This paper analyzes the world web of mergers and acquisitions (M&As) using a complex network approach. We use data of M&As to build a temporal sequence of binary and weighted-directed networks, for the period 1995-2010 and 224 countries. We study different geographical and temporal aspects of...

This paper analyses the world web of mergers and acquisitions (M&As) using a complex network approach. We use data of M&As to build a temporal sequence of binary and weighted-directed networks for the period 1995-2010 and 224 countries (nodes) connected according to their M&As flows (links). We...

The practice of trade cost measurement faces several challenges related to data quality, methodology and theory; but the major issue is that of data scarcity. Due to these facts both domestic and asymmetric trade costs have been ignored despite being a feature of modern trade models. This paper...

The purpose of this research report is to identify and analyze the WTO-related issues for Pakistan at present in the area of textile sector of the economy. The report focuses on the challenges faced by the country in implementing its WTO commitments and the challenges posed by the implementation...

To avert the impending global Cyber-Finance Insurance Crisis based upon large-scale commercial reliance upon quantitative models with inherent model risks, tail risks, and systemic risks in current form, this post-doctoral thesis makes the following key contributions: Develops the first known...

This paper suggests an alternative way of measuring export instability, based on changes in the geographical structure of a country’s exports. Regression analyses indicate that there is a negative link between the level of export instability and the country’s share of world exports. On a...

In a path-breaking but largely overlooked study, published in a festchrift thirty years ago (1975), Herman Van der Wee provided a comparison of prices and real wages of building craftsmen in the regions of Antwerp and south-eastern England, from 1400 to 1700. To do so, he constructed a composite...

This 14th issue of the International Productivity Monitor published by the Centre for the Study of Living Standards contains five articles. Topics covered are recent productivity developments in the United States; lessons for Canada from international productivity experience; India’s...

V predkladanom článku sa zaoberáme problematikou volatility zahraničného obchodu. Konštatujeme neexistenciu univerzálne prijímaného indikátora volatility a navrhujeme spôsob výpočtu takéhoto indikátora. Skúmame vzťah medzi podielom krajiny na svetovom obchode a relatívnou...

Purpose - This paper introduces previously missing financial components(efficiency, activity and size) in the assessment of the finance-investment nexus. Design/methodology/approach - VAR models in the perspectives of VECM and short-run Granger causality are employed. Usage of optimally...