This paper uses firm-level data from the Business Environment and Enterprise Performance Surveys to study the process of convergence of transition countries with developed market economies. The study focuses on competition and market structure, finance and the structure of lending to firms, and...

This paper considers the extent to which fluctuations in Australian economic growth are affected by domestic and overseas economic performance. We investigate the performance of a range of non-linear models versus linear models using Bayes factors and posterior odds ratios. The posterior odds...

The purpose of this paper is to study the impact of capital flows on economic growth in a small open country. An extended Solow growth model which includes human capital is employed. It is shown that we can obtain results which are significantly different from the results suggested by the open...

This paper connects a traditional topic in trade theory with a new topic in economic dynamics in a simple two(-country) by two(-good) dynamic general equilibrium (dge) model by showing that the transfer paradox, or the donor-enrichment and recipient-impoverishment transfer, is possible if and...