The paper concerns the setting of the shadow-prices for the costs and benefits of the regional development projects; the analysis is prepared on the output as well as on the impact level (long-run effects on the stakeholders). The article focuses on the most typical item connected with the...

A cross-sectional relationship between price dispersion among Russian regions and per capita income dispersion is used to measure the degree of integration between regional commodity markets. The sequence of cross-sectional estimations for each month of the period spanning 1992 through 2000...

In this paper we test for the presence of localisation economies due to input-output linkages between vertically related firms located in the same region. To undertake this we estimate, by duality, a quadratic cost function using a sector by sector panel at the European regional level in the...

Dooley et al (2003, 2004a,b,c) argue that China seeks to raise urban employment by 10-12 million persons per year, with about 30% of that coming from export growth. In fact, total employment increased by 7.5-8 million per year over 1997-2005. We estimate that export growth over 1997-2002...

What is an indicator? Seemingly, the solution is so clear that it can deceive us, economists and other social scientists. This work aims at enlightening the answer to the suggested question, discussing the methodological dimensions of the economic indicators – since the phase of production...

In the capability literature, studies on the empirical measurement in the functionings space are abundant and a few studies even measure capability to function. We suggest adopting a third measure of welfare relevant to economists, namely the "conversion efficiency" measuring the efficiency with...

Menu prices from 13 international restaurant franchises that operate in both El Paso and Ciudad Juarez are utilized to examine the behavior over time of the peso/dollar exchange rate. Parametric and non-parametric tests indicate that the price ratio alone provides a biased estimator of the...

The starting point is the investigation of competitiveness – resource and measure of development within the context of internationalization and globalization of the world economy. At the regional level, competitiveness must capture the distinguishing features that influence the overall...

Although numerous studies have examined international migratory flows from Mexico to the United States, none have previously done so at the metropolitan level. This study utilizes time series data to econometrically model population change for El Paso, Texas, USA and Ciudad Juarez, Chihuahua,...

The Turkish economy has undergone drastic structural changes since 1980. While the effects of the Turkish adjustment programme have drawn considerable attention, a few studies have investigated its employment impacts. Unlike neoclassical expectation behind the structural adjustment programme,...