Purpose – This paper aims to investigate whether empirical evidence for scale economies can be found across countries and if so, whether this evidence varies across the stage of development. Design/methodology/approach – The paper uses statistical methods to make comparisons between...

The aim of this study is to explore ways to maximise the economic returns of road infrastructure investment. In order to achieve this objective, the study was divided into five parts involving the following: analysing the nature of road infrastructure, determining the relationship between road...

In the presence of uncertainty about what a country can be good at producing, there can be great social value to discovering costs of domestic activities because such discoveries can be easily imitated. We develop a general-equilibrium framework for a small open economy to clarify the analytical...

In the presence of uncertainty about what a country can be good at producing, there can be great social value to discovering costs of domestic activities because such discoveries can be easily imitated. We develop a general-equilibrium framework for a small open economy to clarify the analytical...

Einführung: Ganzheitliche Wachstumstheorie -- Die Epoche wirtschaftlicher Stagnation -- Das Stagnationsregime -- Eine klassische Wachstumstheorie wirtschaftlicher Stagnation.-Die Epoche wirtschaftlicher Entwicklung -- Das Entwicklungsregime -- Klassische Wachstumstheorie wirtschaftlicher...

In the presence of uncertainty about what a country can be good at producing, there can be great social value to discovering costs of domestic activities because such discoveries can be easily imitated. We develop a general-equilibrium framework for a small open economy to clarify the analytical...