This paper offers a concise critical overview of Okuns Law, with particular attention for its relevance in open economic systems of regions. Based on an extensive set of economic data for Finnish regions, the existence of cointegration is tested by using alternative statistical methods, viz. the...

Early studies of rural development suggested that newcomer rural entrepreneurs are important agents of change and responsible for new spatial development, but more recent research has concluded that there is no difference between newcomer and local rural entrepreneurs in this respect. Much of...