Institutions

ROLE OF INNOVATIONS AND KNOWLEDGE – INFRASTRUCTURE AND INSTITUTIONS

by András Nábrádi There is a well known saying: Research converts money into knowledge, innovation converts knowledge into money. The knowledge-based economy has four pillars: innovation, education, the economic and institutional regime, and information infrastructure. Transformation towards a knowledge-based economy will necessarily shift the proportion and growth of national income derived…

THE POLITICAL ECONOMY OF AGRI-ENVIRONMENTAL MEASURES: AN EMPIRICAL ASSESSMENT AT THE EU REGIONAL LEVEL

by Danilo Bertoni & Alessandro Olper The paper deals with the political and economic determinants of EU agri-environmental measures (AEMs) applied by 59 regional/country units, during the 2001-2004 period. Five different groups of determinants, spanning from positive and negative externalities, to political institutions, are highlighted and tested using an econometric…