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This paper presents and analyses some results of the special sample survey of Estonian firms undertaken in 1994-2003. The main attention in this paper is focused on business supporting services provided by various institutions and on the operation of disputes’ resolution mechanism, using the concept of social networks.

According to the authors, there are two methods in use to determine the contributions of expenditure categories to economic growth. In the conventional ‘international method’, total imports are deducted from exports, whereas in what is known as the ‘Dutch method’, final and intermediary imports are allocated to all expenditure categories. Although the Dutch method is a little more complex than the international method, it has the considerable advantage that the contributions of the

This paper investigates whether the creation of special economic areas can be justified on the basis of the evidence emerging from three EU New Member States: Poland, Hungary and Czech Republic.

The authors develop a Shumpeterian theory of business cycles that relates job creation, job destruction and wages over the cycle to the processes of firm restructuring, innovation and implementation that drive long-run growth. Findings reveal that job destruction and firm turnover are counter-cyclical, but labour productivity growth and job creation are pro-cyclical.

The paper constructs a consistent set of quarterly Japanese data for the 1960-2002 sample period and compares properties of the Japanese and U.S. business cycles. The authors formulate, estimate and analyze a model that makes distinction between the intensive and extensive margin and allows for gender differences in labor supply.

This paper explores the different conceptual approaches to measuring between-group and within-group inequality and delineates the sometimes contradictory pathways by which these measures affect economic growth and development. The typology is applied to the cases of East Asia and Latin America.

The purpose of this paper is to quantify the efficiency with which Australian universities utilise their teaching resources. The study estimates the cost efficiency of 36 universities over the period 1995-2002 using stochastic frontier analysis. The main finding is that universities are not operating efficiently as measured by cost efficiency and in relative terms. An efficiency ranking is derived and policy inferences are discussed.

This paper investigates technological activity in the European regions. The analysis is based on a statistical databank set up by CRENoS on regional patenting at the European Patent Office spanning from 1978 to 2001 and classified by ISIC sectors at the 2 digit level. We consider 175 regions of 17 countries in Europe, the 15 members of the European Union plus Switzerland and Norway.

The authors develop a general framework showing that technology and product market spillovers have testable implications for a range of performance indicators, and exploits these using distinct measures of a firms position in technology space and product market space.

This paper contributes an estimation framework to measure both technological and linkage externalities from foreign direct investment (FDI). Empirical research dealt mainly with intra-industry spillovers from FDI with restrictive treatment of inter-industry effects until recently. The findings reveal outsourcing relationships of MNCs with local upstream suppliers as a channel of diffusion.