A large number of studies on the relationship between financial indicators and macroeconomic variables such as economic growth and energy as a result of the increase in the energy prices and their volatility in recent years have emerged. The aim of this study, apart from the other studies in the...

Increasing energy efficiency is a key global policy goal for climate protection. An important step towards an optimal reduction of energy consumption is the identification of energy saving potentials in different sectors and the best strategies for increasing efficiency. This paper analyzes...

The aim of this paper is to analyse the potential complementarity between environmental efficiency and labour productivity within growth process in theoretical and empirical terms. Firstly, I analyse the theoretical elements that justify the positive relationship between the two efficiencies....

This paper analyses how corporate taxes can affect investment and productivity. To address this question the paper uses data from a set of 42 developing countries taken from the World Bank Business Environment Surveys and examines whether firms with different sizes are affected differently by...

In the present paper an empirical analysis will point out that shadow economy tends to push up house prices, distorting real estate market. The sample covers EU, Japan and The United States. Data are taken from OECD and (Schneider et al., 2010); (Schneider, 2013). The elaboration of these panel...

It seems to be a trade-off between shadow economy restriction and macroeconomic repercussions. This view is expressed by (Era Dabla-Norris and Andrew Feltenstein, 2003) and is in agreement with the author of the present paper although approached in a different way. Author believes that present...

In the present paper author will attempt to show empirically that property taxation causes depression even in the long run. Hence, the view of OECD (2009) that property taxation will persuade investors to avoid to invest in safe assets (houses) and to invest instead in more productive assets in...

This paper investigates the relationship between the size of government and economic growth in OECD countries in 1960?2000. The underlying idea is that government expenditures on public goods basically have a positive effect on growth, but this growth effect tends to decline or even reverse when...

There has been a numerous amount of economic research carried out which has aimed at identifying the factors that could contribute positively to economic growth. The economic literature available on this matter appears to acknowledge that entrepreneurship is one of the elements that could...