This paper examines the 522 most important composers in the last 800 years, as identified by Murray (2003), in terms of their birth location and migration. It also looks at detailed patterns of migration and tendencies to cluster in certain cities for those composers born from 1750 to 1899. This...

This paper analyzes the structural change in the German dairy sector using a sector-wide optimization model. In particular, the model includes a spatially explicit representation of dairy processing farms and dairy farming regions to account for the trade-off between economies of scale in dairy...

This paper explores the productivity performance of the manufacturing sector in Vietnam between 2001 and 2007. Total Factor Productivity indices are computed using an index number approach and the productivity performance of manufacturing sub-sectors is analysed. We find that productivity...

Volatility in financial markets is a matter of considerable concern to financial institutions and their supervisors. Already it is clear that this volatility has had an adverse effect on the real economy. Many measures of risk that are used today do not take full account of the kind of extreme...

This Paper summarizes the theory of Maximum Likelihood Estimation of regressions with alpha-stable residuals. Day of week effects in returns on equity indices, adjusted for dividends (total returns) are estimated and tested using this and traditional OLS methodology. I find that the alpha-stable...

This paper surveys the rise and fall of the European mercantilist system, and the transition to the modern, well-integrated international economy of the 19th century. It also surveys the literature on the links between trade and economic growth during the period, and on the economic effects of...

From the Seventies the importance of information and communication technologies (ICTs) has been a much debated question. A lot of studies are made in order to understand if the ICTs are able to increase economic growth, firm productivity and firm efficiency. In this study both the translog and...