According to neo-classical theory, farmoperators’ labour allocation is determined by therelative wage they can earn from their labour on and offthe farm. At the equilibrium, time should be allocated sothat the marginal returns from on- and off-farm workare equal. Thus, a move from coupled to...

The paper explores the determinants of productivity gap within the European Union in four industrial manufacturing sectors (computers, chemicals, basic metals and food) of strong macroeconomic significance and varied "Research and Development" (R&D) intensity. Our analysis reveals that some of...

An extensive program of economic liberalization reforms, even when it generates positive outcomes, does not automatically generate support for further reforms. Societies respond with strong support only after experiencing the effects of reversing these reforms (i.e. corruption, inequality of...