In the present paper author will support econometrically the view of (Checchi D. and C. Garcia-Peñalosa, 2005) who assert that trade unions reduce income inequality. Our sample covers western European countries during the period 1999–2008. Panel data regression analysis will be used based on...

In the present paper an econometric analysis will point out that oil dependence is not an obstacle for economic growth. The balanced panel covers the annual period 2000-2012 and includes the following countries: Austria, Belgium, Cyprus, Denmark, Finland, France, Germany, Greece, Ireland, Italy,...

In the present paper an empirical analysis will point out that the average hotel size has a positive impact on economic growth only in southern Europe. In the Northern Europe the opposite takes place. The sample covers most EU. Data are taken from Eurostat. The elaboration of these panel data is...

In the present model author finds econometrically with panel data that health care is effective. This empirical analysis covers many western European countries during the period (2001-2010) and can be applied in any country no matter what the health care system is. Eviews software is used...

It is shown in the present paper that embedded technology leads to higher economic growth. In other words, if the share of labor cost in value added is decreased then economic growth increases. It should be noted however that a decline in the share of labor cost in value added does not...

In the present paper an empirical analysis will point out that a Federal System, Political Stability as well as Research and Development expenditure (% of GDP) improve Human Development Index. Our sample covers many advanced economies during the period 2005-2011. The elaboration of these panel...

In this paper it is pointed out that economic freedom, globalization and entrepreneurial caliber foster economic growth. Thus, policy makers should bear in mind that entrepreneurship should not face obstacles, which hinder the realization of business investments. Data are taken from World...

In the present paper author through an empirical analysis with panel data will estimate the impact of government education spending (all levels of education) on unemployment rate reduction (all levels of training) vs the impact of real GDP growth. It will be pointed out that government education...

In the present paper an empirical analysis will point out that austerity measures due to high levels of government debt as a percentage of GDP have (among others) a positive impact on social unrest measured by the number of strikes. The empirical findings of the present paper support the view of...

In the present paper an empirical analysis will point out that government debt as a percentage of GDP has a negative impact (among others) on banking profitability. This impact will be even worse when this debt as a percentage of GDP exceeds a certain critical level. The sample covers during the...