i n addition to labor force and capital, energy plays a significant role in the production of commodities and services. energy is the driving force of production activities. therefore, it is an essential ingredient of growth and development. results obtained from this paper show that the growth of oil products consumption has a positive effect on economic development via two channels: firstly, ...

This paper assesses total factor productivity (TFP) growth in India, examines the sources of productivity growth, including public and private investment, and estimates the rates of return to public investments in agriculture. The results show that significant TFP growth in the Indian crops sector was produced by investments -primarily in research -but also in extension, markets, and irrigation...

Governments around the world are investing in logistics clusters to encourage economic growth and create jobs. While the advantages of high-technology, knowledge-based clusters have been analyzed extensively, logistics cluster have not. A new book: Logistics Clusters: Delivering Value and Driving Growth (MIT Press, Cambridge MA, September 2012) fills the gap. This article looks at some of the f...