This paper gives an assessment of the relative strengths and weaknesses of a variety of economic approaches commonly used for cost estimates for limiting CO2 emissions, including the ad nod approach, the dynamic optimization approach, the input-output approach, the macroeconomic approach, the...

Two kinds of problems have generally been encountered in measuring the effects of instruments of regional policy. The first concerns the construction of an adequate method, which should (a) take explicitly into account the multidimensional character of a regional profile, (b) disentangle policy...

In the literature on measuring of the effects of regional policy four methodological problems can be distinguished: first, handling the multidimensional nature of the regional profile; second, separation of policy effects from autonomous developments; third, comparison of different policy...

Lagged variables play an important role in cross-sectional models in geography and regional sciences. This paper starts with an overview of the situations in which they may be required. Lagged variables also pose serious problems from a statistical point of view: multicollinearity and the...