In the US and Europe many clusters initiatives have recently been launched. National and regional governments have been defining and implementing clusters policies and programmes with the aim to identifying, launching and finally consolidating international competitive clusters in their...

Clusters and cluster policy has become a widespread phenomena. The general thought shows that, somehow, clusters are directly related to business competitiveness and regional growth. In this context, the Spanish Ministry of Industry has implemented a cluster policy since 2007 known as the AEIs...

The comprehensive and complex category of territorial capital is regarded as a crucial driving force behind regional development. It does, however, depend upon increasingly growing tangible and intangible interlinks and interdependencies of a particular region with a closer and further...

This paper describes some of the features of a new dynamic general equilibrium framework (RHOMOLO) being developed at the European Commission (JRC-IPTS, together with DG REGIO) for evaluating EU Cohesion Policy. The design of the model reflects the objectives of Cohesion Policy, and a broader...

Transport sector has a long tradition of using the principles of practical cost benefit analysis (CBA) in project appraisal that analyses the primary impacts of transport investments. The standard transport project assessment is necessary but not sufficient for the estimation of the wider...

In Brazil, the regional development policy is directed by the regional development funds for the Northeast (FNE), the North (FNO), and the Central-West (FCO), which invested more than ?36 billion in lagging regions between 2004 and 2010. This policy seeks to facilitate the economic and social...

We aim to understand the impact of nation-wide structural policies such as product market regulation and employment protection legislation and that of macroeconomic factors such as trade exposure, inflation and the level of government debt on the economic growth of regions in the OECD. In...