Despite the burden of an enormous defense budget, the absorption ofimmigrants, its tiny size and the scarcity of natural resources, Israel’s economy,albeit with considerable financial aid from abroad, was able to achieveimpressive growth rates. This was to a great degree accomplished by...

Using time-series cross-section data from the manufacturing sector of the 11Bundesländer from 1970 to 1993, we examine the impact of road infrastructure onprivate production applying three different approaches; i.e., a Cobb-Douglas production function, a translog production function and a...

This paper embarks to analyse the role of exports and investment supposed to be major sources of economic growth in Asia Pacific. Therefore at first, the cointegration properties of exports, capital formation and GDP are examined in vector error correction models (VECMs)...

"China ist heute, Indien ist morgen", sagt Ashwini Kakkar, der Präsident der Handelskammer von Mumbai und CEO von Thomas Cook (India). Wie ist diese Aussage zu werten? Welche Bedeutung wird Indien künftig für europäische Firmen spielen, welches sind die Chancen und Risiken und wie ist ein...