This study discusses the challenges that economic policy-makers in Europe have to cope with, in order to ensure an economically prosperous and institutionally stable community of Member States of the European Union (EU). At the analytical level, we not only document a process of...

The aim of the paper is to examine the economic growth of 32 European countries from 2005 to 2015. This period was characterized by a strong growth prior to 2009, when the Great Recession started, and lasted until 2012-2013 in the majority of examined countries. The growth between 2005 and 2015...

Este estudo tem por objetivo analisar a relação entre capital humano dos indivíduos empregados, abertura comercial e crescimento econômico dos estados brasileiros no período de 1995 a 2006. Por meio do procedimento de dados em painel dinâmico, estimaram-se dois modelos teóricos: o de...

An intrinsic feature of a pre-modern society is in its fragmentary markets. Fragmentary markets are more likely to fail in the coordination of resource allocation. However, if a concentrated market is exogenously formed and the market could provide the only price to local markets, the market can...

This paper examines the Melo-Vogt hypotheses and compares the effects of economic openness in China and India. The two defining characteristics of this paper are the addition of a cross term containing the economic globalization index to the traditional import demand function model, and testing...

The paper uses data from 12 African countries to examine whether entrepreneurial activity moderates the relationship between financial development and economic growth. Using panel Generalized Method of Moments (GMM) technique, the results show that entrepreneurial activity does not moderate the...

The effect of economic integration and other factors on interstate conflict has been examined with a delimited geographical scope. A logistic regression analysis is adopted with one-year lagged independent variables regressed on dependent variable of interstate conflict. It is revealed that the...