This study explores the impact of headquarters’ innovation motives on subsidiary knowledge sourcing, and their subsequent roles. The motivation of this research is to expand upon the understanding of the roles of foreign subsidiaries, and their implications on the innovation performance of the...

This paper analyzes trends in different components of trade of transition countries. To explain the cross-country differences, the paper points out the important distinction between the determinants of inter-industry trade and intra-industry trade (IIT), and horizontal and vertical IIT. Using...

This paper analyzes trends in different components of trade of transition countries. To explain the cross-country differences, the paper points out the important distinction between the determinants of inter-industry trade and intra-industry trade (IIT), and horizontal and vertical IIT. Using...

Decentralization of decision-making is among the most intriguing recent school reforms, in part because countries went in opposite directions over the past decade and because prior evidence is inconclusive. We suggest that autonomy may be conducive to student achievement in well-developed...

Decentralization of decision-making is among the most intriguing recent school reforms, in part because countries went in opposite directions over the past decade and because prior evidence is inconclusive. We suggest that autonomy may be conducive to student achievement in well-developed...

This note demonstrates that when developing countries remove barriers to migration and integrate their labour markets, children may be driven out of schools and into informal or paid employment in the comparatively rich countries. In industrialized countries, the same mechanism might force...

We analyze the link between financial development and income inequality for a broad unbalanced dataset of 138 developed and developing countries over the years 1960 to 2008. Using credit-to-GDP as measure of financial development, our results reject theoretical models predicting a negative...

Decentralization of decision-making is among the most intriguing recent school reforms, in part because countries went in opposite directions over the past decade and because prior evidence is inconclusive. We suggest that autonomy may be conducive to student achievement in well-developed...

The process of structural transformation forms the very basis of economic growth and development. This paper analyses the implications of alternate patterns of structural change for changes in the overall distribution of income within an economy. An empirical analysis is carried out based on...

The objective of this paper is to examine the effect of financial inclusion on income inequality. We use the World Bank's Global Financial Inclusion database to build our own financial inclusion index and its two components. The estimation of financial inclusion on income inequality for 69...