Panel data is used to investigate the extent of R&D spillovers between OECD countries, and the importance of barriers to technology adoption in affecting the benefits of such spillovers. Our results indicate that countries with less regulated goods and labour markets benefit more from foreign...

This FIW Special - International Economics contains a policy report on the relationship between trade and productivity in the European Economy. The report is related to the 15th FIW-Workshop on the same topic which took place in Vienna on the 16th of March, 2012.

Anglo-Saxon countries have been successful in the 1990s concerning labor market performance compared to the former role models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets with bank-based financial markets as in Germany...