One of the major challenges of empirical tax research is the identification and calculation of appropriate tax data. While there is consensus that average marginal tax rates are most suitable for studying the effects of tax policy on economic growth, due to data limitations the calculation of...

Deployment of broadband, particularly, FTTx, is now one of major policy objectives in many countries, including Japan, Korea, and the U.S., for example. The U.S. announced a National Broadband Plan which aimed at providing 100 million households with access to 100 Mbps broadband services by...

Deployment of broadband for everyone has become a major policy objective in many countries, including Japan and the U.S. Recently, the U.S. announced a National Broadband Plan which is aimed at providing 100 million households with access to 100 Mbps broadband services by 2020. The purpose of...

This study examines whether the structure of share ownership or firm's dividend and debt policies provide explanation for firm performances in Malaysia. Firm performance, measured as Tobin's Q is modelled in a dynamic panel framework to estimate effects of director ownership, family ownership,...

This study analyzes the structure of the water industry in Peru. It investigates economies of scale and cost inefficiencies in 43 water providers during the years from 1996 to 2005. Different water sources in different geographical regions directly affect the production technology of the sector,...

Foreign direct investments are generally considered as one of the factors with positive influence on the economic development of countries in which this investments flow. In evaluating the impact of foreign direct investment on development, however, a key question is whether foreign direct...

This paper explores the relationship between economic development (in the form of GDP/c) and environmental pollution (in the form of sulphur emissions) by using a dynamic panel data for 97 countries for the time period 1950-2003. Various panel data econometric techniques are applied to a sample...