Bulletin n. 1/2015
June 2015
CONTENTS
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
  • Benos Nikos, Karagiannis Stelios, Karkalakos Sotiris
    Proximity and growth spillovers in European regions: The role of geographical, economic and technological linkages
    in Journal of Macroeconomics , Volume 43, March 2015 ,  2015 ,  124-139
    This study examines the role of proximity in regional growth using a multi-dimensional framework, for seven EU countries during 1990–2005. We incorporate geographical as well as economic and technological effects in two seminal growth models in order to test for the existence and magnitude of interregional externalities. Our findings show that spillovers are important for European regional growth, regardless of the measure of proximity; thus regions surrounded by dynamic entities are likely to growth faster than otherwise. Moreover, our results underline the need for coordinated EU policies aiming at higher physical and human capital accumulation, taking into account regional synergies.
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