An endogenous growth model on finance and growth is formulated, and empirical analyses are conducted. The model exhibits structural shifts and breaks caused by institutional changes, suggesting that a linear approach is inadequate. To address this point empirically, we fit data for 90 countries...

The paper aims at explaining empirically the diffusion of E-commerce based on two largescale sample surveys conducted in the Swiss economy. The paper adds to previous work in two ways: firstly, we estimate separate models for E-selling and E-purchasing, and, secondly, we distinguish between...

The paper investigates empirically the decision of firms to adopt Information and Communication Technologies (ICT) based on a comprehensive specification of a "rank model" of technology adoption (complemented by "epidemic effects") using firm-level data for the Swiss business sector. The...