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 purpose of this study is to analyse the determinants of life expectancy as proxy for health status of the OECD countries' population. A production function of health is used to explain expectancy life at birth for total and ageing population and according to gender. Socio-economic factors,...

This paper empirically examines the determinants of corporate environmental product and process innovations. In contrast to previous studies, we use panel data from the ASSET4 and Worldscope databases for firms from 25 European countries between 2004 and 2017. This allows us to control for...

Spatial econometrics has recently been appraised in a theme issue of the Journal of Regional Science. Partridge et al. (2012) provide an overview of the three contributing papers, the most critical being Gibbons and Overman (2012). Although some of the critiques raised are valid, they are issues...

The foreign direct investments (FDI) spillovers are probably the most extensively analyzed channel of knowledge spillovers (the most important channel for the transfer of knowledge and technology to firms of the host country). Scholars as well as policy makers increasingly treat FDI spillovers...

The degree of comovement of economic activity across states or regions is an issue of utmost importance to policymakers. Asymmetric business cycles are often seen as an impediment to the formation of a common currency area. However, it has been argued that a common monetary policy in itself...

Multinational firms transfer to their foreign affiliates superior technology, leading to higher productivity of their workers and therefore to higher wages, or so the often cited rent-sharing theory of multinational firms explains. But studies have shown that oftentimes, this results not from...

In this paper, I try to develop a framework, which presents the factors influencing the mobility capacity of the manufacturing activity of a multinational enterprise (the difficulty/ease with which it can transfer its manufacturing activity from the initial host territory to another territory)....