Regional output per worker has converged across Chinese provinces in 1979- 1989. The estimated rate of convergence is 2.2 percent. This rate of convergence can be explained by neoclassical growth model conditional on assumptions about factor mobility and production elasticities. My empirical...

Im Mittelpunkt der Wettbewerbs- und Industriepolitik der EU stand im vergangenen Jahr der Vorschlag der EU-Kommission zur Dezentralisierung der Wettbewerbsaufsicht. Dieser Vorschlag der Kommission trägt revolutionäre Züge, gibt die Kommission doch damit ihr Monopol als Wettbewerbshüter in...

Now, at the end of the 20th century, many OECD countries face serious problems in achieving both prosperity and social cohesion. One important - and sadly neglected - source of these problems are the very policy systems that are meant to address them. I will argue that these policy systems -...

The process of European integration has reached a formerly unknown speed. The completion of the Internal Market has led to a mutual recognition or harmonization of varying standards, norms, and regulations among EU member countries. Moreover, the treaty of Maastricht widened the competences of...