The monograph deals with analysis of the factors that determine the diversity in the degree and pace of economic development of Russia's regions. In particular, basing on the data of main socio economic indicators of RF constituent regions' performance, the authors have empirically tested...

Using census-type data of Hungarian firms, we test the Marshall-Arrow-Romer (MAR) hypothesis on the impact of agglomeration economies on regional economic growth. The results suggest that MAR type of local knowledge externalities have a significant positive impact on TFP growth. However, initial...

In the first five months of 2018, socio-economic dynamic improved; however, there was no sustainable growth in most regions. Russian territories' budgets have also improved: in the course of presidential elections, regional transfers have substantially grown, and so have social expenditures

This paper discusses regional development patterns in China, and examines effective ways of using development aid to attain regional balanced growth through optimizing growth spillover effects. Based on provincial panel data from 1978 to 99, the paper constructs an indicator "neighbor...

Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...

Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...

Economic growth is a frequently analyzed aspect, both from theoretical and empirical standpoint, under the impact of the influence factors, while the issue of economic growth was studied by applying different methods and obtaining different results. In the case of EU28, the problem of economic...

New entrepreneurial ventures may represent a viable and effective mechanism to transform academic knowledge into regional economic growth. We test this notion for the Italian provinces between 2001 and 2006. We evaluate three outputs of academic activities: teaching, research and Intellectual...