Colombia has one of the worst income distributions in the world. This finding is a matter of concern since abundant empirical evidence at the international level shows a negative relationship between economic growth and inequality. This paper seeks to review the economic growth and the evolution...

Portugal is divided in two major parts: i) the coastal zone, with a higher demographic density and where the main economic activities are concentrated; ii) the periphery, where a low economic performance and a depressed demographic dynamics coexist. Economy and demography interact, reinforcing...

Abstract Tourism has been considered as an instrument for urban and regional 'development' policies for many countries, especially for cities/urban areas. Cities are themselves among the important destinations. They offer many touristic attractions together and tourism facilities become a more...

The main aim of this paper is to define weak spots in the Far Eastern federal district's development in comparison with other federal districts in the Russian Federation based on a statistical and economic analysis, and shape general conclusions on possible improvement of the economic...

This paper puts forward a Bayesian version of the global vector autoregressive model (B-GVAR) that accommodates international linkages across countries in a system of vec- tor autoregressions. We compare the predictive performance of B-GVAR models for the one- and four-quarter ahead forecast...

Although it has frequently been argued that the quality of institutions affects the innovative potential of a territory, the link between institutions and innovation remains a black box. This paper aims to shed light on how institutions shape innovative capacity, by focusing on how regional...

The regional imbalance is one of the major hindrances for sustainability of economic growth of Indian economy. The persistence of imbalanced regional growth poses a serious threat to the economic growth and development, and creates economic, social and political tension among the states in...

We measure technical efficiency in R&D of Italian regions with the aim of understanding whether the variation in transport infrastructure endowment across regions might be the cause of efficiency disparities. We use a semi-parametric method where in the first step we estimate bootstrapped...

The purpose of this research is the post-opening evaluation of "Attiki Odos Motorway" (AOM) socio-economic impacts, during the period of its operation. The AOM is the peripheral ring-road of the metropolitan Athens-Attica area. To this end, the study estimates an ex post project¢s "Overall...

We investigate how variety affects the innovation output of a region. Borrowing arguments from theories of recombinant innovation, we expect that related variety will enhance innovation as related technologies are more easily recombined into a new technology. However, we also expect that...