The rapid increase in intra-industry trade (IIT) between the EU15 and Central, Eastern and South-Eastern European … new process of transition and real convergence to the EU. Using a product-level trade flows database and employing linear … and non-linear panel data specifications, this paper assesses the determinants of intra-industry trade between the EU15 as …

from the euro area Survey of Professional Forecasters (SPF). A key aspect of our analysis is the evaluation of the entire … predictive densities, including an evaluation of the impact of density features such as location, spread, skew and tail risk on …

Southeastern European EU Member States (CESEE-10) in the EU-15 market. The paper takes a comprehensive approach as we analyze … promising new industries and markets remains essential, not least because the EU-15 market is projected to grow at a slower pace …

reforms affect R&D investment and patent activity. First, a “micro” reform that abolishes barriers to entry in the banking …. Second, a “macro” reform that removes restrictions on banks’ reserves and credit controls. While this reform increases …

We test whether two key elements of the EU and euro area economic governance framework, the Stability and Growth Pact …-in-difference approach on a panel of over 30 countries, some of which are non-EU (control group). Hence, the impact of the EU economic … governance pillars is evaluated based on both the performance before and after their application as well as against the control …

digitalisation on economic growth, and how those effects may be impacted by institutions and governance. It discusses a number of … institutions and governance tend to be associated with greater growth-enhancing effects from digital technologies …