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 … contrasted with a non-equilibrium economics perspective on EU regional policy. Based on this, the existence of market failures …

In this paper I assess empirically the sign of the uncertainty-investment relation in Brazil within a quadratic … investment can be enlarged with the adoption of a sustainable macroeconomic policy that rules out uncertainty-yielding shocks … investment. …

the low carbon-emitting sector, and (ii) reduce real investment and the capital stock in the highly carbon-emitting sector …, while real investment in the sector with low carbon emissions tends to fare better. To apply the theoretical predictions to … low carbon emissions, and (ii) substantial investment reallocation takes place, in particular from the manufacturing …