The United States and its NATO allies are facing forceful calls to impose a “no-fly zone” over Ukrainian skies, with the idea of countering Russian aggression in the region, easing humanitarian suffering, and protecting Ukrainian civilians trying to flee the fighting. Ukraine has requested a...

This paper exploits time and geographic variation in the adoption of Special Economic Zones in India to assess the direct and spillover effects of the program. We combine geocoded firm-level data and geocoded SEZs using a concentric ring approach, thus creating a novel dataset of firms with...

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...

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...