Universities are emerging growth determinants. This is so as, in addition to the fulfillment of their traditional role in teaching and (basic) research, universities, as aptly described within the helix framework, are expected to engage in regional development processes. The paper aims to detect...

Employing a stochastic Brownian pattern for labor income under liquidity constraints, the paper derives closed-form solutions for households" consumption and shows how both the multiplier and the variability of consumption increased after the global crisis and were further enhanced by the...

This paper analyses for the first time the spatial structure of south-eastern Europe in an effort to assess regional imbalances, border conditions, urban hierarchies and detect the adjustments of the region to the forces of integration and transition. The analysis is based on a unique data base...

This paper challenges the ability of the conventional literature initiated by Barro and Sala-i-Martin (1991, 1992) to detect actual convergence or divergence trends across countries or regions and suggests an alternative dynamic framework of analysis, which allows for a better understanding of...

The process of Central and Eastern European Countries’ (CEEC) transition from central planning to market economy has resulted in industrial restructuring and labor reallocation across branches and regions. The paper identifies patterns of industrial activity in Bulgaria, Romania, Slovenia,...

The European economic landscape has changed dramatically during the last decade, following the collapse of the bi-polar world. The parallel and interacting processes of economic integration and transition are the driving forces of these changes. In this context, the EU new member-states...

Borders and border regions receive a special attention in the new post-1989 European architecture characterized by the processes of integration, transition and enlargement. What is actually happening to borders and border regions within this new environment? Are borders being abolished, weakened...

The process of EU integration has been associated with a variety of outcomes in time and space. A critical question has to do with the impact of open markets on the differences, in economic performance, among more and less advanced countries. Given that industrial activity is more exposed to the...

An empirical model has been deployed to account for regional industrial growth and performance in Greece's post EU-accession period. The results obtained suggest that the effect of European integration on manufacturing has been rather adverse across Greek regions. Regions that are more...