This paper focuses on how corruption affects an important internationalization behavior of firms: the extent of control - wholly owned subsidiary or equity participation - exercised by firms involved in cross-border mergers and acquisitions (M&A). Recently, scholars have recommended studying the...

It is widely recognized that most economic activities show a tendency to agglomerate in space and, therefore, economic interactions among firms are likely to be influenced by their geographical proximity. Recently, the literature (Boschma, 2005) has remarked that other dimensions of proximity...

The aim of this paper is to assess the role played by creativity and other components of human capital on the process of economic growth for 257 regions in the 27 member countries of the European Union. We first decompose the regional human capital endowment to distinguish between the...

The purpose of this paper is to analyse the effect of various proximity dimensions on the innovative capacity of 276 regions in Europe within a knowledge production function model, where R&D and human capital are included as the main internal inputs. We combine the standard geographical...

This article investigates the role played by public capital in increasing the productivity levels in Italy. For construction of the regional series for the public capital stock over the period 1996 to 2003, the study benefits from the use of the rich dataset on public expenditure, recently...

The aim of this paper is to analyze the impact of domestic and international tourism on the economic growth process for 179 regions in ten European countries, which are highly representative of total tourism flows. The econometric analysis is performed for the period 1999-2009 and is based on a...

The paper explores the concurrent effects of cultural, political, and spatial distances on M&A flows occurring between any two countries belonging to the whole European Union (27 States) or to the European Neighbors Group (16 States) over the period 2000-2011. By employing zero-inflated negative...