This paper presents a general view of economic growth and the evolution of education and population in North America, Central America and South America, including a comparison of production by inhabitant in Agriculture, Industry and Services, and foreign trade. The leadership of USA and Canada...

The paper treats the issue of decreasing volatility of the U.S. economy observed since the mid-1980s. As a measure of volatility the residual variance of a composite economic indicator with Markov switching is used which. Two additional regimes are included capturing the secular shift in...

This article presents some econometric models that have into account both supply and demand sides as determinants of real Exports, and the important relationships that exist between industrial development and foreign trade. The models also focus on the positive role that human capital plays to...

Tests proposed by Robinson (1994a) for testing unit roots and other fractionally integrated hypotheses are applied in this article to several measures of the U.K. unemployment. The results clearly reject the trend-stationary I(0) representations, but even the unit roots I(1) hypotheses are also...

In this paper we examine whether foreign banks presence has helped reduce concentration in the Indian banking market and thus increased competition among banks. Concentration has been measured using the Herfindahl-Hirschman Index of concentration and regressed on a set of explanatory variables...

This article presents a comparison of the evolution of employment rates by sector in Italy with the European Union averages. We analyse the main causes of the differences of the rates of non-agrarian employment, between northern and southern regions, as well as the inter-relation between the...

The debate concerning the mean reverting nature of the consumption-income ratio is revisited. The existing literature is extended by allowing for the as yet unconsidered possibility of asymmetric mean reversion in a collection of OECD economies. Using specifically derived finite-sample critical...

This study investigates the decomposition of labour productivity growth into contributions of capital deepening, increased usage of Foreign Direct Investment intensity (FDI intensity), and the simultaneous contribution of the quality of these factors. This is expressed as the Total Factor...

This analysis studies the role of those factors that are exogenous to the environmental Kuznets curve (EKC) model in causing a weakening in the correlation between GDP per capita and emissions (CO2 and sulphur). The aim is to advance within the EKC research by scrutinizing both the historical...

In this paper we investigate if trade barriers or openness affect economic growth differently in the presence of technological diffusion. A sample of about 70 developing countries is chosen and the impact of import tariffs and SW openness index on economic growth when these countries engage in...