This study examines the link between economic growth and foreign direct investment for Portugal. Using a panel data approach, the results show that there is convergence among Portugal and her trading partners. Our results also demonstrate that foreign direct investment and bilateral trade...

In the view of the economic recovery, the European Union encourages member states to rapidly implement a policy convergence at competitive levels, coherent with the internal single market. In this context, economic competitiveness should have a leading place within the structural policies...

This paper examines the evolution of the employment rate in Romania. I employ a panel data approach, considering the 42 counties, in order to explore the relationship between labour productivity, average earnings, investments and employment. The results reveal a positive impact of the average...

This paper examines the evolution of some important macroeconomic indicators for the EU analysing the changes caused by the crisis in the last years and tries to find which one of them is affecting the employment rate. We therefore employ a panel data approach, considering the 27 countries. The...

The study consists in analysing the long-run relationship between saving and the real economic growth for Euro area countries. By using annual data series and econometric techniques like Johansen co-integration procedure, Granger causality or panel data models, our findings suggest the existence...

Using present performance measures, we find that inflation rate is barely covered by Romanian private pension funds strategies. The paper looks at effects of scale on performance. This issue is investigated empirically using data from Romanian private pension funds. We find results consistent...

The objective of this paper is to empirically assess the recently introduced models of subsidy competition based on the classical oligopoly theories. Three crucial scenarios (coordination, weak competition, and fierce competition) are tested employing iteratively re-weighted least squares, fixed...

Internal migration, although less investigated than international migration, is a key mechanism for adjustment to regional economic shocks, especially when other tools prove useless. But this process has very complex factors of determination which can be economic, social, demographic,...

This paper examines the relationship of corruption with democracy and bureaucracy in the 82 countries in a panel framework. For the analysis we use rule of law, regulatory quality, control over corruption and secondary school enrollment ratio as control variables. We find that democracy, rule of...