Romania has known in the last 20 years a deindustrialisation process (like other Eastern  European countries) firstly caused by a profound system crisis. And for the same 20 years, Romania seems like is running away from the idea of industrial policy. But there is nothing wrong with having an...

Romania has known in the last 20 years a deindustrialisation process (like other Eastern  European countries) firstly caused by a profound system crisis. And for the same 20 years, Romania seems like is running away from the idea of industrial policy. But there is nothing wrong with having an...

Romania has known in the last 20 years a deindustrialisation process (like other CEECs) firstly caused by a profound system crisis. And for the same 20 years, Romania seems like is running away from the idea of industrial policy. But there is nothing wrong with having an industrial policy. The...

The hypotheses of sectoral return rates on regulating capital either gravitating around or converging towards a common value is tested on data for various OECD countries by adopting two panel varying coefficient approaches. Our null hypotheses receive some empirical support, that turns out to be...

We test the hypotheses of industry return rates either gravitating around or converging towards a common value in Taiwan and New Zealand. We adopt various econometric approaches. The results are then nested in a meta-analytic framework together with those of the past literature. Various kinds of...

In this paper we test for the gravitation of regulating return rates, namely those return rates yielded by capital goods incorporating the best methods of production. We define them within a vintage capital model taking into consideration capacity utilization, capital depreciation, and wages of...

Climate change related risks impact and challenge the private sector in many different ways. This also applies to risk drivers like a companies’ reputation and a changing consumer behavior. Since significant risk drivers for companies differ just as much as companies themselves, a sector...

The purpose of this study is to give a financial synoptic, annual image of the real economy state using the balance sheets of the economic units. Hence, the paper analyses and evaluates economically some significant indicators (secondary, tertiary, aggregate, etc.) with a higher significance...

The purpose of this study is to give a financial synoptic, annual image of the state of the real economy, using the annual balance sheets of the economic agents. The objectives of the paper aim to implement some significant indicators (secondary, tertiary, aggregate, etc.) in the economic...