Foreign subsidiary performance and market efficiency effects are estimated and confronted in this paper using a rich firm-level panel for Polish manufacturing. Besides estimating total factor productivity, other performance measures are calculated and contrasted such as labor productivity,...

The paper studies the impact of intangible assets on economic growth and unemployment from a regional perspective. The familiar relationship between changes in the unemployment rate and economic growth – known as Okun's law – is taken as a workhorse of the analysis and estimated for the 27...