The present paper reports an attempt to estimate the role of urbanisation economies in Greek industry. Using a flexible form of production function obtained from a Taylor-series expansion of a polynomial it is estimated that the labour productivity of the manufacturing sector is five per cent...

The paper is an attempt to examine the idiosyncratic unfolding of Greek industrialisation and de-industrialisation from a long-run perspective (1867-1994). Following stylized facts, it is shown that the main shifts in the Greek economy occurred outside industry (from agriculture to services)....

International banking is a complex phenomenon. Among its determinants, distance has been found to be critical. But does distance only have a simple negative direct effect? Or is the role of geography more intricate? Applying spatial analysis techniques on BIS data of bank foreign claims in 178...

The aim of this study is to examine the determinants of international banking. In doing so, it utilizes data from the Bank of International Settlements (BIS). In particular, the primal variable of interest is drawn from BIS Consolidated Statistics and refers to banks’ foreign claims....

We find evidence that banks target return on equity (RoE) and make active use of leverage to affect the speed of adjustment towards RoE targets. That holds for both the pre- and post-2007 periods and especially for banks that tend to operate with above median leverage among their peer group. As...

The present paper reports an attempt to evaluate the relative effects of regional policy on investment in Greek manufacturing industry during 1971-82. A generalized neoclassical model of investment behaviour is used allowing for separate estimates of the effects of different policy instruments....

? This study analyzes the production efficiency gains in terms of technology transfer and labour productivity changes caused by diverse degrees of foreign ownership using a sample of 4,056 manufacturing firms operating in Greece in 1997. Departures from normality of labour productivity and its...

This paper explores the effects of bank credit on firm growth before and after the recent financial crisis, taking into account different structural characteristics of banking sectors and domestic economies. Panel quantile analysis is used on a sample of 2075 euro area firms in 2005-2011. The...

Drawing from two different strands of literature, industrial ecology and spatial analysis, the paper attempts to examine the role that location plays in determining firm survival. A time-varying covariates hazard model is used on Greek firms, which enter manufacturing in the early 1980s and are...