We develop a politico-economic model to analyze the relationship between mode of entry into a new market and institutional quality of the host country. A foreign investor can either purchase a domestic firm, what we consider as FDI, or form a joint venture, in which the control right over the...

In recent decades, many countries have experienced suburbanization processes in metropolitan areas that have lead to an increase in urban sprawl by creating a growing polarity between newly formed satellite communities and the central urban area. More than before, work and residence location...

The increase of the share of renewable energy in total energy production is a stated goal of environmental and industrial policy in many developed countries. Governments adopt regulation to support the investment into renewable energy infrastructure, in particular in power generation. Two main...

Through the progress of communication technology, the mobile services have broughtlots of benefits for our daily lives. However, with the recent advances in cellular communications and new systems being deployed alongside existing ones, an emerging question aboutwhether there still is...

The popularity and growth of Internet usage and Internet enabled devices have changed the people life style and ways of communications. Mobile Internet usage increases year by year and have created prosperous Internet access market by myriad Internet service providers (ISPs). Mobile Internet...

Investments in upstream gas transport pipelines are characterized by significant economy of scale: there is a low additional cost to establish capacity in excess of the committed volumes. The excess capacity provides flexibility for cost-efficient expansions of the transportation system if there...

The introduction or elimination, increase or decrease of taxes and contributions, theoretical and practical, can not ignore the direct and / or underlying effects (collateral) on chain: Financial institutions, Suppliers of inputs, Agricultural producers, En-gross traders, Processing industry,...

The paper deals with the geographies of the European economic crisis that had its origins in the global financial crisis of 2008-09. The crisis pushed many European economies into a deep recession and caused a mass unemployment in many countries. The crisis is analysed in a monetary economy...

Greek economic crisis and its impact on regional development and policy In the past 3 decades the main financial support mechanism for the development of Greek Regions was the European Cohesion Policy and less national instruments as the Regional Investment Framework and public investments....

Analyzing the competitive performance of Romanian industry, one may say that Romania has an economy based mainly on the manufacturing industry, characterized by features such as: • high labor intensity, especially in industries such as textiles, knitwear, apparel, leather and footwear; •...