The feedback of external debt on economic growth through gross domestic investment has provided quite interesting results throughout the world especially in developing countries where external and internal borrowing have been a tradition. Based on a system estimation approach, using Two Stage...

In recent decades, Africa has received a large share of official development assistance compared to other regions of the world. Using AidData for 2000-13, this paper examines the effects of aid to productive sectors on manufacturing growth in Africa. Econometric results show that increased...

Completing data sets that are collected in heterogeneous units is a quite frequent problem. Chow and Lin (1971) were the first to develop a united framework for the three problems (interpolation, extrapolation and distribution) of predicting times series by related series (the 'indicators')....

The inverse relationship between unemployment and Gross Domestic Product (GDP), commonly known as Okun?s law, has been traditionally analysed in the economic literature. Its application to Spain is interesting as the strong impact of business cycles on unemployment is a particular feature of the...

This study examines the determinants of internal migration of working-age population among provinces in Spain in the aftermath of the economic crisis. It pays special attention to two features of migration that have not been sufficiently studied so far: (a) Distance, namely the differences...

Transportation has a mediating position in international trade formation and in the past few decades, Turkey has invested substantially in transport infrastructure to increase connectivity and integration in global transport networks. Still, limited research has been conducted to understand...

In view of climate change, measures to reduce CO2 are urgently required and much discussed. The transport sector plays a pivotal role here, accounting for approximately 20% of the total CO2 emissions in Germany. Alongside passenger cars, the main emitters of CO2 are long-haul heavy-duty vehicles...

The Philippine government has historically underinvested in transport infrastructure until a few decades ago when the country was in a relatively more favorable financial position. The immense need to fast-track transport infrastructure investments is driven mainly by two pressure points: 1) the...

We analyse the general equilibrium effects of an asymmetric decrease in transport costs, combining a large scale spatial dynamic general equilibrium model for 267 European NUTS 2 regions with a detailed transport model at the level of individual road segments. As a case study we consider the...

Armenia-Iran North South Transport corridor is vital for Iran and Armenia and also for all parties involved. Recently, India increased its interest in Armenia and would like to see the INSTC passing through the Armenian territories, keeping in mind that Armenia is also the only country in the...