I use the results of a survey on the adoption patterns of Business Improvement Districts (BIDs) in the state of California to begin filling a gap in our understanding of the role and prominence of the broader class of special assessment districts. A BID is formed when a majority of merchants or...

This paper proposes a novel framework identifying sovereign systemic risk zones. We first explore the cross-dynamics of sovereign CDS in terms of time-changing contagion measures based on copulas and then assemble these measures together with country-specific fundamentals through recursive...

This article is aimed at highlighting the success or otherwise of Special Economic Zones (SEZs) in India. India mooted the concept of Special Economic Zones in 1965 much before its neighboring country China adopted the same model. A Special Economic Zone is a geographical region that has...

The growing popularity of small civilian drones has generated a wide array of complex and unprecedented regulatory challenges. Many of these challenges, such as that of keeping drones away from manned aircraft, are matters that the Federal Aviation Administration (“FAA”) is clearly...

We estimate the set of panel and spatial panel data models of employment and investments for 379 Polish counties over the period 2003-2012. We take advantage of a unique firm-level dataset for Polish Special Economic Zones (SSEs), which includes about 30,000 observations. We find that SSEs have...

The free trade zone agreement between Eurasian Economic Union (EAEU) and the Socialist Republic of Vietnam will come into force starting 5 October 2016. The document, which envisages easing of access to their markets in the framework of mutual trade of member states, will allow to significantly...

The Texas Enterprise Zone Program does not appear to benefit the financial well-being of residents. An examination of the state program suggests that at best, there is a modest positive impact on the repayment of retail loans

A country whose major source of revenue is an object of free trade zone program raises interest. The concept of Free Trade Zones in Nigeria was embraced as far back as 1992 with the purpose of providing an atmosphere that encourages both local and foreign investments. This paper seeks to examine...

In light of concerns over the environmental impact of Special Economic Zones located in developing countries, where environmental regulation is weak, we analyse the electricity intensity of firms in SEZs. We use firm level data from Africa and Asia, and we find that SEZ firms have higher...