While the new economic geography of trade and location has, understandably enough, concentrated on developing models of stylised relationships, it now seems that a review of some techniques which may be applied in empirical testing could prove useful. It is this task that will be approached here, conditioned by the advances taking place in new economic geography on the one hand, and in spatial ...

This paper discusses the question of whether institutions matter for regional development and, if so, of how can the institutional dimension be integrated in regional development strategies. It finds that while the role of local institutions is crucial for economic development and as a means of determining the returns of regional development policies, generating an institution-based general reg...

This paper discusses the question of whether institutions matter for regional development in the EU and, if so, of how can the institutional dimension be integrated in the European regional development effort. It finds that while the role of local institutions is crucial for economic development and as a means of determining the returns of European regional development policies, generating an i...

Analysis of spatial panel data is of great importance and interest in spatial econometrics. Here we consider cigarette demand in a spatial panel of 46 states of the US over a 30-year period. We construct a demand equation to examine the elasticity of per pack cigarette price and per capita disposable income. The existing spatial panel models account for both spatial autocorrelation and state-wi...