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We work with a panel of bilateral trade flows from 1988 to 2002, exploring the influence of infrastructure … the institutions and infrastructure literature in this respect, using selection-based gravity modeling of trade flows. We … also depart from this literature by mixing principal components (to condense our institutional and infrastructure measures …
Persistent link: https://www.econbiz.de/10010294570
faced and their business environment. The business environment includes physical infrastructure, the availability of an …
Persistent link: https://www.econbiz.de/10010288245
Das sozioökonomische Wachstum und die raumstrukturellen Veränderungen der letzten ca. 50 Jahre haben Spuren hinterlassen. Dabei zeigt sich ein Spannungsfeld, denn die Bereitstellung von Flächen für urbane Nutzungen geht mit Nutzungskonflikten hinsichtlich der Ressource Boden einher. Im...
Persistent link: https://www.econbiz.de/10014285733
It has been argued that credit-to-GDP gaps (credit gap) are useful early warning indicators for banking crises. In addition, the Basel Committee on Banking Supervision has also advocated using these gaps - estimated using a one-sided Hodrick-Prescott filter with a smoothing parameter of 400,000...
Persistent link: https://www.econbiz.de/10012208408
In this paper we want to discuss macroscopic and microscopic properties of financial markets. By analyzing quantitatively a database consisting of 13 minute per minute recorded financial time series, we identify some macroscopic statistical properties of the corresponding markets, with a special...
Persistent link: https://www.econbiz.de/10010301759
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. The government is seen to produce a productive factor interpreted as infrastructure. Infrastructure is both nonrival and …
Persistent link: https://www.econbiz.de/10010301152
This paper explores the procurement of public buildings in local authorities in the UK under the Private Finance Initiative (PFI) and its consequences for small and medium sized enterprises. Following an outline of the development of PFI in the UK, the paper explains the peculiarities of local...
Persistent link: https://www.econbiz.de/10010305664
According to the essential facilities doctrine, competition law requires an infrastructural monopoly to provide access. Under the "Bronner criterion", proposed by the EC Court, the doctrine is only applicable when an infrastructural duopoly is non-viable. This paper uses a simple model to...
Persistent link: https://www.econbiz.de/10010321538