This paper applies Granger causality tests to Swiss Cantonal Revenue and Expenditure in levels. It is the first study for Switzerland at the individual regional level and on the basis of vector error correction models distinguishing between long-term and short-term causality. The long-term...

This paper briefly reports on a research project whose focus is on the processes through which in the past countries that have been far behind the technological and economic leaders of the day have caught up, and on the institutions and policies that are necessary for successful catch-up today....

This paper briefly reports on a research project whose focus is on the processes through which in the past countries that have been far behind the technological and economic leaders of the day have caught up, and on the institutions and policies that are necessary for successful catch-up today....