The provision of public transit is thought to reduce travel time losses that are due to car congestion. For this reason, it is economically justified to subsidise public transit from a welfare perspective as it creates a congestion-relief benefit. The main goal of this paper is to quantify the...

During the last decade a new concept has emerged in the regional science debate, the notion of regional resilience, defined as the ability of a region to prevent, prepare, respond and recover after a disturbance, in order that this disturbance does not stand as an obstacle to the region¢s...

Regions in Germany are facing an intensifying structural change towards the knowledge economy which is affecting spatial patterns of growth. . Features of such a change know many facets: fierce competition for skilled, mobile and motivated labor force, unemployment of non-qualified labor, longer...

The economic crisis has affected the EU regions very differently over the last five years, depending on the region's strengths or weaknesses, its sectoral structure and the response of national and regional governments. In some countries, downturns can lead to narrower interregional disparities,...

There is broad agreement among economists and policy makers that economic growth is nowadays largely driven by the capacity of firms to innovate. The financial and economic crisis that started in late 2007 has had a far reaching impact on countries around the world. Spain has been one of the...

Europe as we know it, the European Union of 27 countries, has evolved from the European Coal and Steel Union of a few developed countries in a comprehensive economic and political union, which now embraces and unites most of the European continent (EU 2011). Each successive transformation and...

This paper attempts to explore the effects of post-war war economic development model followed in Greece. The model is characterized by both the neglect of Greek agriculture and the emphasis on industrialization, mainly around the two major cities, Athens and Thessaloniki. The model has to...

Analyzing the competitive performance of Romanian industry, one may say that Romania has an economy based mainly on the manufacturing industry, characterized by features such as: · high labor intensity, especially in industries such as textiles, knitwear, apparel, leather and footwear; · high...