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Economic globalisation and technological change are the two issues that concerned people in the past, concern them today and will concern them in the future - all over the world, poor or rich. Traditionally, questions about allocative effects are asked: What are the...
Economic theory and empirical research confirm that the rising international integration caused an increase in aggregate income at least for the industrialized countries, although trade liberalization is no Pareto improvement. In the empirical literature, there is a...
This book explains how government support and institutional set up facilitated the evolution of the Indian pharmaceutical industry and provides an economic analysis of firm strategies due to recent policy changes. The book is useful for researchers interested in...
The world is changing rapidly.The global economic crisis has called into question the political decisions that have been made by all countries for decades and has led to a re-formulation of tools and aims. Adjustments to the new situation are necessary and entail...
This book seeks to analyze how small and medium businesses react to the economic and financial crisis. Its focus is on the activities and strategies of SMEs in the areas of innovation, R&D investment, labor markets and finance. The book takes an international...
This book investigates whether the effects of economic integration differ according to the size of countries. The analysis incorporates a classification of the size of countries, reflecting the key economic characteristics of economies in order to provide an appropriate...
This book evaluates the successes, failures, and factors that influence the competition for public bus transport services. Using Germany as a case study, the author explains the dichotomous system of a market with licenses for commercial services, where operators are...
The history of Italian colonial affairs has recently attracted renewed interest from historians and economists. It is a complex and involved question. Over the last few years, though perhaps slightly later than the more mature historiography of other European countries,...
The main research problem addressed in the book is the one regarding the role that export diversification could play for enhancing economic growth in Colombia, both in terms of new products and new geographic markets.The underlying motivation for centering the analysis...
This contribution applies the cointegrated vector autoregressive (CVAR) model to analyze the long-run behavior and short-run dynamics of stock markets across five developed and three emerging economies. The main objective is to check whether liquidity conditions play an...
Although interest in spatial growth regressions has been growing in recent years, formal theoretical approaches that acknowledge the role of space in economic growth have been sparse. In particular in a regional context, the assumption of independent, non-interacting...
Is small still beautiful? The recent economic and financial crisis has shown that developed countries in which firms are smaller suffered the biggest GDP plunges. Today, economic growth depends more than in the past on sound and well-organized firms, which means more...
Risk concentrations play a crucial role for the survival of individual banks and for the stability of the whole banking system. Thus, it is important from an economical and a regulatory perspective to properly measure and manage these concentrations. In this book, the...
In this book the author investigates the impact of demographic change on economic growth. As a result of the current financial crisis, a new view on economics has been demanded by various scientists. The author provides such a new view on economic growth, using a...
The aim of this book is to offer a comprehensive overview of the economics of ports for scientists, students and professionals.The text is divided into five self-contained parts: the first chapter defines the demand for port services using an econometric approach.The...
The unfolding tragedy of the AIDS epidemic is an instance where a disease with local origins has created consequences worldwide. Todd Sandler (2001a) Health concerns are ?rmly embedded in the developing world. Conditions of poverty like inadequate health infrastructures...
Modern Europe has rural roots. Even today, as much as 90 per cent of Europe (EU25) consists of rural areas in which half of the population lives. While different rural areas often face different challenges, the shift from agricultural production towards a...
This book presents an interdisciplinary analysis of EU regional cohesion based on a network and clusters approach. The author explores the question if and how the presence of network structures supports the effectiveness of transformation in EU regions, in particular...
The recent global ?nancial crisis has made ?nancial liberalization a topic of great academic and practical interest. This book makes new contributions to the topic by combining fact-?nding, empirical analysis, and theory to examine the relationship between ?nancial...
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