Foreign capital plays a key role in a nation’s economic development. Accordingly, foreign direct investment (FDI) is viewed as a driving factor for economic growth. Since the establishment of China's Free Trade Zones (FTZs) in 2013, investors and the government alike have failed to fully...

The study analyses the nature of the nexus between budget deficit and economic growth given inflation trends. It focuses on data from the six CEMAC countries for the period 2000 to 2021. The employs unit root tests and the generalized method of moments (GMM) for the empirical evidence. The...

This study examines the effect of investment promotion through the special economic zone (SEZ) mechanism on foreign direct investment (FDI) inflow across Cambodia. We applied generalized methods of moments (GMM) to panel data constructed from 19 Cambodian provinces during 2015-2019. Our results...

The START-UP NY program is a creation-based entrepreneurial policy that sets up enterprise zones in several New York counties. The purpose of this study is to test the hypothesis that the program does not affect entrepreneurial activity in the industrial sectors it targets: manufacturing and...

Hundreds of billions of dollars have been invested to construct development zones (DZs) in China with the intent of fostering economic growth. Previous studies show that DZs benefit the local economy, but little attention has been paid to the environmental impacts. Based on statistical data and...

The purpose of this paper is to characterize the optimal design of a residential zone in a linear town by a welfare-maximizing regulator when firms might know to some extent the position of the customers/citizens in the city. Information might have different degrees of imperfectness. A...