The survival of firms under changes in the business environment caused by exogenous shocks can be explained using economic Darwinism. Exogenous shocks can cause ‘cleansing effects’. Shocks clean out unproductive firms so that available resources are allocated to the remaining more productive...

In line with recent trends toward decentralization, prefectural and municipal governments in Japan are becoming increasingly involved with managing global warming in their regions. As a result, there is a new need to estimate the environmental effects of regional economic activities, which can...

In order to fulfill multiple sustainable development targets, most prominently human development, poverty eradication and climate change mitigation, African countries need infrastructure that cover basic needs while at the same time promote industrialization and value creation. G20 countries can...