With deregulation and globalization, and the impact of these developments on economies worldwide, it has become necessary for the PRC authorities to consider an approach that would further attune its economic engine toward sustained growth. This paper argues that certain sectors of the economy

Industrial clusters, which are commonly targeted to receive financial support allocated to locally based development projects, are seen as an effective industrial policy tool for improving productivity and generating employment. Nevertheless, identifying clusters and assessing their economic...

The objective of current article is to assess EU regional economic development imbalance and its change, by implementing an indicator system of regional development disparities. The quantitative measurement problems of regional development imbalance have not received sufficient attention. Barro...

Nowadays, policy makers in charge of designing innovation policies, especially at the regional level, are more and more adopting the cluster approach either with a view to accelerate the existing clusters or for providing the basis for the emergence of new ones. In fact, not only as a...

Entrepreneurship is an important process in regional economic development. Especially the continued growth of a minority of new firms is of major significance to the commercialization of new ideas and employment growth. These growing new firms are transforming on a structural basis, like...

Beijing-Tianjin-Hebei region is one of the most developed areas in China with a most rapid rate of economic growth. It is also a well-known region suffering great water scarcity. The water resources per capita is 118.60m³, 99.46 m³, 240.57 m³ respectively in Beijing, Tianjin and Hebei in...

This study empirically establishes a link between medieval trade, agglomeration and contemporary regional development in ten European countries. It documents a statistically and economically significant positive relationship between prominent involvement in medieval trade and commercial...

As public policies seek to advance deployment of enhanced broadband infrastructure as a means of acquiring economic advantage, the issue has arisen of the extent that additional economic performance accrues from increases in headline bandwidth speed in locations that are physically remote from...

This paper describes the completion of a 'comprehensive study of regionalism' that was conducted by a joint team of economists and economic development specialists for the Economic Development Administration (EDA). The project consisted of two main activities: an examination of the factors...

We examine the mechanism by which human capital affects economic growth and convergence, using provincial level panel data from China. We specify alternative measures of human capital and apply them to an enhanced growth model which we estimate parametrically, nonparametrically, and with a...