In recent years, German and foreign companies have consistently increased their investment in Research and Development in Germany. In 2009, investment was over 45 billion euros which was a third higher than in 2001. While foreign companies have significantly expanded their Research and...

This work is dedicated to the main trends of development of international education market, globalizing of higher education and conditions and factors of improvement of Russia's position in international education.

This paper studies the innovation strategies of multi-product firms in industries with different scope for product differentiation. In a simple model of multi-product firms, we show that returns to product versus process innovation are industry-specific. Demand and cost linkages induce a natural...

In this paper we reconsider the degree of international comovement of inflation rates. We use a dynamic hierarchical factor model that is able to decompose Consumer Price Index (CPI) inflation in a panel of countries into (i) a factor common to all inflation series and all countries, (ii) a...

The article is devoted to the theoretical analysis of current trends in industry development of reproduction structures. Infrastructure functional role of industry is growing in development of national economy. This role is estimated not only by a a direct contribution to a value added, but also...