The main focus of the paper is the measurement of the potential for externalities related to foreign direct investment. A series of novel proxies are drawn from the Enterprise Survey database of the World Bank-IFC and tested against hypotheses considered in the foreign direct investment...

This paper uses firm-level data to assess whether telecommunication services are general-purpose technologies (technologies that benefit a large segment of the economy and have long-lasting effect). It finds that only Internet services are so: firm growth and productivity are much higher when...

This paper uses a new data set of 12,000 firms in China to estimate the returns to research and development investment and its spillover effects, and investigates how the returns to research and development depend on firm incentives. For the firms in the sample, the results show that on average...

Despite regulatory efforts designed to make it easier for firms to formalize, informality remains extremely high among firms in Sub-Saharan Africa. In most of the region, business registration in a national registry is separate from tax registration. This paper provides initial results from an...

Today we are in the tehnological era, and we must use all the opportunities to introduce this modern instrument into the economy. This paper treats the regional policy in accordance with this new system.

This paper uses a three-step Bayesian cross-entropy estimation approach in an environment of noisy and scarce data to estimate behavioral parameters for a computable general equilibrium model. The estimation also measures how labor-augmenting productivity and other structural parameters in the...

Every discussion of the Caribbean states considers their characteristics as sea-locked countries, small economies, highly vulnerable to natural disasters, and a geographic platform that calls for regional cooperation and integration. The Caribbean Sea is the most important vehicle and the most...

The localization of food supply chains represents various realities, old and most innovative, named in several ways : short food supply chains, local food, etc. The purpose of this paper is to propose a theoretical framework enabled to all marketing channels relative to the localization...

The major advantage of electronic markets over nonelectronic traditional market places is that trading partners use more sophisticated methods, rules and systems of information exchange. The internet has inevitably boosted this advantage over the last decade, making electronic markets the...