This article provides an empirical assessment of the relation between the cyclicality of fiscal expenditure policy, output volatility and economic growth, using a cross-section of 88 countries over the period 1960 to 2004. Identification of the effects of (endogenous) cyclical expenditure policy...

This article investigates empirically the links between market size, trade, competition and productivity, using a cross-section of 11 OECD countries and 11 manufacturing industries over the period 1995 to 2000. To deal with endogeneity concerns we extend the Frankel and Romer (1999) approach to...