Although non-R&D innovation activities account for a significant portion of innovation efforts carried out across very heterogeneous economies in Europe, how to incorporate them in to economic models is not always straightforward. For instance, the traditional macro approach to estimating the...

The aim of this paper is to create an indicator that compares the efficiency of countries in converting economic complexity into human development through the Data Envelopment Analysis (DEA) method and econometric validation. The DEA will not only enable comparisons of efficiency across...

We investigate the spatial distribution of TFP growth rates using exploratory spatial data analysis and other spatial econometric techniques. Our sample consists of 73 countries and covers the period 1960-2000. We identify significant positive spatial autocorrelation in TFP growth rates,...

In this paper we study the impact of diversity on regional growth by extending the existing literature in such that we differentiate between industry diversity and human capital diversity. In order to measure human capital diversity we construct a regional measure based on individual...

Today more than half of the 7 billion inhabitants of the planet live in urban areas, with this share expected to keep rising. Whereas in developed countries urbanisation has been a long and slow process, in developing countries this process is now characterised by a really fast pace and a high...

Cultural diversity in modern Russian society is determined, first, by the composition of the ethnic and cultural space, sometimes historically rooted in the distant past, and, second, by migration. Given the spatial characteristics of Russia, cultural diversity of cities and regions is driven...

The main goal of this paper is to provide evidence for the causal effect of the highway and railway infrastructure on the suburbanization of population in European cities. This is considered a major issue in Europe, which has never been studied before at this scale. We constructed a unique...

In this paper, we study maximizing long-run economic growth trade-off in monetary and fiscal policies in an endogenous growth model with transaction costs. We show that both monetary and fiscal policies are subject to threshold effects, a result that gives account of a number of recent empirical...

Earlier literature on economic growth models identified Africa specific determinates of economic growth. In standard models of economic growth Africa dummies were significant. A more resent strand of literature attributes the significance of Africa dummies to inappropriate estimation techniques....

We analyse an endogenous growth model with pollution and abatement. Human capital is used in the production sector as well as in pollution control. We show that greener preferences may increase the pollution level, driven by the decrease in human capital intensity in the production sector and...