The author analyzes the dynamics of the four main factors of production, namely the labor resources, material consumption, energy resources and investments. The intensity of use of these factors is studied using the following indicators: gross output, gross value-added and gross domestic product.

This paper uses a dynamic general equilibrium model calibrated to Ugandan data to examine the welfare effects of alternative scenarios of government expenditure and tax financing. Two expenditure types are considered: social spending that affects human capital, and infrastructure expenditures...

This paper uses firm-level data from the Business Environment and Enterprise Performance Surveys to study the process of convergence of transition countries with developed market economies. The study focuses on competition and market structure, finance and the structure of lending to firms, and...

This paper deals with the influence of airport infrastructure on employment. The employment effects are divided into direct, indirect, induced and so called catalytic ones. After considering the theoretical impacts we assess the empirical works on this topic. These have to be distinguished...