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For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both within and between spatial units. In this paper, we...
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Over the last decades there has been a sizeable increase in trade and financial openness, triggered by current and capital account liberalization as well as improvements in transport and communication technologies. As a consequence, the importance of spillover effects is likely to have increased...
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Does trade improve institutions and contribute to long run growth? I develop a theory of trade, in which trade liberalization provides incentive to change institutions in two ways. On the one hand, trade leads to specialization according to comparative advantage, expanding the industries that do...
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The higher education sector as a bastion of sustainability research has embarked in continual efforts to make its buildings more sustainable. Besides being environmentally friendly and economically feasible in the long run, there are perceptions that sustainable buildings are more user friendly...
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Students are seen as future decision makers and leaders of tomorrow. Therefore, this study addresses student perceptions of sustainable development. As universities are instrumental in educating future leaders and decision makers, it is imperative for universities to play a critical role in...
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