The Neoclassical theory of production establishes a dual relationship between the profit value function of a competitive firm and its underlying production technology. This relationship, usually referred to as the duality theory, has been widely used in empirical work to estimate production...

The study of the territorial/regional development in Spain has nowadays a relatively long tradition, but from the point of view of cities development the number of studies and documents decreases drastically. This paper tries to improve the knowledge of the Spanish urban system. The aim of this...

Leightner [The Changing Effectiveness of Key Policy Tools in Thailand. Institute of Southeast Asian Studies for East Asian Development Network, EAON Working Paper 19(2002)x0219-6417] develops a new analytical technique, named “Reiterative Truncated Projected Least Squares” (RTPLS), which...

Meta regression analysis is used to extract the best average from a set of N primary studies of one economic parameter. Three averages of the N-set are discussed: The mean, the PET meta-average and the augmented meta-average. They are affected by control variables that are used in some of the...

Using the framework of a dynamic intertemporal optimization model of an open economy, it is shown that the long-run investment-saving correlation follows directly from the economy’s dynamic budget constraint and this does not depend on the degree of international capital mobility. Therefore,...

This paper investigates Becker, Hornung and Woessmann’s recent claim that education had an important causal effect on Prussian industrialization and finds it unwarranted. The econometric analysis on which this claim is based suffers from severe problems, notably the omission of relevant...