In the context of the New Economic Geography (NEG) wage equation, the ‘curse of distance’ is the tendency of peripheral regions to have lower income because of being far from the main markets, as captured by a variable Market Potential. This pattern is consistent with the core-periphery...

After two decades of academic debate on the social capital-growth nexus, discussion still remains open. Most of the literature so far, however, has followed the one-size-its-all approach, neglecting that the great disparities across geographical units might have implications in this...

The aim of the article is to compare total real GDP growth of European countries from the 3rd quarter of 2008 to the 3rd quarter of 2012, that is the period from the start of the Great recession in European Union to the present day. This period is characterized by a predominant economic...

This working paper analyzes the role of different elements of social capital in economic growth for a sample of 85 European regions during the period 1995-2008. Despite the remarkable progress that social capital and European regional economic growth literatures have experienced over the last...

FAGERBERG J., VERSPAGEN B. and CANIE¨LS M. (1997) Technology, growth and unemployment across European regions, Reg. Studies 31, 457-466. The process of convergence in GDP per capita levels across European regions came to a halt in the 1980s, although the differences in GDP per capita remain...

A key factor for a stable and solid development is the gain in labor productivity. The regions that manage to pull out of poverty and improve the living standards of their inhabitants, in fact, need to be able to diversify away from agriculture and other traditional sectors. In doing this, the...