The ability to adjust to structural change is vital to economic development, and entries can be active participants in this process. This paper aims to shed some light on the relation between entrepreneurship and growth by arguing that entrepreneurial activity relates to growth via reallocation...

At the beginning of the XXIst century, the importance of innovation is brought in light mainly due to the huge differences that exist between the living standard of the richest and of the poorest nations, differences that could be partly explained through the fact that the most advanced...

This paper analyses the determinants of growth of American cities, understood as growth of the population or of per capita income, from 1990 to 2000. This empirical analysis uses data from all cities with more than 25,000 inhabitants in the year 2000 (1154 cities). The results show that while a...

A large and still growing body of literature suggests that entrepreneurship is of exceptional importance in explaining regional specific efficiencies of knowledge spillovers. Although quantifying the impact of entrepreneurial activity for economic growth is an interesting issue -- particularly...

Does trade improve institutions and contribute to long run growth? I develop a theory of trade, in which trade liberalization provides incentive to change institutions in two ways. On the one hand, trade leads to specialization according to comparative advantage, expanding the industries that do...

The effect of entrepreneurship on regional economic growth has been a research agenda for the last two decades. Entrepreneurship, by creating employment, fostering competitiveness or affecting employment, somehow contributes to economic development. While entrepreneurship is mostly defined or...

The purpose of this study is to analyze the conditions and change of spatial inequality of South Korea according to the spatial policy. For this, this study will characteristics of the spatial policies by Korean government for 20 years (1995~2014), and will analyze what effect the spatial policy...

This paper is an attempt to explain variations across EU regions in productivity growth and takes into consideration the important structure of the age-productivity relation of Human Capital. The study is fundamentally based on the theory of Fingleton's model which analyses the spatial process...