This paper provides new insights on the firm age and growth nexus along the entire distribution of (positive and negative) growth rates. Using data from the EFIGE survey, and adopting a quantile regression approach we uncover evidence for a sample of French, Italian and Spanish manufacturing...

We study the role of upstream product market regulation (PMR) on innovation efficiency. By estimating a knowledge production function for a large sample of OECD industries through a stochastic frontier analysis, we find that service regulation remarkably reduces R&D efficiency in the...

This paper analyses the sources of persistence in conducting R&D activities by SMEs. The data used is a panel of Spanish manufacturing firms drawn from the Survey of Business Strategies (ESEE), for the period 1990-2011. We estimate discrete time proportional hazard models accounting for firm...

In this paper, the eco‐efficiency of citrus farms operating under two different conventional and organic technological systems is analyzed. The methodology combines Life Cycle Analysis (LCA), to estimate the environmental impacts associated with the production process, and Data Envelopment...

This article introduces the special issue on Entrepreneurship and the Business Cycle, comprising articles presented at the workshop Good Times Bad Times: Entrepreneurship and the Cycle, held at the University of Valencia in November 2011. The workshop was organized to share insights about the...

En este trabajo se pretende avanzar en la evaluación estructural de los componentes de los indicadores cíclicos estimados con modelos factoriales dinámicos. A partir de una generalización del test de Andrews (1993) ofrecemos la posibilidad de detectar rupturas en los componentes y darles una...

This paper assesses the convergence in eco-efficiency of a group of 22 OECD countries over the period 1980-2005. In doing so, three air-pollutants representing the impact on the environment of economic activities are considered, namely, carbon dioxide (CO2), nitrogen oxides (NOX) and sulphur...

We use province migration-trade panel data to examine the importance of geographic proximity in the effectiveness of ethnic networks on bilateral trade. Empirical findings from the gravity model show that the migration-trade link is clearly in-province: exports from a province to a country do...

Self-selection and learning-by-exporting are the main explanations for the higher productivity of exporting firms. But, whereas evidence on self-selection is largely undisputed, results on learning-by-exporting are mixed and far from conclusive. However, recent research (De Loecker, 2010) has...

In this paper we present new evidence on the euro effect on trade. We use a data set containing all bilateral combinations in a panel of 26 OECD countries during the period 1967-2008. From a methodological point of view, we implement a new generation of tests that allow solving some of the...