We study the relationship between debt and growth in EU countries in the years 1995-2015. We investigate the debt-growth nexus in two alternative empirical set-ups: the traditional cross-county panel regressions and mean group estimations. We find evidence of a positive long-run relationship...

Implementation and usage of the latest inventions in information technology provides enterprises better position on the global market. Radio Frequency Identification (RFID) presents the innovative information technology that can change and improve many of the enterprises collaboration operations...

This paper extends a model by Ehrhart et al (2008) which examines duopoly under the EU Emission Trading Scheme, analyzing the effectof emissions permit price changes on firm profits. While their model assumes no initial allocation of permits to firms, the extension presented here incorporates...

Using a sample of 1154 European firms from 11 countries, we show that firm-levelexchange exposure for Eurozone and non-Eurozone European firms has increased sincethe introduction of the euro, but this rise was smaller for Eurozone than non-Eurozonefirms. The increase in firm-specific exposure...

This book focuses on the stabilization and growth problems of Ireland, an archetypal peripheral member of the EC. In part I, a supply-side neo-Keynesian macro-econometric model is developed, which captures the stylised features of the economy: high dependence on multinational FDI; an open labour...

All countries of the European Union (EU) have had their economies impacted by COVID-19 and should focus their efforts on managing the negative impacts on their GDP growth. Since EU countries vary considerably in many criteria, the same policy would not fit all EU countries. This paper analyzes...

Eight small businesses in the electronics industry from Rochester, NY were studied inorder to determine whether the European Union’s directives, Waste Electrical andElectronic Equipment (WEEE) and Restriction of Hazardous Substances Directives(RoHS) are spurring innovation in the US....

Oil price shocks have a statistically significant impact on real stock returns contemporaneously and/or within the following month in the U.S. and 13 European countries over 1986:1-2005:12. Norway as an oil exporter shows a statistically significantly positive response of real stock returns to...

Purpose of the article: In the case of highly developed countries quality of human capital (QHC) is currently considered as one of the most important factors determining international competitiveness and growth of economies. The fundamental role of the QHC can be seen in the EU policy documents...