Has the European integration process lead to increased specialisation and what drives changes in specialisation? To address these questions we apply a model that incorporates endowments, technology and increasing returns to scale (IRS). Analyses reveal that countries with high capital accumulation have become increasingly specialised in capital-intensive industries; this holds for both human an...

This paper assesses whether the linkages between R&D, human capital and productivity growth in a panel of EU manufacturing industries over the period 1980-2002 are affected by a critical level of human capital. To employ our data in an efficient manner, the study makes use of a dynamic threshold-based analysis, which determines endogenously the sample splitting procedure. The estimates indicate...

This paper investigates the impact of foreign direct investment (FDI) on performance companies in low- and high-technologically intensive industries manufacturing sector EU member countries, using datasets covering period between 2010 2020. The were selected according to High-tech classification based NACE Rev.2 at 2-digit codes. our study was measured turnover. We used a set independent variab...

With the advent of globalization, economic and financial interactions among countries have become widespread. Given technological advancements, the factors of production can no longer be considered to be just labor and capital. In the pursuit of economic growth, every country has sensibly invested in international cooperation, learning, innovation, technology diffusion and knowledge. In this pa...

Many writers have claimed that research and development (R&D) has two faces. In addition to the conventional role of stimulating innovation, R&D enhances technology transfer (absorptive capacity). We explore this idea empirically using a panel of industries across twelve OECD countries. We find R&D to be statistically and economically important in both technological catch-up and innovation. Hum...

We investigate how U.S. employment-based health insurance system a¤ects health care decisions. We stress that health is a form of human capital that a¤ects productivity on the job and we suggest that the current U.S. system might lead to an ine¢ cient low level of individual health due to employees’turnover. Turnover in frictional labor markets creates an externality that limits employer’and em...

this paper investigates the effect of foreign trade and human capital on economic growth using pooling data for the oic member countries over the period 1980-2003. for this purpose, the soderbom-teal (2003) growth model is re-specified with the variables such as growth of manufacturing exports, manufacturing imports, human capital, labor force and physical capital. the empirical results indicat...

the authors examine the effects of government expenditure on economic growth in iran, using annual data for the period of 1973-2003. in this paper, they lookat the offects of human, physical capital, and government budget on gdp. in the model developed in this paper, accumulation of human capital is dependent on physical. human capital, and government budget as well. the result indicate that go...