for non-migrating mothers from 46 developing countries and 128 DHS survey rounds and combine it with nighttime luminosity data at a granular level. Using mother mixed effects we...

Subsidies in the form of direct transfers from the government to citizens constitute a powerful mechanism for crisis mitigation and for the alleviation of economic inequalities. However, the connection between direct transfers of cash assistance to selected individual beneficiaries and the...

For a long time mainstream economics has neglected the non-economic side related to economic growth. Yet, today there is increasing awareness of the role that social capital can play in spurring Local Economic Development especially in underdeveloped, remote, or lagging contexts. Microwineries...

I examine the economic consequences of prisons on local communities using two complementary approaches. The first uses prison openings during the 1990s across the US and the second exploits the results of the prison site-selection competitions in Texas. Prisons bring substantial gains in public...

This paper surveys the various forms of market failure that can arise when innovating entrepreneurs consider entering an industry, and outlines possible implications for public policy. Externalities can arise from entrepreneurial activities such as spillover benefits from new innovations and...