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hysteresis a situation where one time disturbance permanently effect the path of the economy (Romer, 2001). The social resilience … statistical analysis. Specially attention will be devoted to hysteresis. …
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This paper analyzes the dynamics of structural polarization and macroeconomic divergence in the context of European integration, where the latter is understood primarily as an increase in economic and financial openness. In the process of estimating the dynamic effects of such an openness shock...
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Italy has one of the lowest rates of entrepreneurial activity among innovation driven countries. Moreover, Italy is characterized by large territorial differences in the entrepreneurial rates. The main aims of this paper are to provide a better understanding of the factors affecting territorial...
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This paper searches for roots of current spatial pattern of professional services in location of Soviet-era R&D sector. The Soviet economy sponsored massive R&D oriented mainly on military purposes. Research was carried out in large institutions affiliated with academia or industry. After the...
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