This paper develops a dynamic model of trade and growth that we use to study how openness affects economic growth. In our model, heterogeneous firms choose to either produce with their existing technology or search within the domestic economy to adopt a better technology. These choices determine...

El objeto del trabajo es una primera aproximación a los aspectos económicos de la pintura y los grabados de Fran¬cisco de Goya, penetrando en su significado, en su relación con la realidad de su tiempo y en su posible correspondencia con las ideas económicas de los ilustrados españoles. Se...

This paper re-examines Hayek’s insights into the problem of knowledge in markets, and argues that his analysis remains pertinent but has serious flaws. His central thesis—that the market price system is essential for communicating information and coordinating transactions wherever knowledge...

This study reports on various aspects of replication research in economics. It includes (i) a brief history of data sharing and replication; (ii) the results of the authors’ survey administered to the editors of all 333 “Economics” journals listed in Web of Science in December 2013; (iii) an...

This research establishes that religiosity has a persistent effect on economic outcomes. First we use a sample of migrants in the US to establish that religiosity at the country of origin has a long lasting effect on the religiosity of migrants. Second, exploiting variations in the inherited...

This study investigates the relationship of mergers & acquisitions with the interest spread of the banking industry in Pakistan. To assess whether the merger of Pakistani banks were a success or otherwise, profitability, liquidity ratios, and net interest spread are computed which are considered...

This research note presents the research rankings of Turkish economists in the world using RePEc database as of January 2014. The long-run research ranking data running from 2003 to 2013 are utilized to identify the research success of Turkish economists working at universities and institutions...

The article examines analytically economical preconditions and motivation of economical agents to use independent boards in corporate government of a firm. Behavior of economical agents (shareholders and management of a firm) is analyzed in view of neoclassical economical theory. In survey...

As a burgeoning capital market in an emerging economy, automation of the stock market is regarded as a major step towards integrating the financial market as a conduit for economic growth. The automation of the Ghana Stock Exchange (GSE) in 2008 is expected among other things to improve the...

The urgent need for higher levels of productivity and competitiveness to meet the demands of the domestic and international market, poses serious challenges to productive and educational systems of the department of Santander, Colombia. It follows from the results obtained in the two sectors;...