The competitiveness of a country, besides the quantity and quality of factors of production, is largely dependent on institutional factors. It is not surprising therefore that the alteration of formal institutions (e.g. laws, measures, policies etc.) is a hot topic nowadays. But it is important...

Using the standard differences-in-differences (DD) technique and a modified DD technique in the slopes, this paper determines that hosting the 1996 Summer Olympic Games boosted employment by 17% in the counties of Georgia affiliated with and close to Olympic activity, relative to employment...

This paper empirically examines the role of export expansion in the economic growth of countries at different levels of development. Results from a switching regression model with data-determined group selection indicate that exports contribute to growth through both a sector-externality effect...