This paper contributes to the globalization debate by studying the overall effect on growth of openness and indigenous factors. The data from 1998-2005 covers 122 economies. The result of a nonparametric estimation of a two-way random effects model show that both the openness and indigeneity factors promote growth. Industrialized economies score relatively high in terms of performance in both f...

abstract t his paper explains bilateral trade patterns between south korea and thirteen opec member countries over the period 1980-2014 using a gravity model. the estimation results show that the gravity equation fits the data reasonably well. we confirmed the existence of long term relationships between the bilateral trade flows and the main components of gravity model - gdp, income (gdp per c...

This paper analyzes the initial filing and the subsequent renewal decisions of the international patent applicants. Specifically I use as data input a comprehensive patent documentation collected from the EUropean Patent Office (EPO) that was unprecedented in its level of disaggregation by various characteristics such as nationality of inventor, type of technology and designated country of pate...

Many studies analyzed in depth how aging affects aggregate economic performance. But analyses of these effects on the employment structure are scarce and they do not consider that consumption patterns, the supply of goods and services, and also sectoral labor productivity are all likely to adjust to aging and will change. Hence, regression analysis of sectoral employment shares is proposed that...

This paper presents some two-step estimators for a wide range of parametric panel data models with censored endogenous variables and sample selection bias. Our approach is to derive estimates of the unobserved heterogeneity responsible for the endogeneity/selection bias to include as additional explanatory variables in the primary equation. These are obtained through a decomposition of the redu...

Economies of Scale in European Manufacturing Revisited* We test for internal and external economies of scale in European manufacturing, employing a more disaggregated data set than has been used in earlier analyses. We aim to separate externalities from common business cycle effects. Fifteen European manufacturing industries in France, Germany, Italy and the UK are analysed. We focus on economi...

The enlargement of the EU has implications for the national defence requirements and therefore national defence policy of European nations. In light of the freedom of movement of citizens between member states it is appropriate to consider the implications of a country’s military expenditure for it’s macroeconomy and specifically on the flows of migration between member states. Traditionally in...

This paper investigates the impact of the introduction of new restrictive permanent contracts on the perceived job security of workers in Spain. The perceived job security is strongly influenced by the characteristics of individuals and their distribution within groups. Comparing heterogeneous groups could make the traditional DID estimator biased. To address this issue I combined the propensit...

This paper investigates the short-term costs and benefits of apprenticeship training in Germany. It calls into question the popular stylised fact that apprenticeship training always leads to net costs during the apprenticeship period. We analyse the impact of the proportion of different occupational groups of apprentices on firm performance. We use representative matched employer–employee panel...