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Despite the importance of interregional trade for building effective regional economic policies, there are very few hard data to illustrate such interdependencies. We propose here a novel research framework to predict interregional trade flows by utilizing freely available Web data and machine learning algorithms. Specifically, we extract hyperlinks between archived Websites in the United Kingdom and we aggregate these data to create an interregional network of hyperlinks between geolocated and commercial Web pages over time. We also use existing interregional trade data to train our models using random forests and then make out-of-sample predictions of interregional trade flows using a rolling-forecasting framework. Our models illustrate great predictive capability with R2 greater than 0.9. We are also able to disaggregate our predictions in terms of industrial sectors, but also at a subregional level, for which trade data are not available. In total, our models provide a proof of concept that the digital traces left behind by physical trade can help us capture such economic activities at a more granular level and, consequently, inform regional policies. [ABSTRACT FROM AUTHOR]

Relatedness is a popular concept for regional branching within Smart Specialisation. However, this proximity-network approach misses its regional perspective, making difficult its operationalization in regional policies. This paper advances the regional perspective of relatedness for improving prioritization in Smart Specialisation by combining the concepts of technological relatedness and sectoral specialization. Using a four-stage methodology, we reveal potential Smart Specialisation priorities for a set of 16 European regions considering both cognitive links arising through technological relatedness and their regional structures. The proposed methodology reduces the stress of regional stakeholders participating in entrepreneurial discovery processes by providing a narrower set of priorities. [ABSTRACT FROM AUTHOR]

This paper emphasizes the role of regional determinants in the technical efficiency of the Greek economy. We employ a regional production function which is simultaneously estimated with an inefficiency equation. The results underline the considerable and growing core-periphery disparities in technical efficiency. They show the significant efficiencyenhancing impact of intra-regional market access and its dispersion. They also demonstrate that interregional market access, specialization, sectoral concentration and human capital exert a positive but varying influence on the efficiency of Greek regions. [ABSTRACT FROM AUTHOR]

Since the mid-15thcentury, the space economy in Africa has assumed an imperial outlook under the influence of European mercantilism. It was the era that unfettered capitalism prevailed as economic orthodoxy for control of regional economies. At the inception of fettered capitalism in the mid-20thcentury, an imperial structure that served western interests under colonial rule was further entrenched in many African countries. At the turn of the 21stcentury, neoliberalism emerged as global economic orthodoxy, and free-trade relations implemented to manage Euro-American and Chinese mercantilism worldwide. This unleashed epistemological ideologies that ushered in urban productivity decline in the African space economy. As an entry point to address this urban development challenge in new regionalism, this article makes a case for neo-mercantilism as an alternative development ideology for Africa. [ABSTRACT FROM AUTHOR]

Copyright of Regional Studies is the property of Routledge and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Regional Studies is the property of Routledge and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Regional Studies is the property of Routledge and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Regional Studies is the property of Routledge and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Although the role of organized business in regional economic integration is well documented, extant scholarship portrays them as mere legitimizers and partners of regional policy. This neat categorization fails to capture the complicated, ‘multiscalarity’ of business and overall civil society's role in regional governance. Drawing insights from social constructivism and empirical evidence from fieldwork conducted in 2012 and 2013 on the interactions between the Economic Community of West African States (ECOWAS) and region-wide business associations and advocacy networks since the early 1990s, this article shows that although African business groups are relatively new actors at the regional stage, their impact on regional governance is substantial. This is not only in terms of getting governments to adopt particular policies or the ability to hold the state accountable, as functional institutionalists might argue, but also in terms of the regional socialization effects, namely the willingness and ability to frame issues that influence the choices of political decision-makers. Business regional governance roles also straddle competing conventional roles, and sometimes counter the neoliberal vision of regional integration, even among those that owe their emergence to regional organizations. The study also challenges the pervasive view of business actors (especially in Africa) as simply profit-seekers by highlighting the ways business actors have deployed and acted on principled beliefs about regional identity collectively or individually to forge denser and relatively effective policy coalitions that signal unfolding changes in the direction of regional policy in Africa. [ABSTRACT FROM PUBLISHER]

Since the adhesion of Spain to the European Union, Andalusia has been catalogued as an Objective 1 region because its GDP was inferior to 75% of the community average. In this way, funds have contributed to the generation of regional GDP and reduced unemployment during these years, causing that levels exceed 75% with respect to average GDP per capita in the European Union. So, Andalusia will not be considered as one of the Objective 1 priority areas for European Regional Policy. With the changes in the region and the threat of an expected withdrawal of funds, this article proposes an analysis to explain the meaning of this withdrawal of European Funds in Andalusia in the period 2014–2020. With this aim, we develop a Dynamic Applied General Equilibrium Model that will assess the effects of the loss of this funding on the main regional economic indicators and under different simulation scenarios. The model will analyse the effect of economic policy actions on the economy, satisfying the requirements of welfare and technological feasibility when given some restrictions on available resources. [ABSTRACT FROM AUTHOR]

Copyright of Regional Studies is the property of Routledge and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)