Brazilian economy was the most dynamic in terms of growth among developed and developing economies from post-War until 1980, when a severe external constraint interrupted this trend. We propose in this paper a model, based on Kaldor, where capital accumulation, technological gap and long run...

The study shows that the exceptional drop in volume of Finlands GDP in 2009 as much as 8 per cent was to a large extent due to huge decline in exports and production of one industry, ICT. The contribution of ICT (or electronics and electro-technical industry) to GDP decline was close to two...

Elliott and Müller (2006) considered the problem of testing for general types of parameter variations, including infrequent breaks. They developed a framework that yields optimal tests, in the sense that they nearly attain some local Gaussian power envelop. The main ingredient in their setup is...

The article analyzes the history of the world exhibitions as part of the global industrial expansion and diffusion of innovations during the second technological revolution. We underline the importance of the world of exhibitions for the formation of the international patent system in the...

Using a micro database of Tunisian firms, the paper investigates the dynamics of productivity growth, employment and jobs reallocation. The methodology is based on data analysis and regressions. The main findings are that there is a trade-off between employment growth and productivity as it...

Empirical evidence indicates that in Latin America and the Caribbean, households on less favored, or marginal, agricultural land form a “residual” pool of rural labor. Although the modern sector may be the source of dynamic growth through learning-by-doing and knowledge spillovers, patterns...

This paper critically discusses the most common methodology for decomposing productivity change into inter- and intra-firm effects. It is argued that the methodology can be improved to explicitly take the role of structural transformation into account, and by so doing, a potential source of bias...

This paper replicates Leybourne et al. (1998), who propose a Dickey-Fuller type test for unit root that is most appropriate when there is reason to suspect the possibility of deterministic structural change in the series. We find that our replicated results are quite similar to the authors'...

This study aims at identifying the socio-economic characteristics and structural change of regions in the new Member States of the European Union. The convergence and growth are central aspects of this investigation. The analysis focuses on the following points: a) highlighting the extent and...

A durable economic progress can take place only if environmental sustainability of industrial activities improves. The purpose of this paper is to reconsider the structural and policy changes that could ensure growth and competitiveness in a scenario in which environmental constraints represent...