The purpose of this article is to study the trends in per capita productivity in several major industrialised countries. The analysis is first based on annual data over a long period spanning the entire 20th century for the United States, France and the United Kingdom. Productivity trends are...

We examine the relationships between national ethical environment (NEE) and foreign direct investment (FDI) in developing and developed countries from an institutional theory perspective. Based on an NEE measure developed by Franke and Nadler (2008) and FDI data from the Ministry of Finance of...

This paper compares the degree of openness to trade of three developed countries markets-the European Union, Japan, the United States-with that of three middle-income countries, namely Brazil, India, and China. A theoretically consistent protection measure - the Mercantilistic Trade...

The East Asian miracle was real. Prior to the 1997 economic and currency crises, Asian NICs --Hong Kong, Korea, Singapore and Taiwan-- achieved remarkable annual GDP growth. In these countries the overall economic performance was significantly determined by the industrial development triggered...