We utilize county-level data to explore growth determination in the U.S. and possible heterogeneity in growth determination across individual states. The data includes over 3,000 cross-sectional observations and 39 demographic control variables. We use a consistent two stage least squares...

Regional allocation of public investment has been considered of a great interest over the years. Regional policy uses investments as a basic developmental tool and it seeks for an effective allocation among the regions. In addition, national economic policy distributes investments aiming at both...

While the direct impact of geographic endowments on prosperity is present in all countries, in former colonies, geography has also affected colonization policies and, therefore, institutional outcomes. Using non-colonized countries as a control group, I develop an empirical strategy that...

While the importance of institutions for explaining cross-country income differences is widely recognized, comparatively little is known about the origins of economic institutions. One strand of the literature emphasizes cultural differences while another points at exogenous environmental...

Regional consolidated budgets are facing three main trends in 2015, namely marked growth of budget revenues, slower growth of budget expenditures, insignificant growth of debts and enhanced debt profile. The dynamics of the regional consolidated budget revenues in 2015 (according to the data on...

Local protectionism disrupts buyer-supplier chains, since it requests local firms to buy the outputs of other local firms as inputs. Hence, it is an important factor for firms' location choices, as buyer-supplier chains affect profitability. I study how local protectionism shapes the spatial...

In the varieties of capitalism literature, Germany is understood as a monolithic model of a coordinated market economy. This analysis shows how institutions for configuring capital and labour at the national level are implemented at state and regional level. By focussing on the labour side this...

An American political scientist and a Russian geographer, specialists in postcommunist political reform and Russian regional politics, respectively, adopt a subnational approach to democratization, measuring democracy in a standard fashion across 57 regions of Russia. They rate levels of...