As mentioned in the European white paper of the OECD (OECD, 2003) the main policy objective to be tackled is the development of sustainable urban goods transport. Sustainable urban goods transport should facilitate a continuing economic growth and meanwhile protecting the environment and ensuring a better quality of life for future generations. In Netherlands various regulations have been imple...

It is now widely accepted that the Asian economies have done extremely well in terms of economic growth and poverty reduction during the last three to four decades or so despite the crisis of 1997. Three decades ago, China was among the World’s poorest countries with 80 percent of the population having incomes less than US$1 per day and only a third of all adults able to read or write. By 2000 ...

The security of power consumption demand is an essential issue in maintaining a rapid economic development in China. Owing to the advantages such as the robustness and favorable estimation performances, the semiparametric model and nonparametric models have obtained wide popularity. In this article, based on the semiparametric and nonparametric models, a new estimation model is created, and the...

This aim of this paper is to help explain the differences between the terms “sustainable development” and “green growth”. The concept of “sustainable development” was developed during the 80s and was based on three pillars: economy, environment and society. The concept of “green growth” is a more recent one. The two concepts have several differences. The first difference is that, from sustainab...

The purpose of the paper is to analyze the impact of mergers and acquisitions (M&A) sales on economic growth. The analysis is conducted by sectors: primary, manufacturing and services. M&A sales are disaggregated by sectors and also into domestic and cross-border M&A sales. The group of the OECD countries is examined. After applying a Generalized Method of Moments (GMM) estimator, which control...

This paper explores how government preferences affect the choices of capital tax rates in the presence of tax competition. We develop a model in which governments, differentiating in their preferences for economic development and regional equality, compete for mobile capital over corporation taxes. The key prediction of the model, borne out in data from OECD countries over the years 1990-2007, ...

here has been a tremendous growth in student mobility in higher education in the last two decades as universities in the West respond to globalisation, economic growth and capacity building strategies of Asian countries. According to the Organisation of Economic Cooperation and Development’s (OECD) 2013 report “Education at a Glance”1, the total number of foreign students enrolled in tertiary e...

While policy makers widely recognise the fact that education serves as an engine for economic growth through the accumulation of human capital, education is also strongly associated with boosting levels of social capital. Indeed, an important justification for the large expenditures on education within many democratic nations is its social, and not just economic, impact – the benefits an educat...

A key prediction of standard models of economic growth is that the output-capital ratio is constant along the economy’s balanced growth path. Using data for 16 OECD countries over 135 years we examine whether the output-capital ratio reverts to a constant in the long run using univariate and panel stationarity tests with structural breaks. Univariate unit root tests with one and two breaks in t...

Pursuant to Article 1 of the Convention signed in Paris on 14th December 1960, and which came into force on 30th September 1961, the Organisation for Economic Cooperation and Development (OECD) shall promote policies designed: − to achieve the highest sustainable economic growth and employment and a rising standard of living in Member countries, while maintaining financial stability, and thus t...