Zur Versorgung auslandischer Märkte können Unternehmen zwischen Exporten, der Produktion in Zweigniederlassungen und Lizenzvergaben wählen. Mit Blick auf die ersteren beiden Möglichkeiten wird in der jüngeren Literatur vor allem die Nähe-Konzentrationshypothese diskutiert, die besagt, dass...

In this paper, we have built several panel data models at industry level for the period 2000-2011, by considering the impact of various macroeconomic variables, such as labour cost and average gross earnings, upon employment in Romania. A forecasting scenario was then built to forecast the...

This paper empirically examines short-andlong-run relationships between foreign direct investments (FDI) and volatility of foreign portfolio investments (FPI) in 12 Central and Eastern European (CEE) countries. We use the Generalized Autoregressive Conditional Heteroskedasticity models to...

Zur Versorgung auslandischer Märkte können Unternehmen zwischen Exporten, der Produktion in Zweigniederlassungen und Lizenzvergaben wählen. Mit Blick auf die ersteren beiden Möglichkeiten wird in der jüngeren Literatur vor allem die Nähe-Konzentrationshypothese diskutiert, die besagt, dass...

This aim of the article is to determine the optimal tax policy horizon, and thus its strongest impact on economic growth in OECD countries. From a methodological point of view, the empirical analysis is based on a dynamic panel model, in which the data for the OECD countries in the period of...

We explore four decades of cyclical and long-run dynamics in income distribution and economic activity for a panel of thirteen OECD countries, as measured by the wage share and the output gap. When modeled as a Goodwin model, our results suggest that economic activity is weakly profit-led and...

We explore four decades of cyclical and long-run dynamics in income distribution and economic activity for a panel of thirteen OECD countries. Based on predator-prey dynamics, we find that the business cycle is weakly profit-led , and that the long-run equilibrium has been shifting towards a...

The article is focused on the mutual relationship among effective tax burden, size of government spending and economic growth. Its aim is to verify the effect of taxation and government spending on economic growth, but also to verify the effect of taxation and economic growth on the size of...

We explore four decades of cyclical and long-run dynamics in income distribution and economic activity for a panel of thirteen OECD countries. Based on predator-prey dynamics, we find that the business cycle is weakly profit-led , and that the long-run equilibrium has been shifting towards a...