There is a wide consensus that the chronological order of firms entering new product markets can affect long-term market shares. Commonly, it is expected that early entrants are able to gain long-lasting competitive advantages over their followers. This is corroborated by a large body of...

Panel unit root tests of real exchange rates – as opposed to univariate tests – usually reject non-stationarity. These tests, however, could be biased if the real exchange rate contained MA roots. Indeed, two independent arguments claim that the real exchange rate, being a sum of a...

Panel unit root tests of real exchange rates as opposed to univariate tests usually reject non-stationarity. These tests, however, could be biased if the real exchange rate contained MA roots. Indeed, two independent arguments claim that the real exchange rate, being a sum of a stationary and a...

Panel unit root tests of real exchange rates as opposed to univariate tests usually reject non-stationarity. These tests, however, could be biased if the real exchange rate contained MA roots. Indeed, two independent arguments claim that the real exchange rate, being a sum of a stationary and a...

The debate on the role of innovation in employment growth is still inconclusive with the available literature focusing largely on industrialised economies. With this concern, we examine the potential of innovations in creating permanent full-time jobs in registered manufacturing companies in...