Research findings of the latest round of the wiiw-GDN project on development in the Balkans are surveyed. Historical and structural deficiencies of development in the Balkan countries are discussed in detail with emphasis of the role of investment, integration, and structural and policy...

In this paper we analyse the economic effects of railway infrastructure at the national level for European countries as well as at the local level for Southeast European cities based on a novel railway database capturing decades of the 19th century up to the early 21th century. A panel fixed...

During World War I ocean freight rates rose to extraordinary levels. Using a new monthly dataset it is shown that freight rates can be well explained by economic activity, commodity prices, war risk and world tonnage in the period 1912 to 1916. In the first two years of the war part of the...

New monthly freight rate indices for 13 coal trade routes from Britain 1919-1939 are presented. The new indices form the basis of a review of the interwar freight markets and their relationship to the timing and severity of general business cycles. New time series of laid-up tonnage provide the...

Research findings of the latest round of the wiiw-GDN project on development in the Balkans are surveyed. Historical and structural deficiencies of development in the Balkan countries are discussed in detail with emphasis of the role of investment, integration, and structural and policy...

The aim of this article is to analyze the role of energy in longterm economic growth. Particular attention will be paid to the relation between energy and GDP. Energy productivity, that is the ratio of output to energy (Y/E), will be reconstructed and, through a decomposition analysis, I will...

Historians have long recognized the role of economic resources and organization in determining the outcome of World War II: the Nazi economy lacked the economic resources and organization to oppose the combined might of the U.S., U.K., and U.S.S.R. A minority view is that the Germans were...

With the competitiveness of UK manufacturing declining steadily during the interwar period, and a significant rise in unemployment in the early 1930s, the UK government responded by introducing the General Tariff in February 1932 in an attempt to halt the increase in unemployment and the...

This contribution explores the interplay between liberalisation and decarbonisation of the European electricity market. The focus of this piece is to see whether liberalisation of the EU electricity market, in Europe realised by means of the unbundling regime, inherently promotes decarbonisation...

The manufacture of telecommunications equipment in the United Kingdom dates back to the 1880s. With the municipalisation and eventual nationalisation of telecommunications, it was the Post Office that had responsibility for research and development of new systems until the 1980s. After the...