Dobrogea province is composed by Constanta and Tulcea counties, situated in the South-eastern part of Romania, and it is known as one of the driest parts of Romania. The yearly amount of precipitations is no more than 400-450 mm. The yearly average temperature is around 10.5oC; the soils are of...

As a consequence of the rapid growth of the tourism sector, special emphasis is placed on destinations and tourism products connected to or based on certain physical and environmental factors. However, the negative environmental consequences of tourism are, in many cases, overemphasised to the...

The March 11, 2011 earthquake, tsunami and nuclear plant accident have had immense impacts on Japanese agri-food sector. Previous analysis has demonstrated that some of the impacts that triple disaster are difficult to identify and assess due to the insufficient information, controversial data,...

Electricity markets vary greatly across jurisdictions, in terms of regulatory institutions, cost levels and environmental impacts. Integrating such different markets can lead to significant changes. This paper considers two jurisdictions - one with a regulated monopoly selling at average cost...

Payments for watershed services (PWS) are schemes that use funds from water users (including governments) as an incentive for landholders to improve their land management practices. They are increasingly seen as a viable policy alternative to watershed management issues, and a means of...

The electricity sector is the largest source of GHG emissions in the world, and reducing these emissions would often be costly. However, because electricity markets remain often only integrated at a shallow level (with different pricing regulations), many gains from deeper integration (adoption...

This paper analyses inclusive growth that focuses on the creation of opportunities for all. Inclusive growth allows people to contribute to and benefit from economic growth, while pro-poor growth approaches focusing on welfare of the poor only to reduce inequality. Recently, economics literature...

I highlight some of the key econometric problems facing the literature on FDI spillovers. For the most part, the existing literature takes the approach of estimating production functions in which the total factor productivity (TFP) of the domestic firms in a particular industry/country is...

What is the relationship between state capacity, national identity, and economic development? This paper argues that increases in state capacity can lower the collective action costs associated with political and economic exchange by encouraging the formation of a common identity. This...

Recently, the United Nations Population Fund (UNFPA) published “State of World Population 2002” which holds a Malthusian view on demography: population growth harms economic development. Based on that assumption, the UNFPA directs funds to reduce the fertility of Third World women. The...