Rising income inequality has emerged as a major policy issue facing policymakers, but there is a dearth of empirical work on inequality in small states, including the Caribbean. Despite data limitations, the empirical analysis using a sample of small states finds that increased openness and...

This paper offers a Spatial Computable General Equilibrium Model (SCGE) to evaluate the potential regional economic impacts of the Central Asia Regional Economic Cooperation Program (CAREC) corridors and the Trans-Caspian International Transport Route (TITR). We base our model on spatial...

During recent decades, culture is gaining more and more attention as a factor that determines economic outcomes. Trying to investigate its role on innovation and economic development, this paper uses a dataset that offers the potential for a cross-sectional and time series analysis. Thus, in...