Asia, particularly its major economies has witnessed slower growth in recent years. To make Asia more economically sustainable and resilient against external shocks to recover from the falling growth, most regional economies need to rebalance their export-oriented (mostly to advanced economies)...

The sustainable development of the cities represents one of the major challenges for the future of the planet in the 21st century, relatively to the contribution and adaptation to climate change, natural resources consumption, energetic transition, population mobility, welfare and security,...

The nature of the international traffic demanded uniting of the rules by which it is being executed. This process is performed by unification aiming to create uniform rules and harmonization/adjustment of rules that were not identical but had a common goal - the opening of the European railway...

Growing awareness about the environmental hazards of increasing concentration of greenhouse gases like carbon dioxide, methane, nitrous oxide etc. in the atmosphere resulting in global warming and increasing demand of energy with rapidly increase population, throws urgent need for exploring...

Natural disasters cause economic damages and may exacerbate disparities in income distribution among countries across the globe. This article employs satellite data on real-time active fire locations to evaluate the short-term impact of forest fires on economic inequality around the world. Using...

New infrastructure projects may affect CO2 emissions and, thus, cost benefit analyses for these projects require a value to apply for CO2. This may be based on the marginal social cost of emissions or on the carbon price resulting from present and future policies. This paper argues that both...

This paper endogenizes the spatial distribution of infrastructure investment and transportation costs. Transportation costs between two addresses depend on cumulative infrastructure investment. In a continuous space setting with several independent countries or regions, consumers demand domestic...

This paper examines the relationship between multilateral support and contract cancellation in long-term infrastructure public-private partnerships. The analysis draws on a large data set and employs a multi-level econometric model to define propensity scores and matching estimators to compare...

After the German reunification, interregional subsidies accounted for approximately four percent of gross fixed capital investment in the new federal states. We show that between 1992 and 2005 infrastructure and (small) business aid had a negative net impact on regional economic growth. This...