New Caledonia is an archipelago located in the South Pacific. It is a former French colony that has acquired political autonomy over the period 1988 to 1998 but remains under the French jurisdiction. Over the past twenty years, the local government has worked towards diversifying the economy of...

At the present stage of automation and robotization in the mining and manufacturing industries, there is a decrease in the demand for labor due to technological solutions that reduce the demand for labor in developed countries. The study put forward a hypothesis about a negative correlation...

This paper summarizes the results of a book that examined the theory of the economic impact of colonialism, the economic policies pursued by colonial governments from 1800 to 1950, and the impact of these policies on economic growth, industrialization, literacy rates and stock of human capital...

This paper aims to measure the impact of broadband speed access and upgrades on the household income based on a survey comprising 20,000 respondents in eight OECD and three BRIC countries in 2010 (Brazil, India and China). The study is novel, as most previous studies on broadband emphasize the...

The paper presents an endogenous growth economy with a representation of the tax rate system in the Baltic countries. Assuming that government spending is a given fraction of output, the papershows how a flat tax system balanced between labor and corporate tax rates can be second best optimal....

A growing literature relies on natural experiments to establish causal effects in macroeconomics. In diverse applications, natural experiments have been used to verify underlying assumptions of conventional models, quantify specific model parameters, and identify mechanisms that have major...

We measure the effect of lockdown policies on employment and GDP across countries using individual- and sector-level data. Employment effects depend on the ability to work from home, which ranges from about half of total employment in rich countries to around 35% in poor countries. This gap...

We measure the effect of lockdown policies on employment and GDP across countries using individual- and sector-level data. Employment effects depend on the ability to work from home, which ranges from about half of total employment in rich countries to around 35% in poor countries. This gap...

This paper investigates a relationship between economic growth and industrial policy. The methodology employed in this work is the Autoregressive Distributed Lag (ARDL) Model. In addition, the bound cointegration test and Error Correction Model were conducted (ECM). This research estimated the...