This paper gives a selective survey of different economic theories in order to discuss the role which IT plays for globalisation and how globalisation and technological progress in the IT-sector influences structural change, economic growth and national competitiveness. The decline in trade...

For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both within and between spatial units. In this paper, we...

The superiority of full information approaches when estimating a system of equation is well known for large samples. However, less is known about the small sample properties of these estimators relative to limited information approachs. This is especially true for the context of Panel data...