This paper deals with the effects of publicly funded research on regional technological progress and economic growth. We adopt a system approach and investigate the effects on all regional input factors and output by means of a flexible spatial panel VAR (SpPVAR) model. This allows us to deal...

Applied econometrics has recently emphasized the identification of causal parameters for policy analysis. This revolution has yet to fully propagate to the field of regional science. We examine the scope for application of the matching approach – part of the modern applied econometrics toolkit...

The main objective of the thesis is to contribute to the field of entrepreneurship in the areas of new firm formation, regional economic development and individual behavior. First, the results indicate that regional new firm formation activity is path-dependent over time. The main factors that...