Large shocks, such as natural disasters, are often found to have little or no effect on the equilibrium distribution of economic activity across space. Two apparently competing theoretical explanations for this phenomenon are the increasing returns theory and the locational fundamentals theory....

Over the last decade or so, the debate on the planning and development of the Paris (Île-de-France) region has revolved around two little words: "Grand Paris", or Greater Paris. Despite existing political and scientific controversies surrounding the future of the capital region, three major...

The Policy of regional development consists of two crucial components: objectives and the system of their achieving. Financial resources comprise one of the main parts of the latter. The aim of the paper is to present the system of financing the socio-economic regional development in Poland...

The paper deals with the problematic addressed in the above subtitle; i.e. that ?smart specialization? indicates old wine (specialization) in new bottles (smart), but is in fact new wine (diversity) in old bottles (specialization). This confusion will obviously lead to problems with respect to...

A growing body of theoretical contributions and empirical studies has explored how the spatial distribution of public resources and governmental transfers is likely to be driven by efficiency and equity, as well as by political considerations. This article applies this line of research to...

The influence of general economic and fiscal policy is in recent years more significant than ever. Tight budgets sets limits on public spending in general and on regional development in particular, both with regard to programs specifically targeted on regional issue, but often also indirect due...

This paper focuses on the evaluation of an incentive program for firms implemented in southern Italy during the last decade. In the framework of the policy instruments aimed to reduce territorial disparities, and to support local development, territorial integrated projects (TIP) constituted a...

The problem of management of regional social and demographic process becomes the most actual whereas its consideration through the lenses of global trends (small number of children in a nuclear family, higher life expectancy rate, objective ageing of the population). This population reproduction...

This paper illustrates the story of the Port of Gioia Tauro, a major infrastructure investment co-financed by the European Regional Development Fund in the period 1994-1998, but whose origin dates back to the beginning of the 1970s. It draws from a recent ex-post evaluation carried out for the...

This paper analysis the welfare changes arising from a road project, undertaken as a public-private partnership, measured as the variation in utility, using a sequentially dynamic general equilibrium model. To circumvent the budget restriction imposed by the central government, the Azorean...