The China-Pakistan Economic Corridor CPEC, a multi-billion dollar infrastructure investment project, is heralded as a game changer for Pakistan's economy and regional cooperation. Being a crucial part of a major development initiative led by China, known as ‘One Belt, One Road' (OBOR), to...

The article provides an assessment of the regional convergence process between the Western European regions since the 1950s. Two sets of issues are addressed: (a) Is there sufficient evidence of regional convergence? If so, has the speed of convergence changed over time and is this speed...

The article provides an assessment of the regional convergence process between the Western European regions since the 1950s. Two sets of issues are addressed: (a) Is there sufficient evidence of regional convergence? If so, has the speed of convergence changed over time and is this speed...

This paper uses a harmonized dataset of annual nightlight to predict district-level GDP for the 64 districts of Bangladesh over the period 1992-2020. The premise of the paper originates from the work of Henderson et al. (2012), who assert that a simple constant elasticity relationship...

Individual location decisions are not given much respect by local governments. Governments frequently use zoning and other regulatory rules to spread development across a city, claiming that the whole city, and not just one favored or disfavored part, should get the benefits and bear the costs...

The geography of innovation describes the importance of proximity and location to innovative activity. As part of what has been termed the new economic geography, this area of research is less than 20 years old, and is now developed sufficiently so that the discussion can be organized around...

According to national accounts data, value added per worker is much higher in the non-agricultural sector than in agriculture in the typical country, and particularly so in developing countries. Taken at face value, this "agricultural productivity gap'' suggests that labor is greatly...

This paper revisits the work of Richard Cantillon and Francois Quesnay in order to conceptualise the dynamics between rural and urban areas in an economy. Concepts of social surplus and economy as a circular flow are presented in order to highlight the interrelationship between the growth...

Core infrastructure, which covers transportation, information and communication (ICT), energy, water and sanitation systems, plays a significant role in economic growth. The development of core infrastructure - one of the European Union (EU) Cohesion Policy (CP) priorities - is heavily funded....

Concerns are mounting over the potential for weak future growth as the Korean economy faces a wide range of structural issues including an aging society, a crisis in key regional industries, and the COVID-19 pandemic. Due to these concerns, the Korean government has established innovation growth...