In the 1990s polytechnic education reform took place in Finland, which gradually expanded higher education to all Finnish regions; the polytechnics constituted a new non-university sector in higher education. This reform is used to study the causal effect of education on the inter-regional...

The protected natural areas, by their aesthetic, recreational, educational and scientific valences, represent extremely attractive tourist destinations, some of them unique at international level. Their touristic exploitation has different forms from a country to another, from a type of...

In contrast to the Entrepreneurial Recycling Model (EREC), the Entrepreneurial Remedy Model (EREM) demands an active role of innovation to create an environment where small and medium size companies (SMEs) are developed. The EREM may provide a conceptual platform which may explain why developed...

This paper aims at analyzing location choice among foreign companies in Sweden. Using an empirical approach on micro data, their location choices are explored at the regional level and analyzed in a typology setting. Controls are made for industrial sectors and the role played by agglomeration...

One of the most important aspects of current economical and social reality of each local and regional territory, and very much determinative for its economic development potential, is the nature of its territorial organization of the productive processes, as well as, the characteristics, and...

We measure country welfare by an index number calculated from welfare components like GDP per capita and expected length of life. We rank countries from high to low welfare using such estimated welfare indices. In such calculation the chosen welfare components, the procedures used to normalize...

The creative economy is playing a more and more important role in regional development to generate income and jobs opportunity. At the centre of creative economy, many evidences show that the creative industries are the most dynamic emerging sectors. In many countries, especially in developed...

The seemingly unrelated regressions (SUR) equations are a traditional multivariate econometric formulation employed in very different fields including, obviously, spatial analysis. The basis of the approach is very well known due to the initial works of Zellner (1962), Theil (1971), Malinvaud...

The balance of payments can act as a constraint to the rate of growth of output, on putting a limit to the growth in the level of demand to which supply can adapt. This effect might be even stronger for regional economies, presumably more integrated among them. In this paper, we examine this...

Although in this part of the European continent a series of success stories developed over the last years, such as the transnational automotive sector in the middle Danubian area, there is a lack of visibility of small and medium enterprises activity on transnational level. The main aim of our...