We scrutinise in this paper the systemic consequences of state intervention triggered by external shocks for the dynamics of investment in the transforming Chinese economy. Our analysis focuses on the period before and after the global crisis. We interpret investment dynamics in a comparative...

We scrutinise in this paper the systemic consequences of state intervention triggered by external shocks for the dynamics of investment in the transforming Chinese economy. Our analysis focuses on the period before and after the global crisis. We interpret investment dynamics in a comparative...

Similarities of the applied technology and human resources make learning between industries easier and spillover effects stronger. For this reason, economic growth of countries and regions is largely dependent on the relatedness structure between their industries, which affects the appearance...

Similarities of the applied technology and human resources make learning between industries easier and spillover effects stronger. For this reason, economic growth of countries and regions is largely dependent on the relatedness structure between their industries, which affects the appearance...

Using entropy indices and associated bootstrap tests, we describe the distribution of economic sectors across Western European regions over the 1975-2000 period. We decompose geographic concentration into its within-country and between-country components. In addition, we estimate centre...

This paper presents the idea that retail trade stories might cluster with their competitors to pool marketing expenses and thereby increase their individual visibility among consumers. In a model which presumes such a marketing technology we derive some new comparative statics results. In a...

The paper surveys the main trends of per capita income convergence in the European Union. It stresses that income disparities have ceased to diminish across the European regions since 1980, although convergence between countries has continued in this period. Income levels have diverged inside...

Statistical data display a high level of sectorial and geographical concentration in the exports of three Central European new member states of the European Union: the Czech Republic, Hungary and Slovakia. All the three export huge quantities of the products of certain sectors of engineering...

Imports is an important factor beside exports when firm-level connection between innovation and productivity is analyzed. Innovation boosts productivity, its impact has been changing between 2005 and 2016 in Hungary. The estimated impact increased until 2010, then declined and fell to the level...

Matched firm-level balance sheet and partner- and product-level foreign trade data can be used to examine the relationship between product mix and productivity of firms, as well as other characteristics, such as size or foreign ownership. The conclusions to be drawn on the basis of foreign trade...