In the present paper through an econometric analysis author will attempt to show two things. First, that State Governance Efficiency increases at a slower pace than the increase of public sector. Second, that Governance Efficiency has a positive impact on economic growth. In other words, it is...

In the present paper an empirical analysis will point out that unemployment is one of the various causes of alcoholism. The sample covers all industrial World. Data are drawn from IMF and OECD. The elaboration of these panel data is made feasible by means of the Eviews software package

Usually the higher Government Debt country borrows money from other countries having lower Government Debt. This will end up with a higher lending rate in all countries. So, the spillover of a high debt problem in one country will cause pressures for higher interest rates in all remaining...

In the present paper an empirical analysis will point out that in all industrial countries ageing population growth causes an even faster increase in health expenditure (% GDP). This phenomenon will affect among others economic growth as well as consumption structure. This phenomenon...

The crux of the present article is that if corporations (as bank clients) are profitable in a globalised economic environment and there are no barriers to entrepreneurship, banks (as lenders to these corporations) are expected to be profitable too. Thus, our proposed model is a link between...

In the present paper an effort will be made to show empirically that education spending reduces inequality of income distribution. Author supports the view of (José De Gregorio and Jong-Wha Lee, 2002) using a different model for the period 1995-2006. Panel data are elaborated by means of Eviews...

In this paper it is shown that barriers to entrepreneurship increase unemployment rate. This will be feasible by using panel data econometric analysis. Data are annual and cover Western European countries, Japan and the United States for the period 1998-2003. The elaboration of these data is...

In the present paper it will be pointed out that entrepreneurial caliber plays an important role in the occupancy rate of the hotel industry. The contribution of this paper is that it enables researchers to evaluate the impact of an estimate of entrepreneurial caliber on hotel industry...

It will be shown in this paper that unemployment rate due to technology use in production has an optimum (maximum) at a critical point of technology use. For any technology use lower than this critical level the unemployment rate increases as technology use increases, while the opposite takes...

It is well known that creditors to any bank are interested in bank’s solvency, while bank’s shareholders are interested in bank’s return to equity (roe). Solvency and roe are two targets for any bank. However, solvency and roe can be under certain conditions conflicting targets. In this...