LOGISTICS PERFORMANCE AND EXPORT COMPETITIVENESS: EUROPEAN EXPERIENCE

This article aims to analyse the importance of logistics performance in European Union (EU) exports over a sample period in order to detect possible advances on behalf of Member States. We will estimate several gravity equations using the Logistics Performance Index (LPI) and its components as characteristic proxy variables of trade facilitation. In order to avoid the possible heterogeneity caused by sample bias, we will employ the two-stage model proposed by Heckman. The estimations of the gravity models using the two-stage Heckman model for 26 EU countries lead to the conclusion that logistics were more important for exporting nations than importing nations in both 2005 and 2010, reinforcing the interest in the exporter side of the paper. In reference to the components of the LPI, Competence and Tracking have acquired greater importance in recent years, in keeping with the weak domestic demand in European countries and their search for new international markets.Puertas Medina, RM.; Martí Selva, ML.; Garcia Menendez, L. (2013). LOGISTICS PERFORMANCE AND EXPORT COMPETITIVENESS: EUROPEAN EXPERIENCE. Empirica. 1-14. doi:10.1007/s10663-013-9241-zS114Anderson JE (1979) A theorical foundation to the gravity equation. Am Econ Rev 69: 106–116 http://www.jstor.org/stable/1802501Anderson J, Van Wincoop E (2003) Gravity with gravitas: a solution to the border puzzle. Am Econ Rev 93:170–192. doi: 10.1257/000282803321455214Arvis JF, Mustra M, Ojala L, Shepherd B, Saslavsky D (2007) Connecting to compete: trade logistics in the global economy. World Bank, WashingtonArvis JF, Mustra M, Panzer J, Ojala L, Naula T (2010) Connecting to compete: trade logistics in the global economy. 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Corrections to Nambu-Goto energy levels from the effective string action

The effective action on long strings, such as confining strings in pure Yang-Mills theories, is well-approximated by the Nambu-Goto action, but this action cannot be exact. The leading possible corrections to this action (in a long string expansion in the static gauge), allowed by Lorentz invariance, were recently identified, both for closed strings and for open strings. In this paper we compute explicitly in a Hamiltonian formalism the leading corrections to the lowest-lying Nambu-Goto energy levels in both cases, and verify that they are consistent with the previously computed effective string partition functions. For open strings of length R the leading correction is of order 1/R^4, for excited closed strings of length R in D>3 space-time dimensions it is of order 1/R^5, while for the ground state of the closed string in any dimension it is of order 1/R^7. We attempt to match our closed string corrections to lattice results, but the latter are still mostly outside the range of convergence of the 1/R expansion that we use.Comment: 18 pages, 1 figure, JHEP format. v2: added remark on 1/R^7 corrections to ground state energ

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Development plans across the Gulf Cooperation Council emphasise logistical infrastructure as a driver of economic diversification. Investments in maritime ports, roads, rail, airports and logistics cities are transforming the economic geography of the region. This study aims to make visible this neglected aspect of the physical transformation of the Gulf Cooperation Council with a focus on the understudied maritime container ports in Oman and Qatar. Shifting the analysis to emergent maritime logistical infrastructure at a regional level gives insight into the uneven developments within the Gulf Cooperation Council’s integration project. Three key features emerge: (a) a large degree of duplication in maritime port infrastructure across Gulf Cooperation Council states; (b) a regional hierarchy among Gulf Cooperation Council states that are resource rich and those dependent on public–private partnerships and (c) increasing competition among internationally dominant port operators looking to gain access to the Gulf Cooperation Council maritime port market. These features both reflect and reinforce competitive tensions within the regional integration project

Can holography reproduce the QCD Wilson line?

Recently a remarkable agreement was found between lattice simulations of long Wilson lines and behavior of the Nambu Goto string in flat space-time. However, the latter fails to fit the short distance behavior since it admits a tachyonic mode for a string shorter than a critical length. In this paper we examine the question of whether a classical holographic Wilson line can reproduce the lattice results for Wilson lines of any length. We determine the condition on the the gravitational background to admit a Coulombic potential at short distances. We analyze the system using three different renormalization schemes. We perform an explicit best fit comparison of the lattice results with the holographic models based on near extremal D3 and D4 branes, non-critical near extremal AdS6 model and the Klebanov Strassler model. We find that all the holographic models examined admit after renormalization a constant term in the potential. We argue that the curves of the lattice simulation also have such a constant term and we discuss its physical interpretation

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Our paper draws attention to a neglected channel of corruption—the bribe payments by state-owned enterprises (SOEs). This is an important phenomenon as bribe payments by SOEs fruitlessly waste national resources, compromising public welfare and national prosperity. Using a large dataset of 30,249 firms from 50 countries, we show that, in general, SOEs are less likely to pay bribes for achieving organizational objectives owing to their political connectivity. However, in deteriorated institutional environments, SOEs may be subjected to potential managerial rent-seeking behaviors, which disproportionately increase SOE bribe propensity relative to privately owned enterprises. Specifically, our findings highlight the importance of fostering democracy and rule of law, reducing prevalence of corruption and shortening power distance in reducing the incidence of SOE bribery