We study the impact of migration to the European Union on the volume of international trade in EU. We focus on Southern Mediterranean (such as Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Syria, Tunisia, and Turkey) and Eastern Europe (such as Albania, Bosnia and Herzegovina, Chech...

In the expansionary phase of the economy (1995-2007) and, particularly after the Euro introduction, credit to the business sector increased significantly in Europe. According to surveys of the EC-Flash Eurobarometer (2005), over 77% of SMEs claimed to have appropriate funding levels. A number of...

This paper reconsiders the theoretical foundations of EU regional policy in economics. It begins with a discussion of the line of thought of its prevalent explanation in equilibrium economics which is focusing on market failures as its key underpinning and which is the major toolkit of...

The aim and scope of this paper is to isolate the effects of population ageing in the context of potential Scottish independence. Fiscal challenges are often quoted as a strong argument against independence. Demographic processes play an important role in determining future economic growth via...

Combining a spatial equilibrium model with a search-matching unemployment model, this paper analyzes the willingness to pay for regional amenities and the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. The results are compared...

This research project ranks German regions with help of interregional migration data instead of gross domestic product, household incomes, unemployment or quality of life estimates. Therefore we estimate regional utility differentials for German states and planning regions following the approach...

The effect of economic fluctuations, region type and human capital. Traditionally, people are believed to follow jobs, but a contradictory view has also gained popularity. In this study, two methods are used to analyse regional growth in Finland between 1990 and 2010. The results from the...

The efficient mobility of goods and labour is one of the most important features of a functioning economy. Using data on Israeli closures inside the West Bank, we provide new evidence on the labour market effects of conflict-induced restrictions to mobility. These restrictions operated through a...

The present paper describes the modelling of regional labour markets in the newly developed dynamic spatial general equilibrium model RHOMOLO, where the labour market equilibrium is determined by firms' labour demand, a wage-curve determining unemployment, and inter-regional labour migration....

After the price liberalization in 1991, the Russian economy was faced with a jump of costs of transportation in real terms. New Economic Geography (NEG) gives answers to questions that are related to changes in transport costs. However, the outcomes of NEG models are very sensitive with respect...