Regional economic development is driven by the accumulation of production factors. More traditional factors like labour and physical capital are accumulated under the law of diminishing returns. This, in turn, allows less developed regions to better perform. Recent branches of theoretical and...

Spatial aspects of economic and social cohesion have become a major target in European policy in the last decades. By combining the structural funds with spatial development perspectives, the recently introduced concept of territorial cohesion obviously functions as link between EU regional...