A currency space would be constitute in a ideal way if the integrated economic regions would react similarly on external shocks. In fact, Switzerland, as an economic space, is far from being homogenous. Since the end of Bretton-Woods, Switzerland is confronted with a durably revaluation of its...

The aim of this paper is to integrate control relations in the analysis of regional production systems (RPSs). Financial economy aspects are often neglected in the analysis of classical and also regional economists. However, many studies show that this financial dimension is far from neutral and...

About 15% of the fortune of the Swiss pension funds has been invested in real estate from 1994 to 2002. Pension trusts have two possibilities in their investment policy, either owning and being responsible for the buildings directly or buying shares in investment vehicules whose localization is...

This paper presents a model of autonomous territorial system of production and an empirical application to the Swiss area of « Espace Mittelland ». The first part defines the concept of autonomy as a dynamic organizational process based on sequences of relations. An autonomous territorial...

Classification JEL : 0180, 0300, Rl10.

Territorial Innovation Models (TIMs) such as innovative milieus, industrial districts, regional innovation systems, etc. have developed since the mid-eighties in a context mostly driven by the crisis of the industrial regions. From that theoretical heritage, a new questioning based on...

Based on an institutional and territorial approach, this article questions the linkages between financial and real economy. The current crisis is seen as the result of an autonomy process of finance towards the real economy, which can be understood as the implementation of a specific geography...

The impact in the long run of exchange rate is differentiated between the regions of a country or of a monetary zone. Nevertheless, very few theoretical or empirical work has been done in that field. On the one hand, standard international trade theory considers the national space as being...