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Income distribution is seen as instrumental to human development and to a number of development outcomes through a variety of channels. It is also considered important in itself, as testified by its inclusion in the Sustainable Development Goals. Yet existing research on income inequality in...
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We develop a horizontal R&D growth model that allows us to investigate the different channels through which financial reforms affect R&D investment and patent activity. First, a "micro" reformthat abolishes barriers to entry in the banking sector produces a straightforward result: a decrease in...
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The paper explores the effects of Multinational Enterprises (MNEs) and Domestic Enterprises (DOMEs), respectively, on regional productivity in the case of UK regions. Our empirical evidence shows that the more intensive in terms of R&D and intangibles MNEs, have a stronger effect on regional...
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