This research examines the economic origins of Islam and uncovers two empirical regularities. First, Muslim countries, virtual countries and ethnic groups, exhibit highly unequal regional agricultural endowments. Second, Muslim adherence is systematically larger along the pre-Islamic trade...

With the advent of big data in economics machine learning algorithms become more and more appealing to economists. Despite some attempts of establishing artificial neural networks in in the early 1990s, only little is known about their ability of estimating causal effects in policy evaluation....

Tourism satisfaction is one of the most important components in the analysis of tourism behavior as, it not only affects the choice of tourism destination and the consumption of products, but also affects tourist's future decision to return to the same destination. The main objective of this...

This paper aims to indicate that an economic recovery of the European economy can be pulled by an increase of the aggregate demand and by the adoption of a new European cohesion policy having an industrial and a territorial dimension. The paper illustrates a theoretical model: the model of the...

The category of economic-geographical position (EGP) is one of the most common in regional science in Russia. N. Baranskiy firstly proposed the concept: "EGP is an attitude of any place to other outside lying givens that have a particular economic significance. It is extremely important to a...

In recent decades industrial clusters and agglomerations were recognized as drivers of regional and often national economic growth and competitiveness. Based on this cluster policy has been widely used to spur economic change, especially on the sub-national level. The public support to cluster...

This paper analyzes whether housing-related macroprudential policy has heterogeneous effects on house price growth in local housing markets. More specifically, we employ an extensive dataset of Belgian municipalities containing a multitude of drivers of local house price dynamics and examine the...

Die Lausitz als länderübergreifende Region in Südbrandenburg und Ostsachsen mit mehr als einer Million Einwohnern steht wie alle Regionen Ostdeutschlands vor großen Herausforderungen. Insbesondere der dramatische Bevölkerungsschwund und seine ökonomischen Auswirkungen werden in den...