This research has examined the impact of business freedom on environmental degradation in developed and developing countries from 2000 to 2022. Panel least squares and generalized method of moments have been applied for empirical analysis. Our findings show that both business freedom and...

The examination of the relationship between oil resources and economic growth reveals that oil curse in oil countries is not reliable and these countries can be divided into countries with poor and rich institutions. In the first group, oil revenues have a negative and significant effect on the...

The paper provides an alternative explanation for the “resource curse” based on the income effect resulting from high government current spending in resource rich economies. Using a simple life cycle framework, we show that private investment in the non-resource sector is adversely affected...

In the paper Latvian construction industry is comprehensively evaluated and compared with the Baltic States and the European Union. Industry resources and it costs are analyzed by group: natural resources, production of building materials, fixed assets and attraction of money capital, personnel...

There is a glaring concern of income inequality in the light of the post-2015 global development agenda of sustainable development goals (SDGs), especially for countries that are in the south of the Sahara. There are also concerns over the present and future consequences of environmental...

This paper provides a few general comments on the nature and economic value of industrial minerals and rocks and the need for an increased exploitation and use of these materials in developing countries. These materials are of great economic value as main raw materials for the construction,...

One of the most pressing problems in the Latvian economy is related to the energy sector. The most characteristic feature is coupled with the low efficiency of thermal energy consumption of households as a result of poor insulation of existing buildings in Latvia. Solving energy sector problems...

The climate change matter is due to Green House Gas Emissions produced essentially by CO2 emissions. To overcome this problem, decision markers developed several policies among them the adoption of energy efficient measures and the development of renewable energies. Using a panel data analysis,...

One of the most pressing problems in the Latvian economy is related to the energy sector. The most characteristic feature is coupled with the low efficiency of thermal energy consumption of households as a result of poor insulation of existing buildings in Latvia. Solving energy sector problems...

The Deepwater Horizon incident demonstrated that most of the oil left is deep offshore or in other difficult to reach locations. Moreover, obtaining the oil remaining in currently producing reservoirs requires additional equipment and technology that comes at a higher price in both capital and...