The paper summarizes and analyses the spatial organizations of US and their regional development policies. The first part describe the evolution of the US economy during the period 1800-2000, and the second part presents the regional policies and agencies that shape the regional development. The...

The regional development in China in the period 1949-2000 has two stages. In the first one (1949-1978), the aim was to control the territory. During three decades the government encouraged the convergences of per capita income among regions, rural, and urban areas, the industry was...

The aim of this paper is to present some preliminary considerations of the relationship between exchange rates, external constraints and economic growth from a formal model that considers two regions, one developed and other developing countries, which interact via international trade. It is...

This working paper is an initial effort to analyze theoretical contributions from New Institutional Economics (NEI), specially the Transaction Costs framework, for understanding financial mechanisms to innovation. Transaction Costs economy is one hand from firm’s contractual theories that...

The objective of this study is to evaluate the different channels in which human capital affects income level and growth and to use a proxy of human capital variable that incorporates quantitative and qualitative aspects of this factor. The human capital proxy that will be used is years of...

Technological change and innovation is now playing an important role in economic growth. In this framework, investigations towards financial system role in financing technological change and innovation are important contributions to comprehend sources of economic growth. Financing innovation...