The regional economic development in Switzerland has taken different courses over the past 50 years. Peripheral and well-wooded regions have regressed, while regional disparity has increased. Currently, large sawmills are being intensively discussed as a development potential for such regions. In fact, such facilities release important economic impulses and can induce new economic growth. However, these facilities are not established within the periphery itself, but within centers close to the periphery. Therefore, state support for these establishments should focus on the creation of ideal conditions for the market.
Factor Endowment, Institutional Constraints and Regional Economic Development Potential—Empirical Analysis Based on the Perspective of New Structural Economics
