In this paper we analyze the dynamics of public investment and public finance in new members of the European Union, and … and corruption on public investment, we find that improvements in economic freedom tend to be associated with decreases in … public investment, while reductions in corruption produce effects going in both directions. Similarly, we show that increases …

government investment expenditures, which augments public capital affecting total factor productivity (TFP) and production, as …

Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … investment can have a positive effect on growth that goes beyond the effect of the capital stock because of economies of scale … between infrastructure and economic growth. Time-series results reveal a positive impact of infrastructure investment on …

, efficiency, investment and output. Next, using univariate tests, we show that corporate governance mechanisms and economic …. Finally, our results suggest that trade openness is an important determinant of the post-privatization increase in investment. …

Capital account liberalization and exchange rate regime choice, what scope for flexibility in Tunisia? This study …. Simulations outcomes reveal that capital account liberalization in the Tunisian economic context is compatible with a flexible …

This paper explores interactions between growth, economic liberalization and democratization during transition. The … results can be summarized as follows: (1) Liberalization has a strong positive effect on growth during transition (also when … controlling for endogeneity of liberalization in growth). (2) Democracy facilitates economic liberalization. (3) Because of its …

Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of …

and extensive price and trade liberalization, stringent monetary and fiscal stabilization, and the implementation of a …