This paper examines the drivers of private investment in renewable energy by source financing for 13 economies over period 2008–2018, with a focus on sub-panel Asian economies. Sources – asset finance, corporate research and development (R&D), public market, venture capital equity vary not only across years sources, but also countries. Using fixed effects panel model, this provides first quanti...

In recent years, China’s rapid economic development has been accompanied by an increase in education spending, resulting the accumulation of human capital. However, there is ongoing debate regarding whether and how expenditures have fostered innovation science technology (S&T). This study uses panel data from 31 Chinese provinces, cities, autonomous regions 2006 to 2015 look at relationship...

Abstract Panel smooth transition regression (PSTR) is applied to obtain thresholds in certain variables classify the regions into regimes (high or low). Data for of Spain over period 1986–2010 are used. In general, results point a positive (negative) relationship between fiscal (administrative) decentralization and economic growth with low public infrastructure stock per efficient worker high h...

Melitz and Ottaviano’s (2008) firm-heterogeneity model predicts that trade liberalization induces a selection process from low to high productivity firms, which translates to an industry productivity growth. A similar firms’ selection effect is induced by market size. In this paper, these predictions are tested across 25 European countries and 9 food industries, over the 1995–2008 period. Using...

This paper analyses the relationship between social capital and population health. The analysis is carried out within an econometric model of population health in 19 countries in the Organisation for Economic Co-operation and Development countries using panel data covering three different time periods. Social capital is measured by the proportion of people who say that that they generally trust...

I assess the magnitude of human capital spillovers by estimating production functions using a unique firm-worker matched data set. Productivity of plants in cities that experience large increases in the share of college graduates rises more than the productivity of similar plants in cities that experience small increases in the share of college graduates. These productivity gains are offset by ...