This paper attempts to clarify how the European economic crisis from 2007 onwards can be understood from the perspective of a Marxian monetary theory of value that emphasizes in-trinsic, structural flaws regarding capitalist reproduction. Chapter two provides an empirical description of the...

In recent years, the role attached to the autonomous components of aggregate demand has attracted rising attention, as testified by the development of the Sraffian Supermulti plier model (SSM) and the attempts to include autonomous demand in the Neo-Kaleckian model. This paper reviews and...

The relationship between economic structure and productivity growth has been a subject of increasing interest over recent decades. The innovative focus of this paper concerns the role of the service sector in this relationship at a regional level. Services play a core role in advanced economies,...

In 2011, the European Commission (EC) proposed a new version of the Energy Taxation Directive (ETD), a tax affecting the price of energy products. The main aim was to increase the effectiveness of the instrument through stronger fiscal pressure and to coordinate the environmental taxation with...

The analysis focuses on carbon-motivated border tax adjustment (CBTA). CBTA are tariffs applied to imports designed to avoid drawbacks of emission reduction policies when only one or few regions (the abating regions) implement them. Through CBTA the abating regions level out different treatment...

We use the World Input-Output Database (WIOD) combined with regional sectoral employment data to estimate the potential regional employment effects of interna‑tional trade barriers. We study the case of a no-deal Brexit in which imports to the United Kingdom (UK) from the European Union (EU)...

The article investigates the economic contribution of tourism to the GDP. We review background methodologies, systematically collect data for EU countries, and develop a sound and ready-to-use procedure for computing indirect and total economic impacts. The routine is then applied to selected...

From a macroeconomic perspective and using input-output techniques, this paper investigates to what extent, and how, the growing use of intermediates imported from China has contributed to the productivity growth within the manufacturing production processes of 22 high-income countries. Using...

This paper develops a simple method to consistently break down world input-output tables to regional input-output tables. They are used to estimate Cohesion Policy-induced demand spillovers in the EU, covering the years 2007-2018. Results indicate that Cohesion spillovers from less developed...

Economic development is interregional in nature, with economic growth being determined by physical and technological proximity identified by interregional and national cross-border interactions in trade, investments, and knowledge. This report explains the construction of a system of...