This paper provides a detailed account of the drivers behind the economic crisis in Greece, which has destroyed one quarter of the GDP of the economy and has led more than a quarter of labour force to unemployment in a period of five years. The paper claims that a mix of background factors at...

This paper examines price transmission between the retail market of Cotonou and rural markets of several food products in Benin. The use of Enders and Granger asymmetric model on the monthly price series from 1990 to 2005 shows that most rural food markets are symmetrically integrated to the...

Abstract - This article expounds the main findings of a research program on the reflation of local economies in West Africa. It was developed by the Municipal Development Program (MDP) in collaboration with the Sahel Club, and aims at implementing local information systems. This program does not...

The negative relationship between wages and unemployment, embodied within the so-called wage curve, has an extensive literature and has been referred to as ‘an empirical law of economics’. However there are newer alternative theories that seek to explain the variation in wages without...

An important literature has focused on then rank size rule and the Zipf’s law without delivering significant results. Among the reasons for this low scientific productivity, one can find ommisions and misunderstandings between different scientific fields, the generalization of physical and...

As we hypothesize, the selection of observation units may become a critical consideration for an empirical investigation of Gibrat’s Law, according to which the growth of cities is expected to be independent of their sizes. In order to verify this hypothesis, we investigate whether the...

The development of urbanization and a high population growth rate in large cities are a major feature of Turkey between 1950 and 2000. The degree of urban primacy - whether we consider the share of the largest city or of the two largest cities, Istanbul and Ankara - in the national urban...

This article examines the impacts of the initial industrial structure of Moroccan provinces on their economic growth between 1985 and 1999 using a panel data model dealing with heterogeneous parameters. Results show the importance of both specialization (MAR externalities) and diversity (Jacob...

Among the benefits that technology can provide is greater connectivity among economic agents. Commerce now occurs across great geographic distances at nominal transaction costs. Technology, therefore, seems to have the potential to unshackle economic agents from their suppliers and customers,...

The aim of this paper is to study the regional inequalities in the enlarged European Union using Exploratory Spatial Data Analysis applied to per capita GDP for 258 European regions over the period 1995-2000. Strong evidence in favor of global and local autocorrelation as well as spatial...