The aim of the paper is to illustrate a comparative analysis of the performance and traits of the manufacturing sector in Germany and Italy and against the background of the Euro countries as a whole. We explore factor endowment and compare the production and foreign trade specialisation...

[fre] Le poids total des peco dans le commerce européen est aujourd'hui faible : il est inférieur à 1 % des PIB français et allemand. Mais dans certains secteurs, les ventes d'Europe de l'Est peuvent atteindre 10 à 20 % des importations totales. Si les mesures de libéralisation se...

This note explores the relationship between the price elasticity of demand and the R&D intensity of the product. We introduce the concept of R&D intensity into a standard Dixit-Stiglitz/Krugmann-type setting. R&D activity is treated as a ficed cost of production. Within this framework, sectors...

Using data from the long-running German Socio-Economic Panel (SOEP) 1984-2008, this paper analyses the effects of individual preferences and choices on subjective well-being (SWB). It is shown that preferences and choices relating to life goals/values, partner's personality, hours of work,...