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This study analyzes cross-country data extracted from a large global database to identify the major risks affecting Asian PPP into six major factors: (1) macroeconomic environment; openness of economy; (2) incentive issues during planning, design and contracting phases; (3) political risk; (4)...
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Transport infrastructure is viewed as an important determinant of regional growth and development. While this … transport infrastructure is indeed the exogenous driver of regional development or whether it is rather an endogenous reflection … infrastructure since they are exogenous to recent economic development. Using German regional data for 1991–2008, our results hint at …
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