This study analyses long-run level relationships between total factor productivity (TFP) and a set of variables (the degree of openness of an economy, the different roles of government, and human capital) that are hypothesised as the major factors that drive TFP in the High-Performing Asian...

The European Union enforced respect of human rights and democratic principles an essential elements of all its preferential and non preferential trading agreements since the beginning of the 90's. In all EU external agreements, an essential element would imply that the EU can impose sanctions...

The article investigates sharp reductions seen in current account deficits in transition countries in the 1992-2003 period. By using both descriptive statistical approaches as well as panel regression-based analysis the article focuses on three important aspects of these current account...

In most cases, empirical analyses of environmental innovations based on firm-level data relied on survey data for one point in time. These surveys, especially designed for the analysis of environmental innovations, are useful because they allow for the inclusion of many explanatory variables...

Internationally, the importance of renewable energy in the energy mix has been increasingly appreciated. The advantages of the renewable energy usage for the world’s energy security and the environment are indisputable and much discussed in the literature. However, its effects on the economic...

The dynamic impact of financial development and trade openness on economic growth is examined for five major South Asia countries over the period 1985-2010 in the panel co-integration and causality framework. The results reveal the existence of long-run relationship between economic growth,...

Despite the impressive magnitude of inward FDI in China, empirical studies on its spillover effects are relatively scarce and have failed to find conclusive evidence. By exploring a vast firm-level panel dataset, this study aims to test empirically whether the horizontal and vertical FDI...

This paper studies institutional structures of prudential and business conduct supervision of financial services in 98 high and middle income countries over the past decade. It identifies possible drivers of changes in these supervisory structures using the panel ordered probit analysis. The...