The delegation of flexible legislative powers to China's five Special Economic Zones (SEZs) (经济特区) in the reform era was attributed to both the endorsement of the Chinese central government and the strong commitment of SEZ officials. SEZs serve as a petri dish where market-oriented...

This paper evaluates the causal relationship between economic and development zones (EDZs) and the productivity of a large sample of incumbent firms in China. I take into account possible different selection mechanisms across two popular types of EDZs – economic and technological development...

During the technological and military competition of the Cold War, the Soviet government created “science cities” – urban centres that hosted a high concentration of research and development facilities. But what has been the long-term effect of these cities? This paper finds that in...

During the technological and military competition of the Cold War, the Soviet government created “science cities” – urban centres that hosted a high concentration of research and development facilities. But what has been the long-term effect of these cities? This paper finds that in...

On October 19, 2018, the Internal Revenue Service and the U.S. Department of the Treasury issued proposed regulations under section 1400Z-2 of the Internal Revenue Code regarding the qualified opportunity zone program.This paper summarizes some of the most important aspects of the proposed...

The purpose of this study is to study the model of international trade cooperation between Thailand, Laos, and Myanmar, to develop the well-being of the people along the northern border of Thailand, in order to reduce poverty of the people living in the area of the 3 countries. The study is done...

A positive economic growth is one crucial macroeconomic objective of every nation. Many countries have formed regional as well as international trading blocs in an attempt to enhance economic growth and maximise welfare of each member state, the AFTZ member states are not an exception. This...

Objective – The purpose of this research is to evaluate the impact of the Free Trade Zone (‘FTZ') in the Riau Islands Province (Batam, Bintan and Karimun) on specific products, i.e. cigarettes.Methodology/Technique – To investigate the demand for cigarettes in the FTZ area, this study...

Special economic zones (SEZ), one of the most important instruments of industrial policy used in developing countries, often impose export share requirements (ESR). That is, firms located in SEZ are required to export more than a certain share of their output to enjoy a wide array of incentives...