Stricter environmental regulations are often opposed on the grounds that they will alter equilibrium capital flows. Empirical evidence in this area remains largely unresolved, mainly due to the quite disparate results found in the literature. This paper takes a positive look at the relationship...

Kenya is predominantly a nature-based tourism destination with wildlife (concentrated in the southern part of the country) and beaches (along the Indian Ocean) accounting for over 85% of the international tourists visiting the country. Other attractions are based on the physical landscape of the...

A strong increase in the availability of space-time data has occurred during the past decades. This has led to the development of a substantial literature dealing with the two particular problems inherent to this kind of data, i.e. serial dependence between the observations on each spatial unit...

This paper investigates the relationship between economic growth and religion, particularly whether growth leads to desecularization. The secularization hypothesis (which is the opposite to the desecularization hypothesis (Casanova 1994); Berger 1999) ) postulates that economic growth is...

This paper analyzes the interstate distribution of awards made through the SmallBusiness Innovation Research (SBIR) Program operated by the U.S federalgovernment. The main finding is that awards tend to be made to firms in centersof innovative activity, where knowledge is most easily created and...

(Spatial) panel data are routinely modelled in discrete time (DT). However, there are compelling arguments for continuous time (CT) modelling of (spatial) panel data. Particularly, most social processes evolve in CT, so that statistical analysis in DT is an oversimplification, gives an...

We propose a test of the Porter hypothesis for the Dutch horticulture sector, using a stochastic production frontier analysis allowing for an inclusion of policy variables to account for the effect of environmental policy of firm performance. We find considerable heterogeneity in the way firms...

Linking of repeated games and exchange of concessions in fields of relative strength may lead to more cooperation and to Pareto improvements relative to the situation where each game is played separately. In this paper we formalize these statements, provide some general results concerning the...