The paper describes a theoretical approach to determine the downturn LGD for residential mortgages, which is compliant with the regulatory requirement and thus suited to be used for validation, at least as it can give benchmark results. The link between default rates and recovery rates is in...

Local governments often charge developers impact fees to finance local public goods. This has been practiced in Chinese cities for more than two decades; however, no empirical studies have tested the effect of impact fees on real estate prices. Using a panel data set for 35 large- and...

Notwithstanding various policies to address regional disparities in industrial development, the issue of balanced regional industrial development still remains in India. Studies dealing with the issue mainly focused on the organised industries. In spite of the fact that the unorganised...

The purpose of this research is to evaluate the hypothesis of differentiated growth in the municipalities of Colombia which receives rents from exploitation of non-renewable natural resources in comparison with the rest of the country. A specific strategy is to estimate the empirical evidence...

The work considers perspective ways of technology borrowing on industry-regional level in Russia and offers preliminary methodology for identification of suitable technologies for particular region. Methodology is based on labor productivity comparisons. For this purposes productivity levels for...

The article considers perspective ways of technology borrowing in industry-regional level in Russia and offers preliminary methodology for identification of suitable technology for particular region. Methodology is based on labor productivity comparisons. For this purposes productivity levels...

There are many support mechanisms for supporting newly established firms. Business incubators, one of them, are generally focused on supporting and promoting entrepreneurship, increasing employment through creating new job opportunities, enhancing local, regional and national R&D and...

This work develops a method for the construction of input-output systems capable of estimating the flows of goods and services among cities, having in view that the creation of accurate strategies depends on the regional peculiarities incorporated in the scope of the economic planning...

Even in presence of a dominant factory sector, informal manufacturing sector can play a very vital role in shaping the development profile of a region through its diverse interaction and complementarities with the organised sector. This paper, based on a field survey at the industrial city of...