Economic growth in China and India has attracted many headlines recently. As a result, the literature comparing the two Asian giants has expanded substantially. This paper adds to the literature by comparing regional growth, disparity and convergence in the two economies. This is the first of its kind. The paper presents a detailed examination of economic growth in the regions of China and Indi...

In the aftermath of the financial crisis, with periphery countries in the European Union even more falling behind the core countries economically, there have been quests for various kind of fiscal policies in order to revert divergence. How these policies would unfold and perform comparatively is largely unknown. We analyze four such stylized policies in an agent-based macroeconomic model and s...

Conventional wisdom indicates that economic specialization can promote economic growth, whereas economic stability is theoretically associated with diversified economies. This conflicting relationship between specialization and diversity has been questioned, as regional scientists have suggested that specialization and diversity can coexist in a regional economy and proposed the concept of dive...

Regional economics has a long tradition in analytical research and policy modelling, with the aim to enhance our understanding of regional competitiveness conditions and of the emergence, persistence, and mitigation of spatial socio-economic disparities. Unequal regional development in our open economy has prompted a long-lasting debate on the validity and usefulness of economic growth theories...

D evelopment of social and economic infrastructure in every region is of the basic requirements of economic growth. Infrastructure stimulates economic activity, enhance the productivity of private sector’s inputs, improve economic performance and thus sustainable economic development, enhancing the social welfare and better income distribution. Since the different kind of infrastruct...

The NBA lockout of 1998-1999 resulted in the cancellation of a significant number of games. According to the claims made by proponents of sports-driven economic growth, cities with NBA franchises should experience significant negative economic losses from this work stoppage because of the lost spending in and around basketball arenas during this event. Although it will be several years before a...

Regional knowledge capital has become one of the key factors of economic development of a nation and region, and enhanced the regional competitiveness greatly. In this paper, firstly, the connotation of the regional knowledge capital is introduced, and then the synergy model of the system between knowledge capital and regional economic growth is constructed. Secondly, the synergy of the model i...

The past decade has seen a number of studies of how the poverty incidence (the percentage of families below the poverty line) of certain demographic groups changes in response to economic growth. In the pre!3ent study, the responsiveness of family income to regional economic growth is examined for a sample of rural and rural poor Wisconsin families with nonaged, nQndisabled heads. Ordinary leas...