Using multivariate cointegration analysis, this paper investigates the long run and short-run relationships between the agriculture, industry and service sectors for Barbados over the past five decades. Sectoral real output is analysed in two sub-periods: 1946 to 1969 and the years 1970-2003....

The main aim of this article is to analyze the effects of industrial and trade policy of the European Union on economic development, with particular reference to the negative effects of excessive trade deficits and industrial decline in some EU countries in the period 2000-2010. We compare 5...

We analyse the evolution of Private Consumption on Health, having into account that there are substitution effects between public and private expenditure in OECD countries. From the analysis of the evolution of these variables our main conclusion is that the increase of expenditure on Health,...

We present some econometric models of agrarian and non agrarian employment in OECD countries, and analyse the evolution of employment in European Union and the USA and other areas in the period 1960-2000. Data show that wages are lower in EU than in the USA and in spite of that rates of...

The aim of this paper is to analyse the evolution of manufacturing in 11 OECD countries, during the period 1975-92, from two viewpoints: supply and demand. With this purpose we estimate, with a pool of data, two econometric models for explaining industrial production from the above mentioned...

The reform process in India has gradually integrated the Indian financial markets with the rest of the world, and as a corollary, interest rates in India have been responding to movements in other financial markets. This article employs monthly short-term interest rate data over the 1992-2002...

This article analyses the evolution of employment rates by sector in Germany, in comparison with the European Union averages. We explain the main causes of the differences of employment rates among regions, the inter-relation between the evolution of employment and the spatial distribution of...

This paper examines the nature and determinants of the capital structure choice of Jordanian non-financial listed companies. This paper also studies the impact of the financial and economic liberalization on the capital structure choice of these companies. The move from a relatively highly...

The GCC countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates) depend heavily on the outside world for the supply of most of their needs. This is because of the relatively weak productive capacity of these economies, due to lack of resources, particularly labor,...

This article presents a comparison of the evolution of employment rates by sector in Italy with the European Union averages. We analyse the main causes of the differences of the rates of non-agrarian employment, between northern and southern regions, as well as the inter-relation between the...