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The paper illustrates the effect of a permanent demand-side shock in the perturbed regions and the associated spillover effects in the non-perturbed regions using the RHOMOLO spatial-numerical general equilibrium model of the EU economy. We test to what extent gradual upward pressure on wages...
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the experience of leading countries. The research aim is to find new effective tools and institutions for the development … supporting regional clusters starts with the identification of already existing clusters in the region, because by viewing the … cluster policy as one of the most important components of the policy for the development and support of small and medium …
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