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convergence. We apply three approaches to convergence – beta-convergence, sigma-convergence and quantile-convergence (q-convergence … check if countries of the given sample tend to form convergence clubs in the relevant years. The analysis is run for the …
Persistent link: https://www.econbiz.de/10011801809
Among the many concerns over globalization is that as nations compete for mobile firms, they will relax labour standards as a method of lowering costs and attracting investment. Using spatial estimation on panel data for 148 developing countries over 18 years, we find that the labour standards...
Persistent link: https://www.econbiz.de/10009732552
This study analyzes the determinants of stress in public-private partnerships (PPPs) in infrastructure investment. While project failures seldom occur, there are many stresses that hinder success. One of these is broad political risk: the prerogative of government executives to make sweeping...
Persistent link: https://www.econbiz.de/10003855481
This study evaluates infrastructure investment and finance in Asia from a global perspective. It provides an overview on infrastructure needs and the various sources of private finance, globally and within Asia, and creates a "bigger picture" for the demand and supply of capital for...
Persistent link: https://www.econbiz.de/10011415958
"honest broker", to forge convergence of interests. It is often argued that "deep" European Union (EU)-style integration is a …
Persistent link: https://www.econbiz.de/10009231456
The European Union introduced the concept of Trans-European transport networks in 1996 and developed it from a set of projects into a comprehensive network plan in 2013. The high-priority components of this plan (for 2050) are a core network and nine core network corridors (CNCs), which the...
Persistent link: https://www.econbiz.de/10012007535
The paper argues that East Asia is setting the pace for the recent trend in regional and inter-regional integration, which is associated with multilateral infrastructure connectivity initiatives, like the "Belt and Road Initiative" (BRI) of the People's Republic of China and Japan's "Partnership...
Persistent link: https://www.econbiz.de/10012205804
Persistent link: https://www.econbiz.de/10013274276
Persistent link: https://www.econbiz.de/10013274364
estimation of a conditional convergence model. In general, reliance on natural resource exports slows growth, but we find that …
Persistent link: https://www.econbiz.de/10013175560