South Korea has had a continuous engagement with significant trade, investment and security matters simultaneously in its relations with other nations. South Korea’s bilateralism with China is a part of a larger milieu which China has been constructing, that includes the Belt and Road...

Based on two strands of research, namely ‘barriers to technology adoption’ and ‘appropriate technology’, we propose a formal reappraisal of ‘deep integration’, a broad concept often used in trade policy discussions. We then evaluate the 2004-7 EU enlargement wave utilizing this...

This paper discusses Japanese motor vehicle manufacturing investment and state intervention measures in the Australian market. Australia’s auto industry is an extension of global motor vehicle manufacturers with a small number of domestic manufacturing firms that form a part of the global...

This research addresses the estimation of total factor productivity for Nicaragua throughout the period 1960-2019 by means of three methods: Solow residual, direct substitution method, and Malmquist index. Based on the results obtained, it is concluded that the direct substitution method is more...

On the basis of the current production function, this paper categorizes the industries in an economy into the traditional and emerging industries, builds a categorized production function (CPF) and defines the innovation efficiency. We can repeat all the researches about original production...

The world has been struggling with the economic and financial crisis for almost a decade and yet, in spite of all efforts we have so far witnessed, problems persist. Volatility in financial and commodity markets, protracted low inflation in some advanced economies, debt overhang and geopolitical...

This paper expands on our understanding of the lights-income relationship by linking the newest generation of nighttime satellite images derived from the Visible Infrared Imaging Radiometry Suite, VIIRS, to nationwide, panel data on population and income from 2012-2018 for both Brazil and the...

The fundamental role of domestic investment to provide economic prosperity is very well recognized by the economic theory since the Mercantilist theory. Hence, we investigate the impact of domestic investment on economic growth for the case of the Uruguayan economy over the period 1960-2017. For...

This paper follows Jones (2005) in his approach to deriving the global production function from microfoundations. His framework is generalized by allowing for dependence between the Pareto distributions of labor- and capital-augmenting developments. Using the Clayton copula family to capture...

This paper expands on our understanding of the lights-income relationship by linking the newest generation of nighttime satellite images derived from the Visible Infrared Imaging Radiometry Suite, VIIRS, to nationwide, panel data on population and income from 2012-2018 for both Brazil and the...