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Empirical studies on the geography of innovation have established that skilled workers' mobility and collaboration … proportion of accessible knowledge effectively used for innovation depends on absorptive capacity. Such complementaries in … innovation. While greater accessibility encourages convergence, the notion of absorptive capacity implies a self …
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"This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...
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Recent empirical studies have been searching for evidence on and driving forces for offshoring. Typically, this search has been conducted by analysing gross trade flows related to offshored activities using gravity equations augmented by ad hoc measures of supply-side country differences. This...
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