An income inequality has been expanded in Japan and some policy is highly needed to revitalize rural areas. This study aims to show causative factors on regional satisfaction level by the estimation of the structural equation model (SEM) with data of each town in Yamagata and Yamaguchi...

Direct and indirect effects of exchange rates on foreign and home prices may induce a change in terms of trade and volume of trade. In particular, the price effect in substitutability between foreign and home products and endogeneity of the foreign price provide evidence for the indirect impact...

The purpose of this study is to determine the impact the exchange rate has on local pricesand import demand.

The present paper examines the economic development perspectives of the manufacturing sector of 31 major West German regions in the process of globalisation. Public statistics do not provide FDI data on a regional basis. Therefore our study was based on indicators based on the data from the...

This paper empirically assesses the impact of specialisation on the synchronisation of regional business cycles in two core countries of EMU, namely France and Germany. Several specialisation indices are introduced and some first stylised facts about interregional business cycle correlations are...

We discuss theoretical approaches to study the relationship between the size distribution of a nation's cities and macroeconomic growth. The discussion is based on the hypothesis of the New Growth Theory that inter-personal spillovers of education and skills determine the long-run growth of the...

Econometric analysis of convergence processes across countries or regions usually refers to a transition period between an arbitrary chosen starting year and a fictitious steady state. Panel unit root tests and panel cointegration techniques have proved to belong to powerful econometric tools if...

This study represents the first application of Choice Experiments to the analysis of the monetary and non-pecuniary determinants of vocational choice and spatial labor supply. It identifies the determinants of individual’s choice of jobs and place of residence, and provides a better...

The increasing use of agricultural contracts and processor concentration raises concerns that processors may offer lower contract prices in absence of local competition. This study examines the price competitiveness of marketing and production contracts depending on the availability of...

On the verge of EU accession, Poland’s agricultural sector is characterised by anumber of distinct structural weaknesses, which are a major reason for the unsatisfactoryincome situation of rural households. Among these weaknesses are thatfarm productivity is substantially below EU standards,...