Corporate governance is vital in the effective implementation of domestic and foreign economic policies. In this context, this study examines the role of political connections in the Indian context to understand their impact on firms' productivity and technology transfer. We ask the following...

This article analyzes whether the decline in business investment in R&D during the crisis 2008/2009 was only a result of the general economic downturn or also affected by each country's R&D specialization. First we investigate international long-term changes in industry patterns of R&D to...

Previous research shows that technical progress at the industry level, measured by sectoral TFP growth, is more localized in continental European countries than in Anglo-Saxon countries. We use EU KLEMS data sets to decompose sectoral TFP for nine European countries by means of a Malmquist...

This study represents an analysis of the problem of efficiency of the economic system, the theoretical advancement in the related field and the influence of the related economic activities over the overall effectiveness. Analysing has been emphasized the different processes involved in the...

ResumenEste artículo analiza la participación de los sectores económicos (sector industrial, sector comercio, sector agrícola, sector minero y sector inmobiliario) en el PIB total de Antioquia en el periodo 1980-2005, y revisa la aplicación de la primera y segunda ley de Kaldor en el...

Over the past decade, research explaining cross country income differences has increasingly pointed to the dominant role of total factor productivity (TFP) gaps as opposed to factor accumulation. Nevertheless, it is a widely held belief that a country's ability to absorb and implement...

We estimate the People's Republic of China's (PRC's) potential growth rate in 2012 at 8.7% and at 9.2% for the average of 2008-2012, about the same as the average actual growth rate for this period. This rate is the natural growth rate, that is, the rate consistent with a constant unemployment...

Over the last few years, a large body of literature has shown that the level of information and communications technology (ICT) diffusion, and, as a result, the favorable effects of this diffusion on productivity, differ greatly between the major advanced countries, with the United States the...

We re-estimate the World Technology Frontier (WTF) non-parametrically, using the Data Envelopment Analysis method, with a dataset covering both OECD country-level and US state-level data on GDP per worker and the stocks of physical capital, unskilled labor, and skilled labor. The WTF 2000 is...

The study relates the economic liberalization of the Mexican economy and the expansion of remittances inflows with regional economic growth in Mexico. A convergence non-linear econometric model was specified using the degree of economic openness and remittances as the conditional variables. The...