It has long been argued that geographic co-location supports knowledge spillovers. More recently, this argument has been challenged by showing that knowledge spillovers mainly flow through social networks, which may or may not be localized at various geographic scales. We further scrutinize the...

The dramatic rise in Canada's average house price to average rent ratio has induced some commentators to argue that a speculative bubble is under way the collapse of which will have a calamitous effect on the economy. Others have argued, however, that the currently high level of house prices may...

The dominance of English common-law countries in prospects for financial development in the legal-origins debate has been debunked by recent findings. Using exchange rate regimes and economic/monetary integration oriented hypotheses, this paper proposes an "inflation uncertainty theory" in...

This paper begins with a conceptual approach to the third sector, followed by a review of the relationship between investment and growth. The empirical component focuses on Portuguese NUT III Douro and Alto Trás-os-Montes regions, which are said to be less developed, and have been the...

Russian Federation is one of the countries in the world where concentration of decreasing areas is the highest. Vast majority of such territories is located in the European part of the country. At the same time the state policy in the field of regulation of socio-economic development still has...

In this paper we provide a brief overview of some of the most recent empirical research on spatial econometric models and spatial data mining. Data mining in general is the search for hidden patterns that may exist in large databases. Spatial data mining is a process to discover interesting,...

Unemployment and migration are known effects of financial and economic crisis. This paper tries to understand the spatial patterns of those effects in a city and its surroundings considering the direct and induced impacts, the migration flows between the city, the surroundings and the outside...

This paper develops a methodology to predict and to thus possibly mitigate the economic impacts of major catastrophes, such as earthquakes and tsunamis. The short-run impacts are assumed to be determined by the attempts of economic actors to return to the pre-catastrophe economic situation as...

Interest in territorial forms of organisation of production is currently at its peak, both among researchers striving to describe and explain various phenomena and among practitioners - representatives of authorities, entrepreneurs or experts involved in developing the idea. On this basis, the...

Tourism management literature in the last decades has paid much attention to the study of resident perceptions and attitudes towards tourism development. Results of empirical research have variously linked such perceptions and attitudes to issues of socio-economic growth and socio-environmental...