“...With the rapid pace of economic integration, the productivity of a country depends not only on domestic R&D, but also on foreign R&D through technology...”

“...Fixed costs play a crucial role in current models of foreign direct investment (FDI), yet they are almost entirely ignored in empirical treatments of FDI. We...”

“...Human capital accumulation is introduced in a growth model with R&D‐driven expansion in variety and quality of intermediate goods and knowledge spillovers from...”

“...In this paper we evaluate the relative influence of external versus domestic inflation drivers in the 12 new European Union (EU) member countries. Our...”

“...No empirical evidence has yet emerged for the existence of a robust positive relationship between financial openness and economic growth. This paper argues...”

“...Data on transportation costs are difficult to obtain. In the absence of good data, many researchers have turned to indirect measures of transportation costs...”

“...Simulations demonstrate that when unit‐root behavior is rejected in a Levin and Lin panel test, it is incorrect to infer that all series are stationary. Recent...”

“...This paper provides the first empirical analysis directly comparing the effects of customs unions (CUs) and free‐trade agreements (FTAs) on members’ bilateral...”

“...We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our aim is to assess whether “old” and “new”...”

“...The impacts of outsourcing provision—the arrangements whereby a firm carries out production stages for other firms—are examined on wage differentials between...”