Using a balanced panel of 215 Italian manufacturing firms over the 1995-2000 period, this paper investigates the determinants of Ramp;D investment at the level of the firm. While finding further support for the well-established technology-push and demand-pull hypotheses, this study also tests...

This paper discusses the determinants of three alternative measures of innovative output by looking at firm's own formal Ramp;D activities and at the acquisition of external technology (TA) in its embodied and disembodied components. These input-output relationships are also discussed by...

In this chapter, we aim to establish whether liberalization and accompanying regulatory arrangements have delivered the expected efficiency gains. In section I, we discuss the theoretical issues and demonstrate that ‘marketable’ yet simplistic arguments in favour of liberalization tend to...

This paper examines the possible implications of EU membership for the North-South development gap in Cyprus - assuming that the country would join as a federal entity. It reviews the debate on economic convergence and draws on research findings in the EU context. On balance, the theoretical and...

In the last two decades, the European Union has become wider and deeper. In addition, the number of regional integration arrangements has increased dramatically since early 1990s. Against these developments, the focus of regional and European integration studies has shifted away from the motives...

This paper empirically analyses the stability of the narrow money demand function (M1) in Turkey for the period 1950–2002. As part of the IMF sponsored stabilisation programme, Turkey has been pursuing base money targets. To ascertain whether this policy framework satisfies the necessary...

The emerging literature on ‘anchoring’ draws attention to non-conventional benefits of regional integration arrangements, which include increased policy credibility. Nevertheless, this literature tends to view the anchoring of policy reform as an exogenously given option for a...

The aim of this paper is to investigate the relationship between market power, governance and patenting activity in a sample of 25 OECD countries from 1988-2007. Controlling for a wide range of innovation predictors, we report that governance quality is related positively with patenting activity...