This paper examines sectoral growth patterns across Chinese provinces during the country's economic takeoff in the early 2000s, following major policy reforms including trade liberalization, infrastructure expansion, business climate improvements, and relaxed rural-to-urban migration...

Many countries and regions remain below the level of economic activity of the world’s most advanced economies. Some countries form growth clubs, some are stuck in the middle-income trap, and some stay on a very low level of economic activity. Although this situation is well documented on the...

Universities play a critical role in knowledge creation and technological innovation, serving as key drivers of regional development. However, existing research has paid limited attention to the mechanisms through which university innovation inputs translate into firm-level performance,...

We investigate the structure and evolution of credit growth across Italian provinces. Using an econometric approach based on Random Matrix Theory, we decompose regional credit dynamics into common and idiosyncratic components. We use a longitudinal dataset of credit at the provincial level...

We investigate the structure and evolution of credit growth across Italian provinces. Using an econometric approach based on Random Matrix Theory, we decompose regional credit dynamics into common and idiosyncratic components. We use a longitudinal dataset of credit at the provincial level...

Objective: The article aims to explore the impact of trade openness on the economic development of Ukrainian regions in different conditions, with a particular focus on the global financial crisis (2007-2009) and the 'hybrid' stage of the war (2014-2021). Research Design & Methods: We analysed...

Per capita growth of the Mexican economy has lagged behind G20 peers in past decades with notable disparities between the north and south. In this paper, we build on the income convergence literature by examining the impact of domestic market integration on regional growth. To this end, we...

This study aims to explore the potential association between the performance of the stock market and the growth of the rural economy in China. It examines the impact of regional market volatility on rural macroeconomic indicators, which functions through the equity price fluctuations of locally...

We investigate convergence among Indian states between 1981 and 2016 using the distance of any state from the leading state as our key variable. We focus on the role of three major sectors-agriculture, manufacturing, and infrastructure-in achieving convergence. Prima facie, we do not find any...

In the context of both domestic and international economic landscapes, regional policy has emerged as an increasingly influential factor shaping the developmental trajectories of Chinese enterprises. Despite its growing significance, the extant literature lacks a comprehensive and systematically...

This report analyses the magnitude and geography of the economic consequences of climate risks across European NUTS3 regions. It introduces a new regional economic growth model that accounts for spatial spillover effects. The study, based on the JRC PESETA V project, focuses on a 2⁰C scenario...

The digital economy is a key driver of industrial upgrading and regional growth. Focusing on Gansu Province-an under-represented, less-developed region in northwest China-this study constructs a multidimensional digital economy index (DEI) for 2009-2023 under a unified normalisation and...

The relationship between natural capital and economic growth has garnered considerable attention in recent years, especially within the framework of sustainable development and European regional cohesion policies. This report highlights the critical role of natural capital in driving regional...

Understanding the drivers of regional economic growth requires examining the mesoeconomic conditions that influence the ability of small firms to scale. This study investigates how the local composition of firms - by size and sector - along with socio-economic and geographic characteristics,...

This study examines the impact of regional innovation factors and their dynamic interactions on regional economic growth. Using a 10-year panel dataset from 17 provinces and cities in South Korea, we analyze the data using panel data regression and explore non-linear relationships with the...

Mergers & Acquisitions (M&As) are strategic business transactions that combine the ownership of one firm with another, typically to achieve synergies, growth, and diversification. However, the spatial implications of transferring corporate control between cities have been largely overlooked....

This paper investigates the impact of regional institutional quality on economic growth and economic resilience. Using data collected by the Quality of Government Institute, we conduct a two-way fixed effect panel regression model for around 200 European regions during the period 2010 to 2021....

This study investigates the relationship between philanthropy and regional economic growth, with a focus on the role of social capital as a mediator between these two factors. Employing an econometric model based on Italian regional panel data collected between 2015 and 2019, this study...

As digital technologies rapidly transform global economies, the digital financial inclusion index (DFII) has emerged as a critical driver of economic growth, particularly in developing regions. In the context of China, where regional economic disparities persist, the expansion of digital...

This study compares the impact of using fixed and mobile broadband services and competition in the telecommunications sector on economic growth and labour productivity across 20 countries in Europe and the MENA (Middle East and North Africa) region from 2015 to 2021. Broadband usage is measured...

Studying the factors that influence the Human Development Index has drawn considerable interest from many scholars recently. This research provides critical insights into the challenges and opportunities that societies face throughout the development process. This study aimed to investigate the...

The aim of our research is to provide additional evidence of international migration's impact on economic growth in regions with ageing populations, namely by analysing the impact on rural versus urban areas in Spain. With Spanish provinces categorised as predominantly urban, predominantly rural...