This paper provides a comprehensive overview of the issues, policies, and political economy of infrastructure investment, and a review of empirical literature of the relationship between growth and infrastructure. Empirical estimations using the growth accounting framework for a panel of 123...

Protestant missions from the United States entered the Republic of Korea and Guatemala at the same time (1884 and 1882, respectively). Yet, their impact on human capital has been divergent. The analysis presented in this paper supports the findings of Woodberry (2004, 2009, 2011) and Nunn (2009)...

Financial conditions indexes (FCIs) are constructed for five Asian economies, namely, Hong Kong, China; Japan; the Republic of Korea; Malaysia; and Singapore, using a principal component analysis (PCA) methodology from Hatzius et al. (2010) and quarterly data. Various financial stress indicators are...

In understanding the proliferation of free trade agreements (FTAs) in Asia since 2000, it is important to distinguish between two types of FTAs in terms of a legal basis on either General Agreement on Tariffs and Trade (GATT) Article XXIV or the Enabling Clause. The latter provision can be used...

Die Entstehung dieses Arbeitspapiers ist angestoßen worden durch die Veröffentlichung des Beitrags "Hire and Fire. Ist der amerikanische Arbeitsmarkt ein Vorbild für Deutschland?" von Wolfgang Streeck. Hierin unternimmt Streeck den Versuch einer Generalabrechnung mit der deutschen...

Schnellen Breitbandzugängen für möglichst viele Haushalte wird eine große Bedeutung zugemessen. Die dafür notwendige Technik erfordert allerdings relativ hohe Investitionen. Die EU und mit ihr auch Deutschland sowie die Schweiz verfolgen unterschiedliche Regulierungsregime, wobei die...

Using Global Entrepreneurship Monitor data for 29 countries this study investigates the (differential) impact of several factors on female and male entrepreneurship at the country level. These factors are derived from three streams of literature, including that on entrepreneurship in general, on...

It is widely recognized that foreign direct investment (FDI) plays an important role in economic development. Internationalization theory is used to explore how inward FDI impacts entrepreneurial activity. Using data from the Global Entrepreneurship Monitor we find significant differences in...