The paper provides an explanation of the mechanisms underlying trade <p> roots of the contagion effects emanating from the recent turmoils. It is argued <p> that under demand uncertainty risk averse behavior of firms provides a basis <p> for international trade. The paper shows by means of a simple...</p></p></p>

This paper adopts a spatial econometric perspective to analyse regional convergence of per capita income in Europe in 1995 to 2000 and, moreover, relaxes the assumption of a single steady-state growth path which appears to be out of tune with reality of empirical dynamics. The two-club spatial...

The main objective of this paper is to provide greater understanding of the systems of innovation approach as a flexible and useful conceptual framework for spatial innovation analysis. It presents an effort to develop some missing links and to decrease the conceptual noise often present in the...

Building a feedforward computational neural network model (CNN) involves two distinct tasks: determination of the network topology and weight estimation. The specification of a problem adequate network topology is a key issue and the primary focus of this contribution. Up to now, this issue has...

The paper is concerned with the impact of market research prior to integration with European Union (EU) on the structures of noncompetitive industries in integrated economy. The analysis focuses on monopolistic markets with stochastic demand. Firms are considered in dynamic multiperiod model,...

This paper presents a methodology for neural spatial interaction modelling. Particular emphasis is laid on design, estimation and performance issues in both cases, unconstrained and singly constrained spatial interaction. Families of classical neural network models, but also less classical ones...

The need to account for spatial autocorrelation is well known in spatial analysis. Many spatial statistics and spatial econometric texts detail the way spatial autocorrelation can be identified and modelled in the case of object and field data. The literature on spatial autocorrelation is much...

The focus in this paper is on knowledge spillovers between high-technology firms in Europe, as captured by patent citations. High-technology is defined to include the ISIC-sectors aerospace (ISIC 3845), electronics-telecommunication (ISIC 3832), computers and office equipment (ISIC 3825), and...