Showing 1 - 10 of 139
We construct comprehensive and comparable indices on the most relevant components of economic infrastructure. An … period 1990-2010. We map major findings from the new indices of infrastructure and provide country rankings, which we also … compare with subjective assessments of infrastructure in the World Economic Forum’s Global Competitiveness Report. Finally, we …
Persistent link: https://www.econbiz.de/10010886848
We raise the hypothesis that aid specifically targeted at economic infrastructure helps developing countries attract … higher FDI inflows through improving their endowment with infrastructure in transportation, communication, energy and finance … allocation of sector-specific aid, the determinants of infrastructure, and the determinants of FDI. We find fairly strong and …
Persistent link: https://www.econbiz.de/10010889944
Foreign direct investment (FDI) has boomed in post-reform India. Moreover, the composition and type of FDI has changed … to Granger causality tests within a panel cointegration framework. It turns out that the growth effects of FDI vary …
Persistent link: https://www.econbiz.de/10005755128
This paper discusses the difference between Fisherian and Ricardian trade in terms of a simple two-period model of a small open economy. Fisherian or intertemporal trade occurs when goods are traded today against the promise to deliver goods in the future. The resulting net resource transfer is...
Persistent link: https://www.econbiz.de/10009276261
In this paper we introduce and test the hypothesis that the relation between inflation and unemployment has been in many countries subject to a significant change in the early 1990's after the disinflation period. That period began between 1975 and 1980 after the first (or the second) oil price...
Persistent link: https://www.econbiz.de/10005755220
We examine both the degree and the structural stability of inflation persistence at different quantiles of the conditional inflation distribution. Previous research focused exclusively on persistence at the conditional mean of the inflation rate. As economic theory provides reasons for inflation...
Persistent link: https://www.econbiz.de/10010905561
. Employing Johansen's multivariate cointegration approach, it investigates for ten selected SSA countries the long-run effect of … those cases where cointegration relationships are found-estimated supply elasticities tend to lie between 0.20 and 0 …
Persistent link: https://www.econbiz.de/10005755201
“Desert Power 2050” is probably the world’s most ambitious strategy report towards the decarbonization of the power sector in Europe, the Middle East and North Africa (EUMENA). The report inspired by the Desertec vision aims at providing clean energy from MENA’s desert regions to the...
Persistent link: https://www.econbiz.de/10010886948
Estonia is widely regarded as a paramount example for a successful transformation of a socialist economic system to a functioning market economy. Against the backdrop of this positive image which contrasts strongly with the crisis scenarios in Southern Europe the remaining problems of Estonia...
Persistent link: https://www.econbiz.de/10010887008
sector investment in R&D and stronger public-private sector linkages than in the EU. Hence, to reduce the "innovation gap …
Persistent link: https://www.econbiz.de/10011269108