Transportation infrastructure expenditures can lead to greater productivity and increases in economic output due to the reduction in transportation costs, improvements in access to markets and raw materials, reduction in travel times, congestion reductions, and many other benefits. These...

Resorting to stationary and nonstationary panel data econometrics, we offer tests for “Ricardo’s 93% theory of value” for ten OECD countries over different time ranges. The theory does not find empirical support. Copyright Springer-Verlag Berlin Heidelberg 2014

Although considerable research has examined the role of trust in interorganizational relationship (IOR) contracting, scholars have devoted less attention to how trust and distrust jointly influence this process. We propose and test a model wherein trust, based on partner reliability, is...