In a second-best world of below-optimal pollution pricing, the public return to R&D may be greater than under Pigouvian pricing, due to excess benefits of increasing abatement, or it may be lower, since private actors lack the incentives to take full advantage of the new, cleaner technologies....

Over the time a large number of reciprocal preferential trade agreements (RTAs) have been concluded among countries. Recently many studies have used gravity equations in order to estimate the effect of RTAs on trade flows between partners. These studies report very different estimates since they...

Sektorinės investicijos leidžia tikslingiau siekti asmeninių investuotojo tikslų, uždirbti didesnį pelną ar išvengti per didelės rizikos. Dėl šios priežasties šiame darbe siekiama ištirti ar taikant sektorių rotacijos strategiją, formuojant akcijų portfelius NASDAQ OMX Vilnius...

The main aim of this paper is to analyse sectoral contributions to dynamics productivity and output development in context of business cycle. Used dates were Czech Republic behind years 1995- 2009 (15 years). The main used indicators were labour productivity and capital productivity. The...