Search results for "COUNTRIES"
showing 10 items of 469 documents
Demographic structure and the security of property rights: The role of development and democracy
2013
Abstract It is often argued that countries with a high population share of children and young workers should attract large capital inflows from aging industrialized economies. However, many of these countries deter foreign investors by a high risk of creeping or outright expropriation. In this paper we explore whether the correlation between countries' demographic structure and the perceived security of property rights reflects a causal relationship. We show that, in low-income countries, the ratio of young to old workers has a positive effect on the perceived security of property rights if the political system is sufficiently democratic. By contrast, this relationship cannot be observed in…
TESTING FOR REAL INTEREST RATE PARITY USING PANEL STATIONARITY TESTS WITH DEPENDENCE: A NOTE*
2009
In this paper we test for real interest parity (RIRP) among the 19 major OECD countries over the period 1978:Q1–2006:Q1 using both short- and long-run definitions of interest rates. Once the independence hypothesis is rejected among these series, we test for RIRP using panel data unit root and stationarity tests based on common factor models that allow for pervasive forms of dependence. Our results indicate that there is no evidence in favor of the weak version of the RIRP since one of the common factors that have been estimated is non-stationary.
Trade imbalances within the euro area and with respect to the rest of the world
2015
Abstract Many studies have explored the determinants of current account balances in Europe. However, only in a few studies has trade balance been decomposed into intra balance, trade balance vis-a-vis the euro area, and extra balance, trade balance vis-a-vis the rest of the world. This decomposition is necessary for us to understand why some core euro area countries are acting as financial intermediaries for the periphery countries. Furthermore, the determinants of intra and extra balances might be different because nominal exchange rate cannot adjust between the EMU countries while their financial markets are highly integrated. Thus, we apply this decomposition and supplement the previous …
Education for all by 2015
2002
At the World Education Forum in Dakar, Senegal, in 2000, officials from 180 countries set a challenging goal: ensuring access to primary education for all children by 2015
PV Reconfiguration Systems: a Technical and Economic Study
2017
Dynamical electrical array reconfiguration strategies for grid-connected PV systems have been proposed as solution to improve energy production due to the mismatch effect of PV plants during partial shading conditions. Strategies are based on the use of dynamic connections between PV panels given by the employment of switches that allow for each panel the series, parallel or exclusion connections, physically changing the electrical connections between the related PV modules, consequentially modifying the layout of the plant. Usually the cost of the dynamic matrix is not taken into account. This novel work evaluates the economic advantages obtained by the use of reconfiguration strategies in…
A Review of Building Information Modelling for Construction in Developing Countries
2016
Building Information Modelling (BIM) is wide ly seen as a catalyst for innovation and productivity in the construction industry. BIM can assist a more sustainable construction process that in turn may contribute to eradicating poverty in developing c ountries (Un ited Nation Millennium Goals). While BIM is increasingly be ing adopted in developed coun tries, implementations in the developing country context are rare. Research has establishe d how construction firms struggle from several limitations having to do with the socio - economic and technological environment found in developing countries. Examples of issues preventing BIM adoption include a shortage of IT - literate personnel as wel…
The Relationship Between Entrepreneurship and Digitalization - Spotlight on the EU Countries
2020
Abstract In the current context of the modern world, economies depend on a dynamic innovative environment, the innovation actually representing one of the main facilitators of change. The economic growth has certainly led to an exponential increase with respect to the interaction between innovation and entrepreneurship. Undoubtedly, innovation depends on the entrepreneurial context and mostly on the cooperation between the market process’ level actors. In order to implement the innovation in the entrepreneurial activities, there is a sine qua non condition of having the abilities to contribute as a promoter on spreading and adoption of innovation. The current innovations are, in certain sit…
Introduction of the circular economy within developing regions: A comparative analysis of advantages and opportunities for waste valorization
2018
The introduction of effective solid waste management strategies in developing countries should be considered for improving sustainability at global level. Many barriers should be overcome, concerning the introduction of environmental policies, effective investments, social inclusion and public awareness, which are significant issues in low-middle income countries. The Circular Economy could represent the answer for improving current solid waste management activities worldwide, since denote the principle of waste valorization and recycling for boosting developing economies. This paper is focused on this theme, analyzing main opportunities for improving the current state of solid waste manage…
Investigating the role of environmental taxes and regulations for renewable energy consumption: evidence from developed economies
2021
The current study aims to explore the role of environmental taxes and regulations for the renewable energy consumption, focusing on reporting policy suggestions to overcome climate change issues and achieve environmental sustainability. The main objective of this paper is to examine the relation between renewable energy, environmental taxes, environmental technologies, and environmental regulations in 29 OECD countries during 1996–2018. More precisely, we inspect the impact of the environmental regulations and environmental technologies on the renewable energy consumption. The authors employ CIPS and CADF unit root tests, panel Westerlund co-integration test, FMOLS, and Quantile regression …
The Future of National News Agencies in Europe. Case study 2 : The survival challenges for news agencies in a small market : News agencies in the Bal…
2019
This case study provides complementary explanatory information for understanding the current state and future prospects of European national news agencies. It focuses on the Baltic news agencies, BNS (Estonian and Lithuanian branches), LETA (Latvia) and ELTA (Lithuania), as examples of news services in small markets. Our purpose was to investigate how news agencies in small markets respond to the challenges of the internet, digitalisation and the social media era, which has altered their formerly indispensable position in the news ecosystem. All the news agencies in the Baltic countries declare as their primary role the serving of society with reliable and diverse information. In order to s…