This paper investigates the main postulations of the R&D based growth models that innovation is created in the R …&D sectors and it enables sustainable economic growth, provided that there are constant returns to innovation in terms of R … the period 1981–97. The results suggest a positive relationship between per capita GDP and innovation in both OECD and non …

Labor markets around the world have become increasingly integrated over the last two decades, with the entry of China …, India and the former Eastern bloc into the world trading system, the removal of restrictions on trade and capital flows, and … globalization, technological progress, and labor market policies to the decline in the labor share. The results, obtained for 18 …

globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies …

wisdom that globalization has increased the degree of synchronization of business cycles. The evidence that trade and …

major G7 countries during 1995-2014, a period that saw an unprecedented rise in globalization and business innovation … can result in rising returns to innovation and in turn greater demand for cash as firms insure against innovation …

the relative role of 'globalization' and 'technology' shocks in accounting for the short and long run variance of global …