Tag: R58

USING ENTERPRISE ZONES TO ATTRACT THE CREATIVE CLASS: SOME THEORETICAL ISSUES

Amitrajeet A. BATABYAL

Arthur J. Gosnell Professor of Economics, Department of Economics, Rochester Institute of Technology, Rochester, NY 14623-5604, USA

aabgsh@rit.edu

Seung Jick YOO

Associate Professor, Sookmyung Women’s University, Seoul, Republic of Korea

sjyoo@sookmyung.ac.kr

Corresponding Author

Abstract

We study decision-making by a regional authority (RA) that uses enterprise zones to attract members of the creative class—referred to as entrepreneurs—to its region. The enterprise zones provide a local public good (LPG)  to entrepreneurs who become members. First, we compute the utility maximizing number of entrepreneurs  to attract and the optimal provision level of the LPG. Second, if the LPG  is chosen optimally, then, given  we determine an expression for the utility of an entrepreneur. Third, we calculate how much an entrepreneur would be willing to pay to become a member of an enterprise zone and then discuss the potential existence of an efficient and revenue-neutral equilibrium. Finally, we comment on some theoretical difficulties stemming from the twin facts that the number of enterprise zones created and the number of entrepreneurs attracted to these zones have to be integers.

Keywords: Creative Class, Enterprise Zone, Entrepreneur, Local Public Good, Membership

JEL classification: R11, R58

 pp. 13-19

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THE COMPLEX RELATIONSHIP BETWEEN AIR TRANSPORT INFRASTRUCTURE AND REGIONAL DEVELOPMENT. AN EMPIRICAL INQUIRY

Daniela- Luminița CONSTANTIN

Professor at the Department of Administration and Public Management, The Bucharest University of Economic Studies; Bucharest; Romania

danielaconstantin_2005@yahoo.com

Ana-Maria MARCU

Reseαrcher, Administration and Public Management, Faculty of Administration and Public Management, The Bucharest University of Economic Studies; Bucharest; Romania

marcuana19@stud.ase.ro

Abstract

Nowadays the development of the air transport infrastructure is acknowledged as an important driver of regional development, while the economic development processes impact the demand and volume of air transport as well. This paper investigates the complex relationship between air transport infrastructure and regional development proposing an empirical analysis for the case of Romania, whose relevance is supported by her unprecedented dynamism in the general European framework at the same time with the tendency of reducing regional disparities, the balanced geographical distribution of the airport network, and the country’s geo-strategical position in the new international force field. By applying an in-depth analysis which combines the examination of strategic documents with the interpretation of statistical data and semi-structured interviews, relevant findings are provided with regard to the significance of air transport infrastructure in a context described by diversity of regional development levels, accompanied by insights into the policy-making framework, with emphasis on the requirements to be met for proper responses to the need to reinforce the air transport sector and to integrate the national vision with the specific regional development aspects.

Keywords: air transport infrastructure, regional disparities, place-based approaches, resilience, integration

JEL classification: R11, R19, R42, R58

 pp. 61-80

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THE REGIONAL ECONOMIC INDICATORS AND ECONOMIC DEVELOPMENT OF KOSOVO

Christos Ap. LADIAS

Professor, Regional Science Inquiry Journal, Greece

Ladias@rsijournal.eu

Filipos RUXHO

Professor Ass. Dr., Department of Business and Management, Universum College, Kosovo

filip.ruxho@universum-ks.org

Corresponding Author

Fernando José Calado e Silva Nunes TEIXEIRA

Professor Ass. Dr., Faculty of Economy, Institute Polytechnic de Beja, Portugal

fernando.teixeira@ipbeja.pt

Susana Soares Pinheiro Vieira PESCADA

Professor Ass. Dr., Faculty of Economy, University of Algarve, Portugal

spescada@ualg.pt

Abstract

This paper examines the importance of regional economic indicators in the economic development of Kosovo. Regional economic indicators provide valuable insights into the economic performance and potential of different regions within a country. By analyzing these indicators, policymakers can design targeted strategies that promote economic growth and reduce regional disparities. In Kosovo, regional economic disparities have been a persistent challenge, with some regions experiencing significantly higher levels of poverty and unemployment. The paper argues that the adoption of regional economic indicators can help identify and address these disparities. Several indicators are examined, including income per capita, unemployment indicators, and the poverty rate to provide a comprehensive overview of regional economic development in Kosovo. Analysis of secondary data through the method of descriptive statistics reveals significant disparities in different regions and underlines the need for targeted policies and interventions. In conclusion, it underlined the importance of developing a strong and reliable system for the collection and reporting of regional economic indicators, which can inform evidence-based policy-making and support a more equitable and sustainable regional economic development in Kosovo.

Keywords: dicator, regional development, income per capita, decent work

JEL classification: J30, J80, O10, M10, R10, R58

pp. 73-83

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