This paper studies the empirical relation between market competition and innovation using Luxembourg's Structural Business Statistics. The competitive pressure in Luxembourg's markets is assessed by computing a prot elasticity measure, based on the idea of cost-efficiency. From this, the paper...

This document analyzes different measures of international inflation and their influence on the domestic inflation. We found that these measurements have a statistical significant effect on the behavior of domestic inflation. Therefore the evolution of the international inflation must be...

The paper uses available data to compare and analyzes the relationships between structural change and economic growth in four OIC member countries (Indonesia, Malaysia, Nigeria and Turkey). The paper uses descriptive statistics to analyze and compare structural transformation in the study...

The aim of the paper is to test the Marshall-Lerner-Robinson condition by using the unit-root test of Ng-Perron (2001) and cointegration test of Perron-Rodriguez (2001). These tests are based on procedures for removing the trend using the GLS, leading to remove no-stochastic components. By...

This research is aimed at establishing a bivariate long-run association between FIFA country ranking and domestic football competition level in the case of Turkey. To test this hypothesis empirically, coefficient of variation values are computed seasonally for Turkish Super League over...

The economy of Kenya has been continued to be the largest in the East African region and third largest in Sub-Saharan Africa after South Africa and Nigeria respectively. At present Kenya is one of the most highly literate countries in sub-Saharan Africa. But more than 60% people of Kenya live...

This research is aimed at assessing the impact of the stock market capitalization and the banking spread in per capita economic growth (as a proxy of economic development) in the major Latin American economies during the period 1994-2012. To do this, a panel data model is estimated with both...

There has been intense competition among developed and developing countries to attract foreign direct investment (FDI) in recent years. This competition for FDI is due to the fact that foreign capital creates employment and economic growth, augments the productive capital of a country, promotes...

The aim of this paper is to determine stable long-run relationships between investment, trade balance and cash-flow variables using Sectorial level of Morocco economy, in addition to the direction of the causality between them. Such relations are deduced using Granger causality, Johansen...

Technological leadership has shifted at various times from one country to another. This analysis proposes a mechanism that endogenously explains this perpetual cycle of technological leapfrogging by incorporating international knowledge spillovers into a two-country dynamic model of innovation...