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This paper reconsiders the theoretical foundations of EU regional policy in economics. It begins with a discussion of the line of thought of its prevalent explanation in equilibrium economics which is focusing on market failures as its key underpinning and which is the major toolkit of...
Persistent link: https://www.econbiz.de/10011487099
New economic geography focuses on the impact of falling transport costs on the spatial distribution of activities. However, it disregards the role of technological innovations, which are central to modern economic growth, as well as the role of migration costs, which are a strong impediment to...
Persistent link: https://www.econbiz.de/10011499913
The present paper describes the modelling of regional labour markets in the newly developed dynamic spatial general equilibrium model RHOMOLO, where the labour market equilibrium is determined by firms' labour demand, a wage-curve determining unemployment, and interregional labour migration. The...
Persistent link: https://www.econbiz.de/10011581448
We investigate the effectiveness of European Structural Funds on employment, population and house prices in Local Labor Markets (LLM) located in Southern Italy. We exploit the variability in disbursements between 2007 and 2013 and estimate the impact of the interventions by allowing for...
Persistent link: https://www.econbiz.de/10011481850
Persistent link: https://www.econbiz.de/10014226922
This paper considers diversity of the knowledge of expats as a complementary dimension of human capital that may generate spillovers. Such, often intangible, knowledge about foreign markets, management skills, and other complementary information may enhance the productivity of these expats, or...
Persistent link: https://www.econbiz.de/10011535229
This paper reconsiders the economic explanation of EU regional policy from an evolution- ary perspective. It contrasts the neoclassical equilibrium notions of market and government failure with the prevalent evolutionary neo-Schumpeterian and Austrian-Hayekian perceptions. Based on this...
Persistent link: https://www.econbiz.de/10011479448
The current urban planning model for Spanish cities does not meet the criteria for successful urban sustainability, in fact quite the opposite, it follows the disperse city model introduced twenty years ago by the boom in the construction industry and improved communication infrastructures. In...
Persistent link: https://www.econbiz.de/10011524745
The sectors of transport and energy are at a turning point, which is generated by various factors such as climate change, population growth and its reliance on classic fuels , the necessity of access to modern energy services for the rural population. The solution would be widespread use of...
Persistent link: https://www.econbiz.de/10011591200
The pattern of development of the economies of Europe and the world in recent decades is a focus on sustainable … established as one of the goals of government policy in many countries of the world. The concept of sustainable development solves … planning, allow predicting the possible environmental consequences of economic growth in Europe and the world. The use of the …
Persistent link: https://www.econbiz.de/10012176430