The reversal of capital flows from the banking sector, rather than portfolio equity investment, has long been considered a main reason for the severity of the East Asian financial crisis of the late 1990s. This study analyzes the factors behind the boom and bust of bank lending, focusing on...

The article refers to the results of a survey that was conducted during the EUROSCOPE project in the port of Piraeus. The market research revealed the trends and needs of the port users and the drivers of the trucks, for proper information diffusion and application of special advanced transport...

The Brazilian integration strategy has been focused on agreements based upon North-South and South-South negotiations. However, this kind of negotiations face serious troubles to be done. Consequently, the option of the internal economic integration might be more viable in terms of social...

The Brazilian integration strategy has been focused on agreements based upon North-South and South-South negotiations. However, such negotiations based upon tariffs and non-tariff barriers face serious troubles to be done. This paper is aimed at appraising options of economic integration...

This paper compares data on Japanese and Korean automobile exports to the United States to examine consistency with the Alchian-Allen theorem. The theorem suggests that imposing a per unit charge such as transport cost will lower the relative price and increase the relative consumption of higher...

This paper considers the approach to specification and modeling of transport influence on spatial allocation of economy, which is essentially new for economics. By applying the concept of fiber bundle, a general model of spatial allocation of market with regard to transport costs is developed....

In the actual paper, it is analyzed the economic impact that landlockedness causes to Bolivia since more than a century. It is found that economic damages are enormous and they did not end, yet. Applying some estimations through econometric models, it is observed that every year, Bolivia loses...

Economic research on industry location and agglomeration has focused nearly exclusively on manufacturing. This paper shows that services are prominent among the most agglomerated industries, especially at the county level. Because traditional measures of knowledge spillovers, natural resource...

What is the total cost of building, maintaining and operating a new high speed rail (HSR) line? Trying to answer this question is the main objective of this paper. To address it we will make an extensive use a database containing information about 166 actual HSR projects in 20 countries is...

Most microeconometric studies available for LAC have focused on measuring the direct impact of trade on plant productivity leaving aside other effects that arise through the market selection process. Additionally, most studies have focused on tariff barriers as the only obstacle to international...