The author shows with pooled OLS estimations based on transport margins from international social accounting data that investments in improved road infra¬structure have the potential to significantly reduce transport costs. However, this result can only be clearly confirmed for industrial...

A number of theoretical studies have tended to trace the nature of globalization process' impacts (mostly characterised by trade opening) on informality, while relevant empirical literature has been not well developed. The paper aims to fill this knowledge gap by shedding further light on the...