Tra Vinh is one of 63 provinces in Vietnam. It is located in Mekong Delta andis also one of the poorest. The official population of Tra Vinh Province is over onemillion people. Over 29% of the population’s ethnicity is Khmer. Over 80% of thepopulation is dependent on the agricultural...

Tra Vinh is one of 63 provinces in Vietnam. It is located in Mekong Delta andis also one of the poorest. The official population of Tra Vinh Province is over onemillion people. Over 29% of the population’s ethnicity is Khmer. Over 80% of thepopulation is dependent on the agricultural...

"Ghana is an emerging success story in Africa and in a couple of years will become the first African country to achieve the first Millennium Development Goal of halving its national poverty rate. The government of Ghana has therefore extended its development vision and recently declared the goal...

This paper looks at the convergence clubs literature from a Schumpeterian perspective, and it follows the idea that cross-country differences in the ability to innovate and to imitate foreign technologies determine the existence of clustering, polarization and convergence clubs. The study...

Human development is the beginning of economic growth. The main purpose of wealth should be to enrich people’s lives, to broaden people’s choices and to enable every citizen, every child, every woman and every man to reach her or his full potential. Yet, as the experience of many countries...

With the rise of India and other Southern engines of growth, the South Asian Association for Regional Cooperation (SAARC) and similar vehicles for South–South regional cooperation have gained in importance. Developing a stochastic frontier gravity model, this article investigates the...

In this application, income and job growth in the eastern United States are explained using a partial adjustment model with regime switching potential and spatial spillover, or “Smooth Transition†spatial process models (STAR). This relatively new class of spatial regression models...

Foreign Direct Investment (FDI) has been spreading across the globe. It evolved from a trickle in history to what appears as a spectacle in the modern world. No model is yet available, beyond common sense to account for its centrality in the global process. We can now chart a generalization...

The paper analyzes and defines features of economic measurements, the structure and types of economic measuring instruments. We establish that in the economic theory and practice limitation of indicators of economic growth is overcome at transition to measurement of level of economic...