The improvement in the situation of SMEs in Europe was patchy in 2010. The disparities were greater than before the crisis and German SMEs consolidated their position. French SMEs remain in an intermediate position.

Azerbaijan's economy has been investigated within Dutch disease (DD) and Natural Resource Curse Theory (NRCT) several times during the last 20-22 years, but the studies relied on heavily aggregated data and speculative theoretical models. Opinions differ in academia as to how and to what extent...

There is a growing body of literature on the possible presence of the Natural Resources Curse (NRC) and Dutch Disease Syndrome (DD) in the Azerbaijani economy. Because of its abundant hydrocarbon resources, Azerbaijan has pursued an oil-oriented strategy for economic growth and development....

The aim of this paper is to analyse the evolution of manufacturing in 11 OECD countries: 9 European Countries, the United States and Japan, during the period 1975-92, from two economi approaches: supply and demand. With this purpose we estimate, with a pool of data, two econometric models for...

English Abstract: The “virtuous circle” between innovative inputs, outputs and economic performance is investigated in this article with a three equation model highlighting feedback loops and simultaneous relations. An empirical test is carried out considering innovative expenditure,...

In this paper, we have verified the financial crisis impact on economic growth in France. Referring to the main econometric and statistical tools, we mentioned the existence of Heteroscedasticity problem in the industrial production index, the consumer price index, the money market rate and the...

In this paper, we have verified the financial crisis impact on economic growth in France. Referring to the main econometric and statistical tools, we mentioned the existence of Heteroscedasticity problem in the industrial production index, the consumer price index, the money market rate and the...