Similar to economic growth, the process of technology diffusion may well be approximated by easily Exchange Traded Funds (ETFs) are recognized financial innovations pervasively impacting and transforming financial markets (Deville 2008, Gastineau 2010, Agapova 2011, Hill et al. 2015). Easy to...

The process of technology diffusion is complex, and one should bear in mind that multiple elements may be claimed as its essential determinants. Insofar, voluminous theoretical and empirical literature has been issued where attempts of identification of the latter has been made. However, we...

Exchange traded funds (ETFs) are one of the most influential financial innovations, reshaping the investment funds market in many countries, including Mexico. Due to their similar investment objectives, ETFs are considered substitutes for mutual funds. This paper examines the changes of the...

The paper, mostly empirical in nature, investigates issues on cross-national new information and communication technologies (ICTs) adoption patterns and growth directions. In the period of 2000–2010, a great number of countries underwent substantial changes on the field of ICTs implementation....

In recent years, enormous changes are noted worldwide during broad adoption of Information and Communication Technologies (ICT). These unique technologies – often perceived as economic development incentives – have a great ability to spread at high pace and low cost in countries all over the...

The paper presents the analysis outcomes on the catching-up process. Additionally, it seeks to identify the “convergence clubs” in cross-national section. It implements a traditional analysis of convergence, tracking the catching-up process as well as the per capita income dynamics across...

In recent years, enormous changes are noted worldwide when broad adoption of new Information and Communication Technologies (ICTs). These unique technologies – often perceived as economic development incentives – have a great ability to spread at high pace and low cost in world countries,...

The main aim of the paper to test for structural convergence among arbitrary selected European countries. The authors choose four transition economies: Poland, Czech Republic, Hungary and Slovak Republic which are widely recognized as structurally similar economies. All four countries` economy...

The paper presents the analysis outcomes on the catching-up process. Additionally, it seeks to identify the “convergence clubs” in cross-national section. It implements a traditional analysis of convergence, tracking the catching-up process as well as the per capita income dynamics across...