Five years ago the first theoretical works on industry clusters in regional development appeared in the Czech academic papers and conference proceedings. The research in this field, which was initiated at the Faculty of Economics at VSB-Technical University of Ostrava, was followed by other...

The new paradigm of regional policy is based more on competitiveness, innovation and internal potential of regions than on balancing regional disparities by public aid only. Innovation policies are being established and implemented at national and regional levels covering relatively a broad...

Regional development and regional policy are not only economic categories discussed by politician, European Union but also by individual territories, regions and counties. Marketing places, as a specific form of marketing, is one of instruments (in hand of regions), that could be used in...

This paper assesses recent migration trends in the Commonwealth of Independent States (CIS). Within the last decade (1999-2009) the Russian Federation became the world’s second largest recipient of migrants after the United States, while the Ukraine became the fourth largest and Kazakhstan...

This paper responds to the development policy debate involving the World Bank and the IMF on the use of fiscal policy not only for economic stabilization but also to promote economic growth and increase per capita income. A key issue in this debate relates to the effect of the composition of...

This article analyzes the impact of incomplete contracts’ length on investment in a bilateral relationship. The seller has the power to set the contract terms whereas the buyer decides on the investment level, which acts as a cap on future demand. Two-part tariffs succeed at implementing the...

We study congestion pricing by a government that has redistributive concerns, in the presence of optimal income taxation. Individuals differ in (unobservable) earning ability and consumption technology for commodities using a congestible network (e.g. roads, Internet). We find, assuming...

This study employs spatial panel techniques to examine determinants of regional allocation of infrastructure investment made by the central government. Using a sample of 31 Chinese provinces over the 2001-2008 period, we derived four major empirical findings. First, there exist substantial...

We analyze the effects of political business cycles and fiscal autonomy on the expenditure categories of Polish municipalities. Using System GMM technique, we find convincing evidence for strong political business cycles in almost all expenditure categories, and in particular for the categories...