The linkage between sanctions and infrastructure: How national culture matters

References

• Afesorgbor, S. K. 2019. “The Impact of Economic Sanctions on International Trade: How Do Threatened Sanctions Compare with Imposed Sanctions?.” European Journal of Political Economy 56: 11–26.
   Web of Science ®Google Scholar
• Agénor, P. R., and B. Moreno-Dodson. 2006. Public Infrastructure and Growth: New Channels and Policy Implications. Vol. 4064. Washington DC, USA: World Bank Publications.
   Google Scholar
• Ali, I., and E. M. Pernia. 2003. Infrastructure and Poverty Reduction-What is the Connection? Asian Development Bank.
   Google Scholar
• Allen, S. H. 2008. “The Domestic Political Costs of Economic Sanctions.” The Journal of Conflict Resolution 52 (6): 916–944. https://doi.org/10.1177/0022002708325044.
   Web of Science ®Google Scholar
• Allen, S. H., and D. J. Lektzian. 2013. “Economic sanctions: A blunt instrument?” Journal of Peace Research 50 (1): 121–135. https://doi.org/10.1177/0022343312456224.
   Web of Science ®Google Scholar
• Arellano, M. and S. Bond. 1991. “Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations.” The Review of Economic Studies 58 (2): 277–297.
   Web of Science ®Google Scholar
• Arellano, M. and O. Bover. 1995. “Another Look at the Instrumental Variable Estimation of Error-Components Models.” Journal of Econometrics 68 (1): 29–51.
   Web of Science ®Google Scholar
• Aschauer, D. A. 1989. “Is public expenditure productive?” Journal of Monetary Economics 23 (2): 177–200. https://doi.org/10.1016/0304-3932(89)90047-0.
   Web of Science ®Google Scholar
• Balisacan, A. M., and E. M. Pernia. 2002. “The Rural Road to Poverty Reduction: Some Lessons from the Philippine Experience.” Journal of Asian and African Studies 37 (2): 147–167. https://doi.org/10.1177/002190960203700207.
   Google Scholar
• Bates, R., and A. O. Krueger. 1993. “Political and Economic Interactions in Economic Policy Reform.” In Evidence from Eight Countries. Oxford/Cambridge, Mass: Blackwell.
   Google Scholar
• Beaton, M. K., A. Cebotari, and A. Komaromi. 2017. Revisiting the Link Between Trade, Growth and Inequality: Lessons for Latin America and the Caribbean. Washington DC, USA: International Monetary Fund.
   Google Scholar
• Beck, B. E. and L. F. Moore 1985. “Linking the Host Culture to Organizational Variables.” Organizational culture 335–354.
   Google Scholar
• Bergara, M. E., W. J. Henisz, and P. T. Spiller. 1998. “Political Institutions and Electric Utility Investment: A Cross-Nation Analysis.” California Management Review 40 (2): 18–35. https://doi.org/10.2307/41165931.
   Web of Science ®Google Scholar
• Besley, T. and A. Case. 2000. “Unnatural Experiments? Estimating the Incidence of Endogenous Policies.” The Economic Journal 110 (467): 672–694.
   Web of Science ®Google Scholar
• Biersteker, T., S. E. Eckert, M. Tourinho, and Z. Hudákóva. 2013. The Effectiveness of United Nations Targeted Sanctions: Findings from the Targeted Sanctions Consortium. The Graduate Institute Geneva/Watson Institute for International Studies, Brown University. Available at http://graduateinstitute.ch/files/live/sites/iheid/files/sites/internationalgovernance/shared/Effectiveness%20of%20UN%20Targeted%20Sanctions%20-%206.Nov.2013%20.pdf.
   Google Scholar
• Blundell, R. and S. Bond. 1998. “Initial Conditions and Moment Restrictions in Dynamic Panel Data Models.” Journal of Econometrics 87 (1): 115–143.
   Web of Science ®Google Scholar
• Bond, S. C. Bowsher, and F. Windmeijer 2001. “Criterion-based inference for GMM in autoregressive panel data models.” Economics Letters 73 (3): 379–388.
   Web of Science ®Google Scholar
• Breuer, W., B. Ghufran, and A. J. Salzmann. 2018. “National culture, managerial preferences, and takeover performance.” International Business Review 27 (6): 1270–1289. https://doi.org/10.1016/j.ibusrev.2018.05.008.
   Web of Science ®Google Scholar
• Caballero, R. J., and M. L. Hammour. 1998. “The Macroeconomics of Specificity.” Journal of Political Economy 106 (4): 724–767. https://doi.org/10.1086/250028.
   Web of Science ®Google Scholar
• Calderón, C., and L. Servén. 2004. The Effects of Infrastructure Development on Growth and Income Distribution. Available at. Washington DC: The World Bank. https://doi.org/10.1596/1813-9450-3400.
   Google Scholar
• Canning, D., and P. Pedroni. 2004. “The Effect of Infrastructure on Long Run Economic Growth.” Harvard University 99 (9): 1–30.
   Google Scholar
• Caselli, S., S. Gatti, and F. Perrini. 2009. “Are Venture Capitalists a Catalyst for Innovation?.” European Financial Management 15 (1): 92–111.
   Web of Science ®Google Scholar
• Cerra, V., and M. Tesfaye Woldemichael. 2017. “Launching Export Accelerations in Latin America and the World (IMF Working Paper 17/43).” Washington, DC: International Monetary Fund
   Google Scholar
• Cohen, J. P., and C. J. M. Paul. 2004. “Public Infrastructure Investment, Interstate Spatial Spillovers, and Manufacturing Costs.” The Review of Economics and Statistics 86 (2): 551–560. https://doi.org/10.1162/003465304323031102.
   Web of Science ®Google Scholar
• Crain, W. M., and L. K. Oakley. 1995. “The Politics of Infrastructure.” Journal of Law & Economics 38 (1): 1–17. https://doi.org/10.1086/467323.
   Web of Science ®Google Scholar
• Dailami, M., and D. Leipziger. 1998. “Infrastructure project finance and capital flows: A new perspective.” World Development 26 (7): 1283–1298. https://doi.org/10.1016/S0305-750X(98)00054-0.
   Web of Science ®Google Scholar
• Daniels, R., and M. J. Trebilcock. 1994. Private Provision of Public Infrastructure: The Next Privatization Frontier?. Toronto, ON, Canada: Canadian Law & Economics Association, c/o Faculty of Law, University of Toronto.
   Google Scholar
• De Long, J. B., and A. Shleifer. 1993. “Princes and Merchants: European City Growth Before the Industrial Revolution.” Journal of Law & Economics 36 (2): 671–702. https://doi.org/10.1086/467294.
   Web of Science ®Google Scholar
• Ding, X., and M. Hadzi-Vaskov. 2017. “Composition of Trade in Latin America and the Caribbean” (IMF Working Paper 17/42). Washington, DC: International Monetary Fund.
   Google Scholar
• Engel, D. and M. Keilbach. 2007. “Firm-Level Implications of Early Stage Venture Capital Investment—An Empirical Investigation.” Journal of Empirical Finance 14 (2): 150–167.
   Google Scholar
• Estache, A. 2007. Current Debates on Infrastructure Policy. Vol. 4410. Washington DC, USA: World Bank Publications.
   Google Scholar
• Grandy, C. 1989. “Can Government Be Trusted to Keep Its Part of a Social Contract?: New Jersey and the Railroads, 1825–1888.” Journal of Law, Economics, & Organization 5 (2): 249–269.
   Web of Science ®Google Scholar
• Gutmann, J., M. Neuenkirch, and F. Neumeier. 2021. “Sanctioned to Death? The Impact of Economic Sanctions on Life Expectancy and Its Gender Gap.” The Journal of Development Studies 57 (1): 139–162.
   Web of Science ®Google Scholar
• Hainmueller, J. 2012. “Entropy Balancing for Causal Effects: A Multivariate Reweighting Method to Produce Balanced Samples in Observational Studies.” Political Analysis 20 (1): 25–46.
   Web of Science ®Google Scholar
• Hainmueller, J. and Y. Xu. 2013. “Ebalance: A Stata Package for Entropy Balancing.” Journal of Statistical Software 54 (7).
   Web of Science ®Google Scholar
• Hartwig, T. and Nguyen, T.T., 2023. Local infrastructure, rural households' resilience capacity and poverty: evidence from panel data for Southeast Asia. Journal of Economics and Development 25 (1), pp. 2–21.
   Google Scholar
• Harris, C. 2003. Private Participation in Infrastructure in Developing Countries: Trends, Impacts, and Policy Lessons. World Bank Publications. No. 5.
   Google Scholar
• Henisz, W. J. 2002. “The institutional environment for infrastructure investment.” Industrial and Corporate Change 11 (2): 355–389. https://doi.org/10.1093/icc/11.2.355.
   Web of Science ®Google Scholar
• Henisz, W. J., and B. A. Zelner. 2001. “The Institutional Environment for Telecommunications Investment.” Journal of Economics & Management Strategy 10 (1): 123–147. https://doi.org/10.1111/j.1430-9134.2001.00123.x.
   Web of Science ®Google Scholar
• Henisz, W. J. and B. A. Zelner. 2002. Interest Groups, Political Institutions and Electricity Investment. Mimeo: The Wharton School, University of Pennsylvania.
   Google Scholar
• Hofstede, G. 1983. “The Cultural Relativity of Organizational Practices and Theories.” Journal of International Business Studies 14 (2): 75–89. https://doi.org/10.1057/palgrave.jibs.8490867.
   Web of Science ®Google Scholar
• Hofstede, G. 1984. Culture's Consequences: International Differences in Work-Related Values. Vol. 5. sage.
   Google Scholar
• Hofstede, G. 1991. Empirical Models of Cultural Differences.
   Google Scholar
• Holl, A. 2004. “Manufacturing Location and Impacts of Road Transport Infrastructure: Empirical Evidence from Spain.” Regional Science and Urban Economics 34 (3): 341–363. https://doi.org/10.1016/S0166-0462(03)00059-0.
   Web of Science ®Google Scholar
• House, R. J., P. J. Hanges, M. Javidan, P. W. Dorfman, and Gupta, V. eds. 2004. Culture, Leadership, and Organizations: The GLOBE Study of 62 Societies. Thousand Oaks, California, USA: Sage publications.
   Google Scholar
• Hufbauer, G. C., J. J. Schott, K. A. Elliott, and B. Oegg. 2007. Economic Sanctions Reconsidered. 3rd edn ed. Washington, DC: Peterson Institute of International Economics).
   Google Scholar
• Hulten, C. R., E. Bennathan, and S. Srinivasan. 2006. “Infrastructure, Externalities, and Economic Development: A Study of the Indian Manufacturing Industry.” The World Bank Economic Review 20 (2): 291–308. https://doi.org/10.1093/wber/lhj007.
   Web of Science ®Google Scholar
• International Monetary Fund. 2017. “Trade Integration in Latin America and the Caribbean” (IMF Country Report No. 17/66). Washington, DC.
   Google Scholar
• Keefer, P. 1996. “Protection Against a Capricious State: French Investment and Spanish Railroads, 1845–1875.” The Journal of Economic History 56 (1): 170–192. https://doi.org/10.1017/S0022050700016065.
   Web of Science ®Google Scholar
• Kessapidou, S., and N. C. Varsakelis. 2002. “The Impact of National Culture on International Business Performance: The Case of Foreign Firms in Greece.” European Business Review 14 (4): 268–275. https://doi.org/10.1108/09555340210434456.
   Google Scholar
• Kogut, B., and H. Singh. 1988. “The Effect of National Culture on the Choice of Entry Mode.” Journal of International Business Studies 19 (3): 411–432. https://doi.org/10.1057/palgrave.jibs.8490394.
   Web of Science ®Google Scholar
• Kristjánsdóttir, H., Þ. Ö. Guðlaugsson, S. Guðmundsdóttir, and G. D. Aðalsteinsson. 2017. “Hofstede National Culture and International Trade.” Applied Economics 49 (57): 5792–5801. https://doi.org/10.1080/00036846.2017.1343446.
   Web of Science ®Google Scholar
• Landes, D. S. 2015. Wealth and Poverty of Nations. Hachette UK.
   Google Scholar
• Levy, B., and P. Spiller. 1997. Regulations, Institutions, and Commitment. Cambridge, United Kingdom: Cambridge University Press.
   Google Scholar
• Levy, B., and P. T. Spiller. 1994. “The Institutional Foundations of Regulatory Commitment: A Comparative Analysis of Telecommunications Regulation.” Journal of Law, Economics, & Organization 10 (2): 201–246.
   Web of Science ®Google Scholar
• Mamuneas, T. P. and M. I. Nadiri. 1996. “Public R&D Policies and Cost Behavior of the US Manufacturing Industries.” Journal of Public Economics 63 (1): 57–81.
   Web of Science ®Google Scholar
• Marinov, N. 2005. “Do economic sanctions destabilize country leaders?” American Journal of Political Science 49 (3): 564–576. https://doi.org/10.1111/j.1540-5907.2005.00142.x.
   Web of Science ®Google Scholar
• McCawley, P. 2010. “Infrastructure Policy in Asian Developing Countries.” Asian‐Pacific Economic Literature 24 (1): 9–25. https://doi.org/10.1111/j.1467-8411.2010.01247.x.
   Web of Science ®Google Scholar
• Michaels, G. 2008. “The Effect of Trade on the Demand for Skill: Evidence from the Interstate Highway System.” The Review of Economics and Statistics 90 (4): 683–701. https://doi.org/10.1162/rest.90.4.683.
   Web of Science ®Google Scholar
• Mitra, A., A. Varoudakis, and M. A. Veganzones-Varoudakis. 2002. “Productivity and Technical Efficiency in Indian states’ Manufacturing: The Role of Infrastructure.” Economic Development & Cultural Change 50 (2): 395–426. https://doi.org/10.1086/321916.
   Web of Science ®Google Scholar
• Nelson, J. M., ed. 1990. Economic Crisis and Policy Choice: The Politics of Adjustment in the Third World. Princeton, New Jersey, USA: Princeton University Press.
   Google Scholar
• Neuenkirch, M. and F. Neumeier. 2016. “The Impact of US Sanctions on Poverty.” Journal of Development Economics 121: 110–119.
   Web of Science ®Google Scholar
• Nguyen, L.Q.T. and Ahmed, R., 2023. The impact of economic sanctions on foreign direct investment: empirical evidence from global data. Journal of Economics and Development, 25(1), pp. 79–99.
   Google Scholar
• North, D. C., and R. P. Thomas. 1973. The Rise of the Western World: A New Economic History. United Kingdom: Cambridge University Press.
   Google Scholar
• Ogun, T. P. 2010. Infrastructure and Poverty Reduction: Implications for Urban Development in Nigeria. Urban Forum 21, 249–266. https://doi.org/10.1007/s12132-010-9091-8.
   Google Scholar
• Peng, Y. S., and S. S. Lin. 2009. “National Culture, Economic Development, Population Growth and Environmental Performance: The Mediating Role of Education.” Journal of Business Ethics 90 (2): 203–219. https://doi.org/10.1007/s10551-009-0036-x.
   Web of Science ®Google Scholar
• Raj, M. 1993. “Urbanisation, infrastructure and besieged growth potential.” Third World Planning Review 15 (2): 159. https://doi.org/10.3828/twpr.15.2.j7053p45v1751275.
   Google Scholar
• Ralston, D. A., D. H. Holt, R. H. Terpstra, and Y. Kai-Cheng. 1997. “The Impact of Natural Culture and Economic Ideology on Managerial Work Values: A Study of the United States, Russia, Japan, and China.” Journal of International Business Studies 28: 177–207.
   Web of Science ®Google Scholar
• Ramamurti, R., ed. 1996. Privatizing Monopolies: Lessons from the Telecommunications and Transport Sectors in Latin America. Baltimore, Maryland, USA: Johns Hopkins University Press.
   Google Scholar
• Ravallion, M., and G. Datt. 2002. “Why Has Economic Growth Been More Pro-Poor in Some States of India Than Others?” Journal of Development Economics 68 (2): 381–400. https://doi.org/10.1016/S0304-3878(02)00018-4.
   Web of Science ®Google Scholar
• Root, H. L. 1989. “Tying the King’s Hands: Credible Commitments and Royal Fiscal Policy During the Old Regime.” Rationality and Society 1 (2): 240–258. https://doi.org/10.1177/1043463189001002005.
   Google Scholar
• Rosenbaum, P. R. and D. B. Rubin 1983. “The Central Role of the Propensity Score in Observational Studies for Causal Effects.” Biometrika 70 (1): 41–55.
   Web of Science ®Google Scholar
• Sahoo, P., and R. K. Dash. 2009. “Infrastructure Development and Economic Growth in India.” Journal of the Asia Pacific Economy 14 (4): 351–365. https://doi.org/10.1080/13547860903169340.
   Web of Science ®Google Scholar
• Schneider, S. C., and A. De Meyer. 1991. “Interpreting and Responding to Strategic Issues: The Impact of National Culture.” Strategic Management Journal 12 (4): 307–320. https://doi.org/10.1002/smj.4250120406.
   Web of Science ®Google Scholar
• Schwartz, S. H. 1999. “A Theory of Cultural Values and Some Implications for Work.” Applied Psychology 48 (1): 23–47. https://doi.org/10.1111/j.1464-0597.1999.tb00047.x.
   Web of Science ®Google Scholar
• Shane, S. 1994. “The Effect of National Culture on the Choice Between Licensing and Direct Foreign Investment.” Strategic Management Journal 15 (8): 627–642. https://doi.org/10.1002/smj.4250150805.
   Web of Science ®Google Scholar
• Sharma, C., and S. Sehgal. 2010. “Impact of Infrastructure on Output, Productivity and Efficiency: Evidence from the Indian Manufacturing Industry.” Indian Growth and Development Review 3 (2): 100–121. https://doi.org/10.1108/17538251011084446.
   Google Scholar
• Spiller, P. T. and W. D. Savedoff. 1999. “Commitment and Governance in Infrastructure.” Can Privatization Deliver 133–150.
   Google Scholar
• Spiller, P. T. and I. Vogelsang. 1997. “The Institutional Foundations of Regulatory Commitment in the UK: The Case of Telecommunications.” Journal of Institutional and Theoretical Economics 153(4): 607-629.
   Google Scholar
• Van de Walle, D. 1998. “Infrastructure and Poverty in Vietnam.” In Household Welfare and Vietnam’s Transition, 99-135, World Bank Regional and Sectoral Studies, edited by D. Dollar, P. Glewwe, and J. Litvack, 1–49. Washington, D.C: World Bank.
   Google Scholar
• Wen, J., C. V. Okolo, I. C. Ugwuoke, and K. Kolani. 2022. “Research on Influencing Factors of Renewable Energy, Energy Efficiency, on Technological Innovation. Does Trade, Investment and Human Capital Development Matter?.” Energy Policy 160: 112718.
   Web of Science ®Google Scholar
• Williamson, O. E. 1976. “Franchise Bidding for Natural Monopolies-In General and with Respect to CATV.” Bell Journal of Economics 7 (1): 73–104. https://doi.org/10.2307/3003191.
   Google Scholar
• Willoughby, C. 2004. “How Important is Infrastructure for Achieving Pro-Poor Growth?” Room Document 1:29–30.
   Google Scholar
• Zhang, J. 2012. “The Impact of Water Quality on Health: Evidence from the Drinking Water Infrastructure Program in Rural China.” Journal of Health Economics 31 (1): 122–134. https://doi.org/10.1016/j.jhealeco.2011.08.008.
   PubMed Web of Science ®Google Scholar