A large share of world trade, especially among the OECD countries, is two-way trade within industries, so called intra-industry trade. Despite this, few attempts have been made to examine why countries export some products within industries, whereas they import others. We examine this issue, by means of regression analysis, by examining the shares of IIT that are vertical and horizontal and by ...

I n the modern competitive world, Research and Development (R&D) and its overflowing technologies are the main basis of innovation, which in turn, can be determined as an important source of economic growth. Investing in research activities can help firms with different technological levels, especially high-tech industries to improve their productivity. This paper aims to analyze the...

Abstract In this paper we provide the first estimate of intertemporal substitution for leisure in Spain, accounting impact human capital accumulation. This would allow uncovering whether labour supply Spanish workers is affected by capital. Our empirical strategy consists estimating equation with and without capital, what allows to detect hypothetical estimation biases associated omitting To th...

Using detailed micro data from the Indonesian manufacturing sector, we examine the effect on productivity of direct foreign investment. The results suggest that direct foreign investment benefits locally owned establishments. The effect differs between groups of industries. Spillovers from DFI are found in sectors with a high degree of competition. The result suggests that the degree of competi...

This study aims to determine and analyze the influence of economic growth, government capital expenditure, human development index on inequality income distribution in Metropolitan Cities Indonesia. type research is descriptive associative research, where data used secondary from 2012 2021 obtained relevant agencies, which were analyzed using panel regression method. The findings this indicate ...

Title of Dissertation: HUMAN CAPITAL, SOCIAL CAPITAL, AND EXECUTIVE COMPENSATION: HOW DOES THE SLICE OF PIE EXECUTIVES APPROPRIATE COMPARE TO WHAT THEY BRING TO THE TABLE? Dante D. Di Gregorio, Ph.D., 2004 Dissertation Directed By: Professor Ken G. Smith & Associate Professor Cynthia K. Stevens, Department of Management & Organization, Robert H. Smith School of Business Prior research has ident...

This paper empirically examines the dynamic causal link between business R&D expenditures and trade performance in Australia. Based on cointegration and errorcorrection modeling Granger causality tests, variance decomposition and impulse response functions are used for this purpose. The results show that there is a long-run relationship exists between the trade variables and R&D expenditure and...

Human capital is now generally accepted as the main limiting factor to growth in the microelectronics sector. To remain competitive in world markets, European industry must have access to an educated workforce in key enabling technologies such as electronic mater!ials science, device physics, ULS processing and microelectronics systems design. The objective of this paper i,s to present an overv...

* I would like to thank Philip Keefer for the institutional data. Responsibility for all errors, omissions, and opinions rests solely with the author. All findings, interpretations, and conclusions expressed in this paper are entirely those of the author and do not necessarily represent the views of the World Bank, its Executive Directors, or the countries they represent. This paper assesses th...