By drawing on the concept of sustainable economic development, this study advances the
research on debt sustainability in the economic literature. We explore the correlation …

This paper examines the relationship between output volatility and regional growth in
Europe. To that end, we present a spatially augmented stochastic growth model with …

It is argued that fiscal policy can play a part in preventing a possible downward spiral or be
instrumental in achieving a higher long‐term path of growth. Never before has this argument …

The main players in rural development are for instance, factors as impact of technologies,
development of domestic and foreign markets, benefits in communication and transport and …

This paper examines the link between macro volatility and economic growth in the lens of
spatial econometrics. We present an unconstrained spatial Durbin Ramey-Ramey model …

The paper applies the modern portfolio theory and stochastic frontier analysis to gross value
added growth rates in Europe and presents evidence of convex growth‐instability frontiers …

The aim of this article is to compare 2008-2010 recession magnitudes in individual EU
countries. For the comparison the recession magnitude scale was used. The strongest …

Assessing the return of the EU's regional financial support, the research examines whether
financial support promotes economic growth, increases labour productivity, and creates new …

The paper provides evidence of convex growth-instability frontiers for 19 Asian countries
based on the shares of different economic activities in gross value added between 1991 and …

This paper deals with the analysis of regional income disparities of the net disposable
income of households (in Euro per inhabitant) across the regions of Central Europe (Austria …