Im zentralplanwirtschaftlichen System der ehemaligen Sowjetunion war der Einzel-und Großhandel stark vernachlässigt. In den Transformationsjahren nahm sein Beitrag sowohl gemessen an seinem Anteil am BIP als auch anhand der Zahl der Beschäftigten erheblich zu. Das Ziel dieses...

Innovations in information- and telecommunication technology render the proximity requirement between business partners obsolete and make business service outsourcing via cross-border trade more feasible. Although the (service-led) growth prospects have been widely discussed, evidence at the...

This paper challenges the widespread belief that FDI generally has a positive impact on economic growth in developing countries. It addresses the limitations of the existing literature and re-examines the FDI-led growth hypothesis for 28 developing countries using cointegration techniques on a...

Separate identification of the price and quantity of human capital has important implications for understanding key issues in economics. Price and quantity series are derived for four education levels. The price series are highly correlated and they exhibit a strong secular trend. Three...

This article contributes new time series for studying the U.K. economy during World War I and the interwar period. The time series are per capita hours worked and average tax rates of capital income, labor income, and consumption. Uninterrupted time series of these variables are provided for an...

L’évolution de la croissance de l’économie mondiale joue un rôle crucial dans la conduite de la politique monétaire canadienne. À cet égard, les auteurs étudient l’utilité des indices mensuels des directeurs d’achats (PMI) pour la prévision de la croissance du PIB réel à court...