This paper sets up an Evaluation Index System of the regional financial center with variable selected from three dimensions: economic development, financial development degree and innovation environment support. The principal component analysis methodology is then used to evaluate competition of six cities including Guangzhou. According to the composite score, Guangzhou is ranked fourth, behind...

The article contributes to the existing system to assess efficiency of regional executive authorities. It involves factors defining regional development outlook in terms of efficiency, effectiveness and quality of managing hidden economy as well as judicial and legislative power. It develops general guidelines to improve regional public management in the course of establishing computer oriented...

This paper uses an institutional approach to investigate the relationship between the regional institutional environment and regional new firm formation. The importance of perceived attitudes regarding private enterprises, local taxes, political majority, the size of the government sector and perceived rules and bureaucracy on new firm formation in 286 Swedish municipalities are investigated. T...

China’s recent accession to the WTO is expected to accelerate its integration into the world economy, which aggravates concerns over the impact of globalization on the already rising inter-regional income inequality in China. This paper discusses China’s globalization process and estimates an income generating function, incorporating trade and FDI variables. It then applies the newly developed ...

Economists have long been interested in the performance of specific regional economies and the forces driving a particular economy. The McCarthy–Steindel and Kuttner– Sbordone studies of the New York metropolitan area follow in this tradition. McCarthy and Steindel focus on documenting the performance of New York relative to that of the nation and distinguishing the roles of national and region...

This paper develops a two-regional growth model with amenity, capital accumulation and regional public goods with public goods and fiscal policies. The economy consists of two regions and each region consists of the industrial sector and public sector. The industrial sector provides goods in perfectly competitive markets. The public sector, which is financed by the regional government’s tax inc...

it can be argued that fuel and energy sector plays a crucial part in the countries' development and improvement of people's living standards, constituting a pillar of economic development for nations. electricity is considered as an infrastructure for economic, social and cultural development in a way that the growth in electric power is evaluated as an indicator for measuring the gro...