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  Subjects -> BUSINESS AND ECONOMICS (Total: 3075 journals)
    - ACCOUNTING (89 journals)
    - BANKING AND FINANCE (261 journals)
    - BUSINESS AND ECONOMICS (1154 journals)
    - CONSUMER EDUCATION AND PROTECTION (24 journals)
    - COOPERATIVES (4 journals)
    - ECONOMIC SCIENCES: GENERAL (158 journals)
    - ECONOMIC SYSTEMS, THEORIES AND HISTORY (167 journals)
    - FASHION AND CONSUMER TRENDS (13 journals)
    - HUMAN RESOURCES (94 journals)
    - INSURANCE (23 journals)
    - INTERNATIONAL COMMERCE (127 journals)
    - INTERNATIONAL DEVELOPMENT AND AID (81 journals)
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    - MARKETING AND PURCHASING (86 journals)
    - MICROECONOMICS (24 journals)
    - PRODUCTION OF GOODS AND SERVICES (138 journals)
    - PUBLIC FINANCE, TAXATION (32 journals)
    - TRADE AND INDUSTRIAL DIRECTORIES (2 journals)

BUSINESS AND ECONOMICS (1154 journals)                  1 2 3 4 5 6 | Last

Showing 1 - 200 of 1566 Journals sorted alphabetically
4OR: A Quarterly Journal of Operations Research     Hybrid Journal   (Followers: 9)
Abacus     Hybrid Journal   (Followers: 11)
Accounting Forum     Hybrid Journal   (Followers: 22)
Acta Amazonica     Open Access   (Followers: 3)
Acta Commercii     Open Access   (Followers: 2)
Acta Oeconomica     Full-text available via subscription   (Followers: 2)
Acta Scientiarum. Human and Social Sciences     Open Access   (Followers: 4)
Acta Universitatis Danubius. Œconomica     Open Access  
Acta Universitatis Nicolai Copernici Zarządzanie     Open Access   (Followers: 3)
AD-minister     Open Access   (Followers: 2)
ADR Bulletin     Open Access   (Followers: 5)
Advances in Developing Human Resources     Hybrid Journal   (Followers: 21)
Advances in Economics and Business     Open Access   (Followers: 12)
AfricaGrowth Agenda     Full-text available via subscription   (Followers: 1)
African Affairs     Hybrid Journal   (Followers: 57)
African Development Review     Hybrid Journal   (Followers: 34)
African Journal of Business and Economic Research     Full-text available via subscription   (Followers: 1)
African Journal of Business Ethics     Open Access   (Followers: 7)
African Review of Economics and Finance     Open Access   (Followers: 3)
Afro-Asian Journal of Finance and Accounting     Hybrid Journal   (Followers: 6)
Afyon Kocatepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi     Open Access   (Followers: 3)
Agronomy     Open Access   (Followers: 11)
Akademika : Journal of Southeast Asia Social Sciences and Humanities     Open Access   (Followers: 4)
Alphanumeric Journal : The Journal of Operations Research, Statistics, Econometrics and Management Information Systems     Open Access   (Followers: 4)
American Economic Journal : Applied Economics     Full-text available via subscription   (Followers: 124)
American Economic Journal : Economic Policy     Full-text available via subscription   (Followers: 94)
American Journal of Business     Hybrid Journal   (Followers: 14)
American Journal of Business and Management     Open Access   (Followers: 50)
American Journal of Business Education     Open Access   (Followers: 10)
American Journal of Economics and Business Administration     Open Access   (Followers: 22)
American Journal of Economics and Sociology     Hybrid Journal   (Followers: 27)
American Journal of Evaluation     Hybrid Journal   (Followers: 12)
American Journal of Finance and Accounting     Hybrid Journal   (Followers: 16)
American Journal of Health Economics     Full-text available via subscription   (Followers: 12)
American Journal of Industrial and Business Management     Open Access   (Followers: 23)
American Journal of Medical Quality     Hybrid Journal   (Followers: 7)
American Law and Economics Review     Hybrid Journal   (Followers: 26)
ANALES de la Universidad Central del Ecuador     Open Access   (Followers: 1)
Annales de l'Institut Henri Poincare (C) Non Linear Analysis     Full-text available via subscription   (Followers: 1)
Annals in Social Responsibility     Full-text available via subscription  
Annals of Finance     Hybrid Journal   (Followers: 26)
Annals of Operations Research     Hybrid Journal   (Followers: 8)
Annual Review of Economics     Full-text available via subscription   (Followers: 29)
Applied Developmental Science     Hybrid Journal   (Followers: 4)
Applied Economics     Hybrid Journal   (Followers: 44)
Applied Economics Letters     Hybrid Journal   (Followers: 28)
Applied Economics Quarterly     Full-text available via subscription   (Followers: 10)
Applied Financial Economics     Hybrid Journal   (Followers: 21)
Applied Mathematical Finance     Hybrid Journal   (Followers: 6)
Applied Stochastic Models in Business and Industry     Hybrid Journal   (Followers: 5)
Apuntes Universitarios     Open Access   (Followers: 1)
Arab Economic and Business Journal     Open Access   (Followers: 3)
Archives of Business Research     Open Access   (Followers: 4)
Arena Journal     Full-text available via subscription   (Followers: 1)
Argomenti. Rivista di economia, cultura e ricerca sociale     Open Access   (Followers: 2)
ASEAN Economic Bulletin     Full-text available via subscription   (Followers: 5)
Asia Pacific Business Review     Hybrid Journal   (Followers: 5)
Asia Pacific Journal of Human Resources     Hybrid Journal   (Followers: 309)
Asia Pacific Viewpoint     Hybrid Journal  
Asia-Pacific Journal of Business Administration     Hybrid Journal   (Followers: 3)
Asia-Pacific Journal of Operational Research     Hybrid Journal   (Followers: 3)
Asian Business Review     Open Access   (Followers: 2)
Asian Case Research Journal     Hybrid Journal   (Followers: 1)
Asian Development Review     Open Access   (Followers: 14)
Asian Economic Journal     Hybrid Journal   (Followers: 6)
Asian Economic Papers     Hybrid Journal   (Followers: 7)
Asian Economic Policy Review     Hybrid Journal   (Followers: 3)
Asian Journal of Accounting and Governance     Open Access   (Followers: 3)
Asian Journal of Business Ethics     Hybrid Journal   (Followers: 7)
Asian Journal of Social Sciences and Management Studies     Open Access   (Followers: 6)
Asian Journal of Technology Innovation     Hybrid Journal   (Followers: 9)
Asian-pacific Economic Literature     Hybrid Journal   (Followers: 5)
AStA Wirtschafts- und Sozialstatistisches Archiv     Hybrid Journal   (Followers: 5)
Atlantic Economic Journal     Hybrid Journal   (Followers: 14)
Australasian Journal of Regional Studies, The     Full-text available via subscription   (Followers: 2)
Australian Cottongrower, The     Full-text available via subscription   (Followers: 1)
Australian Economic Papers     Hybrid Journal   (Followers: 16)
Australian Economic Review     Hybrid Journal   (Followers: 7)
Australian Journal of Maritime and Ocean Affairs     Hybrid Journal   (Followers: 11)
Balkan Region Conference on Engineering and Business Education     Open Access   (Followers: 1)
Baltic Journal of Real Estate Economics and Construction Management     Open Access   (Followers: 1)
Banks in Insurance Report     Hybrid Journal   (Followers: 1)
BBR - Brazilian Business Review     Open Access   (Followers: 5)
Benchmarking : An International Journal     Hybrid Journal   (Followers: 11)
BER : Consumer Confidence Survey     Full-text available via subscription   (Followers: 4)
BER : Economic Prospects : An Executive Summary     Full-text available via subscription  
BER : Economic Prospects : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Intermediate Goods Industries Survey     Full-text available via subscription   (Followers: 1)
BER : Manufacturing Survey : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Motor Trade Survey     Full-text available via subscription   (Followers: 1)
BER : Retail Sector Survey     Full-text available via subscription   (Followers: 2)
BER : Retail Survey : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Survey of Business Conditions in Building and Construction : An Executive Summary     Full-text available via subscription   (Followers: 4)
BER : Survey of Business Conditions in Manufacturing : An Executive Summary     Full-text available via subscription   (Followers: 3)
BER : Survey of Business Conditions in Retail : An Executive Summary     Full-text available via subscription   (Followers: 3)
BER : Trends : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Wholesale Sector Survey     Full-text available via subscription   (Followers: 1)
Berkeley Business Law Journal     Free   (Followers: 11)
Bio-based and Applied Economics     Open Access   (Followers: 1)
Biodegradation     Hybrid Journal   (Followers: 1)
Biology Direct     Open Access   (Followers: 7)
Black Enterprise     Full-text available via subscription  
Board & Administrator for Administrators only     Hybrid Journal  
Border Crossing : Transnational Working Papers     Open Access   (Followers: 2)
Briefings in Real Estate Finance     Hybrid Journal   (Followers: 5)
British Journal of Industrial Relations     Hybrid Journal   (Followers: 30)
Brookings Papers on Economic Activity     Open Access   (Followers: 46)
Brookings Trade Forum     Full-text available via subscription   (Followers: 3)
BRQ Business Research Quarterly     Open Access   (Followers: 2)
Building Sustainable Legacies : The New Frontier Of Societal Value Co-Creation     Full-text available via subscription   (Followers: 1)
Bulletin of Economic Research     Hybrid Journal   (Followers: 16)
Bulletin of Geography. Socio-economic Series     Open Access   (Followers: 6)
Bulletin of Indonesian Economic Studies     Hybrid Journal   (Followers: 3)
Bulletin of the Dnipropetrovsk University. Series : Management of Innovations     Open Access   (Followers: 1)
Business & Entrepreneurship Journal     Open Access   (Followers: 15)
Business & Information Systems Engineering     Hybrid Journal   (Followers: 5)
Business & Society     Hybrid Journal   (Followers: 9)
Business : Theory and Practice / Verslas : Teorija ir Praktika     Open Access   (Followers: 1)
Business and Economic Horizons     Open Access   (Followers: 2)
Business and Economic Research     Open Access   (Followers: 5)
Business and Management Horizons     Open Access   (Followers: 11)
Business and Management Research     Open Access   (Followers: 16)
Business and Management Studies     Open Access   (Followers: 7)
Business and Politics     Hybrid Journal   (Followers: 6)
Business and Professional Communication Quarterly     Hybrid Journal   (Followers: 7)
Business and Society Review     Hybrid Journal   (Followers: 5)
Business Economics     Hybrid Journal   (Followers: 6)
Business Ethics: A European Review     Hybrid Journal   (Followers: 16)
Business Horizons     Hybrid Journal   (Followers: 9)
Business Information Review     Hybrid Journal   (Followers: 13)
Business Management and Strategy     Open Access   (Followers: 39)
Business Research     Hybrid Journal   (Followers: 1)
Business Strategy and the Environment     Hybrid Journal   (Followers: 11)
Business Strategy Review     Hybrid Journal   (Followers: 6)
Business Strategy Series     Hybrid Journal   (Followers: 5)
Business Systems & Economics     Open Access   (Followers: 1)
Business Systems Research Journal     Open Access   (Followers: 4)
Business, Management and Education     Open Access   (Followers: 16)
Business, Peace and Sustainable Development     Full-text available via subscription   (Followers: 3)
Bustan     Hybrid Journal   (Followers: 1)
Cadernos EBAPE.BR     Open Access   (Followers: 1)
Cambridge Journal of Economics     Hybrid Journal   (Followers: 55)
Cambridge Journal of Regions, Economy and Society     Hybrid Journal   (Followers: 9)
Canadian Journal of Administrative Sciences / Revue Canadienne des Sciences de l Administration     Hybrid Journal   (Followers: 1)
Canadian Journal of Economics/Revue Canadienne d`Economique     Hybrid Journal   (Followers: 25)
Canadian journal of nonprofit and social economy research     Open Access   (Followers: 2)
Capitalism and Society     Hybrid Journal   (Followers: 2)
Capitalism Nature Socialism     Hybrid Journal   (Followers: 11)
Case Studies in Business and Management     Open Access   (Followers: 8)
CBU International Conference Proceedings     Open Access   (Followers: 1)
Central European Business Review     Open Access   (Followers: 1)
Central European Journal of Operations Research     Hybrid Journal   (Followers: 5)
Central European Journal of Public Policy     Open Access   (Followers: 1)
CESifo Economic Studies     Hybrid Journal   (Followers: 15)
Chain Reaction     Full-text available via subscription   (Followers: 1)
Challenge     Full-text available via subscription   (Followers: 4)
China & World Economy     Hybrid Journal   (Followers: 15)
China : An International Journal     Full-text available via subscription   (Followers: 17)
China Economic Journal: The Official Journal of the China Center for Economic Research (CCER) at Peking University     Hybrid Journal   (Followers: 10)
China Economic Review     Hybrid Journal   (Followers: 10)
China Finance Review International     Hybrid Journal   (Followers: 5)
China Nonprofit Review     Hybrid Journal   (Followers: 3)
China perspectives     Open Access   (Followers: 11)
Chinese Economy     Full-text available via subscription  
Ciência & Saúde Coletiva     Open Access   (Followers: 2)
CLIO América     Open Access   (Followers: 1)
Cliometrica     Hybrid Journal   (Followers: 1)
COEPTUM     Open Access  
Community Development Journal     Hybrid Journal   (Followers: 23)
Compensation & Benefits Review     Hybrid Journal   (Followers: 6)
Competition & Change     Hybrid Journal   (Followers: 10)
Competitive Intelligence Review     Hybrid Journal   (Followers: 2)
Competitiveness Review : An International Business Journal incorporating Journal of Global Competitiveness     Hybrid Journal   (Followers: 5)
Computational Economics     Hybrid Journal   (Followers: 9)
Computational Mathematics and Modeling     Hybrid Journal   (Followers: 8)
Computer Law & Security Report     Hybrid Journal   (Followers: 15)
Computers & Operations Research     Hybrid Journal   (Followers: 10)
Construction Innovation: Information, Process, Management     Hybrid Journal   (Followers: 14)
Contemporary Wales     Full-text available via subscription   (Followers: 3)
Contextus - Revista Contemporânea de Economia e Gestão     Open Access   (Followers: 1)
Contributions to Political Economy     Hybrid Journal   (Followers: 6)
Corporate Communications An International Journal     Hybrid Journal   (Followers: 4)
Corporate Philanthropy Report     Hybrid Journal   (Followers: 2)
Corporate Reputation Review     Hybrid Journal   (Followers: 5)
Creative and Knowledge Society     Open Access   (Followers: 10)
Creative Industries Journal     Hybrid Journal   (Followers: 8)
CRIS - Bulletin of the Centre for Research and Interdisciplinary Study     Open Access   (Followers: 1)
Crossing the Border : International Journal of Interdisciplinary Studies     Open Access   (Followers: 4)
Cuadernos de Administración (Universidad del Valle)     Open Access   (Followers: 1)
Cuadernos de Economía     Open Access   (Followers: 1)
Cuadernos de Economia - Latin American Journal of Economics     Open Access   (Followers: 1)
Cuadernos de Estudios Empresariales     Open Access   (Followers: 1)
Current Opinion in Creativity, Innovation and Entrepreneurship     Open Access   (Followers: 8)
De Economist     Hybrid Journal   (Followers: 12)
Decision Analysis     Full-text available via subscription   (Followers: 8)
Decision Sciences     Hybrid Journal   (Followers: 15)
Decision Support Systems     Hybrid Journal   (Followers: 15)
Defence and Peace Economics     Hybrid Journal   (Followers: 16)
der markt     Hybrid Journal   (Followers: 1)
Desenvolvimento em Questão     Open Access  

        1 2 3 4 5 6 | Last

Journal Cover Cambridge Journal of Economics
  [SJR: 0.957]   [H-I: 59]   [55 followers]  Follow
    
   Hybrid Journal Hybrid journal (It can contain Open Access articles)
   ISSN (Print) 0309-166X - ISSN (Online) 1464-3545
   Published by Oxford University Press Homepage  [368 journals]
  • The concept of need in Adam Smith
    • Authors: Yamamori T.
      Abstract: There is no room for the concept of need in the prevailing neoclassical school of economics. Not so, however, in classical political economy. Through close analysis in this paper, I wish to trace the concept’s prominence in Adam Smith’s thought and to fine-tune its definitional aspects. The thrust of Smith’s argument is to delineate the mechanism via which the needs of the poorest in society are satisfied. Grounded in an understanding of need as limited and exhaustive rather than infinite, like desire or preference, his theory is one of affluence rather than scarcity. But his justification of commercial society (from which the neoclassical school only lifts the conclusion) rests on becoming actually satisfied that these needs are, indeed, satisfied—an erroneous belief (at least according to the terms of Smith’s own definition) and an internal contradiction in the development of his argument, occasioned, I wish to suggest, by certain colonialist discourses. Finally, Smith’s ontology of need, as reconstructed here, corresponds to similar enquiries recently undertaken in philosophy and in some heterodox schools of economics.
      PubDate: 2016-10-18
       
  • A comment on Sraffa’s ‘classical economics’
    • Authors: Sinha A.
      Abstract: This paper tells the story of how Sraffa’s interpretation of classical economics, particularly Ricardo, closely follows the developments of his own theoretical project that culminated in his book, Production of Commodities by Means of Commodities, in 1960. It highlights some early movements in Sraffa’s position on classical economics and then a major shift in his position on Ricardo in the ‘Introduction’ to Ricardo’s Principles in 1951. It brings forward archival evidence to suggest that Sraffa’s new interpretation of Ricardo was perhaps influenced by his attempt to prove his ‘Hypothesis’ that the output/capital ratio of a given economic system remains constant with respect to changes in the rate of profits. This hypothesis as such, however, had nothing to do with Ricardo’s problem of the ‘invariable measure of value’. The paper concludes by pointing out that as early as 1927–28, Sraffa had set himself a task of constructing a homogenous understanding of classical economics in terms of modern terminology that would be helpful in understanding their scope from the point of view of his own theoretical project. Our story told here fits well with the task Sraffa had set himself at the beginning of his project.
      PubDate: 2016-09-22
       
  • Information, expectations and monetary policy: Keynes’s and Friedman’s
           complementary lessons for today
    • Authors: Rivot S.
      Abstract: This paper considers what lessons there might be for our contemporary ‘monetary consensus’ in Keynes’s and Friedman’s respective policy principles. I focus first on the expectations issue. For both Keynes and Friedman, monetary policy aims at the stabilisation of expectations; and in both cases, major issues arise for knowledge and uncertainty, although each conceives this in a different manner. Next I deal with the core of monetary policy principles: while Keynes’s approach is at odds with our modern strategy of inflation-targeting, Friedman would warn us that, even in this case, interest-rate manipulation might not be the appropriate approach. The analysis concludes with the issue of interest rate determination—the issue of intertemporal coordination and financial stability. Policy principles are always rooted in theoretical investigation: Keynes’s approach is based upon an analysis of intertemporal coordination failures, whereas Friedman’s policy schemes require that financial markets be made perfectly competitive.
      PubDate: 2016-09-07
       
  • The heterogeneity of animal spirits: a first taxonomy of entrepreneurs
           with regard to investment expectations
    • Authors: Lainé M.
      Abstract: Investment expectations are highly subjective, and subjectivity is, inherently, diverse. We propose an analytical taxonomy of entrepreneurs with regard to investment expectations—of how diverse animal spirits are. We draw on past research so as to outline the relevant independent classification variables. Motivations, skills, management styles and affective traits comprise our four groups of classification variables. Based on a field study using a sample of 289 entrepreneurs and performing two different cluster analyses, we find 11 stable groups of entrepreneurs. We portray them as ideal types à la Weber. There may be major and minor memberships. Our 11 groups are the neoclassical manager, the builder, the administrator, the paternalistic manager, the hero, the mogul, the prophet, the craftsman, the inventor, the gambler, and the explorer.
      PubDate: 2016-08-17
       
  • Adam Smith and William James on the psychological basis of progress
    • Authors: Glaze S.
      Abstract: This paper identifies extensive connections between Adam Smith’s and William James’s accounts of the psychological basis of intellectual, material and moral progress. These connections are brought into focus through discussion of their shared circumspection towards claims to objective truth, which highlights Smith’s distance from mainstream interpretations of his contributions to economics. The paper additionally argues that insight into the sustained emphases that Smith and James place upon the role of psychological satisfaction as a motivating factor in societal and personal progress can aid current efforts to draw upon their work and to reconcile the disciplines that they are widely credited with founding.
      PubDate: 2016-08-11
       
  • Transactions in the European carbon market: a bubble of compliance in a
           whirlpool of speculation
    • Authors: Berta N; Gautherat E, Gun O.
      Abstract: The European Union Emissions Trading Scheme (EU ETS) is supposed to help regulated installations to cover their CO2 emissions by trading in allowances. In practice, the EU ETS is mainly a financial market used for hedging and speculation. This financial feature is regarded as a solution (hedging and liquidity) to a problem (the price risk and volatility imposed on installations) which the market has actually created itself. This paper provides an estimation of the real underpinning of the scheme, i.e. the needs of installations for allowances transfers to achieve compliance in the two first exchange periods. This estimation, which was singularly lacking in the literature, shows that compliance transactions become more and more marginal as market activity grows, and they are drowned in a whirlpool of speculation. This challenges the role of the carbon price, whether it reveals a financial and self-referential evaluation rather than the installations’ marginal abatement costs, the condition of cost-effectiveness expected from carbon trading.
      PubDate: 2016-08-06
       
  • Facework: creating trust in systems, institutions and organisations
    • Authors: Kroeger F.
      Abstract: There is a dearth of concepts able to explain the genesis of trust in institutional systems such as organisations and wider expert systems, and its link to interpersonal trust. To this end, the present paper reconsiders and reinvigorates Giddens’s (1990) concept of ‘facework’. It reviews the use of the concept in the literature, finding considerable conceptual confusion, particularly in distinguishing between Giddens’s and Goffman’s (2003 [1955]) earlier conceptualisation. This is addressed through a formal definition of facework. The paper then develops the concept further, based on Giddens’s own structuration theory. It focuses particularly on two aspects, viz. the different dimensions and elements of facework, and the balance between institutionalised and agentic elements inherent in it. The paper concludes by summarising the implications this analysis has for broader conceptions of individuals ‘representing’ organisations and expert systems.
      PubDate: 2016-08-03
       
  • Understanding child labour beyond the standard economic assumption of
           monetary poverty
    • Authors: Krauss A.
      Abstract: Child labour is pervasive across sub-Saharan Africa. The common assumption is that monetary poverty is its most important cause. This paper investigates this hypothesis with empirical evidence by exploring structural, geographic, monetary, demographic, cultural, seasonal and school-supply factors simultaneously that can influence child labour. It is a first attempt in the literature to combine quantitative with qualitative methods to identify a broader range of potential factors—on the demand- and supply-side and at the micro and macro levels—for why children work in agrarian economies like Ghana. Interviews with the Minister of Education and with children enrich the multivariate regression results. The multiple sources of child labour appear to include, in particular, the structure of the economy, social norms and no returns to rural basic education. Policy responses are outlined especially on the demand side that are needed to help reduce harmful child labour that affects children’s education and later opportunities.
      PubDate: 2016-07-29
       
  • Who Trusts Others? Community and Individual Determinants of Social Capital
           in a Low-Income Country
    • Authors: Asadullah M.
      Abstract: This study presents new evidence on individual and community-specific determinants of social trust using data from 96 villages in Bangladesh. We find perceived institutional trust to be positively correlated with stated inter-personal trust. At the same time, there is significant social distance among various faith groups in our data: both Hindus and Muslims trust their coreligionists more than they trust those from other religions. Moreover, Hindus trust Christians, Buddhists and NGO workers more than Muslims, and are not distrustful of the wider society.Trust towards non-Muslims is negatively correlated with Islamic school attendance among Muslim respondents, while religiosity tends not to play any role. Compared to religion, the effects of institutional trust and local economic development are modest. These findings are robust to control for a range of individual- and community-level correlates, and enumerator fixed effects.
      PubDate: 2016-07-26
       
  • Sociability, altruism and well-being
    • Authors: Becchetti L; Corrado L, Conzo P.
      Abstract: We provide non-experimental evidence of the relevance of sociability to subjective well-being by investigating the determinants of life satisfaction on a sample of Europeans aged above 49. Departing from the neoclassical Homo economicus paradigm of human behaviour, we document that voluntary work, religious attendance, helping friends/neighbours and participation in community-related organisations affect life satisfaction positively and significantly. Moreover, different combinations between actions and motivations generate differential effects on life satisfaction, thereby providing support to the importance of these specific ‘contingent goods’ and to the literature of procedural utility. Our empirical findings are confirmed in robustness checks including refinements of the dependent variable, instrumental variables and sensitivity analysis on departures from the exogeneity assumption.
      PubDate: 2016-07-23
       
  • The impact of internationalization on innovation at countries’ level:
           the role of absorptive capacity
    • Authors: Filippetti A; Frenz M, Ietto-Gillies G.
      Abstract: This paper analyses the impact of internationalization on the innovation performance of 40 countries. Internationalization variables are represented by outward and inward foreign direct investment, and by imports and exports; innovation is proxied with triadic patent applications. We take account of the influence of absorptive capacity—in both a linear and non-linear form—in the relationship between internationalization and innovation. Our results suggest that outward FDI is positively associated with patenting. Countries with high absorptive capacity benefit more, though there are diminishing returns. We find there is a negative association between inward FDI and patenting in countries with low absorptive capacity where FDI may displace local infant activities and stun further development of related local knowledge. We find support for the view that the innovation performance of countries with low absorptive capacity benefits from imports as well as from exports.
      PubDate: 2016-07-15
       
  • Increasing returns to scale, technological catch-up and research
           intensity: endogenising the Verdoorn coefficient
    • Authors: Romero JP; Britto G.
      Abstract: This paper examines the importance of output growth and research intensity for productivity growth. Two hypotheses are tested. First, the paper investigates the impact of the two variables on productivity growth when simultaneously considered, assessing whether the basic Kaldorian and Schumpeterian models can be combined. Second, it examines whether research intensity impacts on the magnitude of returns to scale, assessing if countries with higher research intensity benefit from higher returns to scale. The tests reported in the paper provide strong evidence of the importance of demand growth for productivity growth, and on the existence of increasing returns to scale in manufacturing, while also recognizing the relevance of research intensity for productivity growth. Most importantly, the test results suggest that research intensity has a more relevant impact on the magnitude of returns to scale than on productivity growth directly.
      PubDate: 2016-07-07
       
  • Growth and inequality revisited: the role of primary distribution of
           income. A new approach for understanding today’s economic and social
           crises
    • Authors: Molero-Simarro R.
      Abstract: This paper presents an innovative interpretative scheme of the relationship between economic growth and income inequality, taking the primary distribution of income between profits and wages as the main explanatory variable. For that purpose, two lines of research are taken as a reference point: first, the Bhaduri-Marglin Model, which explains growth in terms of the effect that factor shares have on aggregate demand; and second, recent empirical analyses that also use the functional distribution to explain the evolution of the top income shares and the Gini index. After reviewing the literature on the growth-inequality relationship, the paper identifies several relationships between primary and interpersonal distributions of income in each of the Bhaduri-Marglin Model’s growth regimes. It finds multiple causal relationships between growth and inequality as well as inequality and growth, clarifying their implications for economic and social stability. The paper offers final reflections on the way the scheme can further the understanding of current economic and social crises.
      PubDate: 2016-06-24
       
 
 
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