Journal of Economic Studies: Volume 48 Issue 2

The impact of institutional proximity, cognitive proximity and agglomeration economies on firm-level productivity

Lisa Noonan, Eoin O'Leary, Justin Doran

This paper analyses the impact of institutional proximity, cognitive proximity and geographical proximity (in the form of agglomeration economies) on the firm-level productivity…

Macroeconomic shocks and credit risk stress testing the Iranian banking sector

Fatemeh Abdolshah, Saeed Moshiri, Andrew Worthington

The Iranian banking industry has been greatly affected by dramatic changes in macroeconomic conditions over the past several decades owing to volatile oil revenues, changing…

European intellectual property institutions and Chinese foreign direct investment

Constantinos Alexiou, Sofoklis Vogiazas

We investigate the impact of the strength of intellectual property (IP) institutions on Chinese outward foreign direct investment (OFDI).

Company performance and optimal capital structure: evidence of transition economy (Russia)

Vladislav Spitsin, Darko Vukovic, Sergey Anokhin, Lubov Spitsina

The paper analyzes the effects of the capital structure on company performance (return on assets). The analysis is conducted in a large sample of high-tech manufacturing and…

Trade and commodity taxes as environmental instruments in an open economy

Onur A. Koska, Frank Stähler, Onur Yeni

In a simple reciprocal dumping model of trade, this study scrutinizes the strategic role of trade and commodity taxes as environmental instruments when consumption of an imported…

Market frictions and the geographical location of global stock exchanges. Evidence from the S&P Global Index

Andros Gregoriou, Robert Hudson

We examine the impact of market frictions in the form of trading costs on investor average holding periods for stocks in the S&P global 1200 index to examine constraints on…

On the performance of US fiscal forecasts: government vs. private information

Zidong An, Joao Tovar Jalles

This paper contributes to shed light on the quality and performance of US fiscal forecasts.

Should we increase average income, or the poor’s income to reduce infant and child mortality?

Johan Rewilak

This article examines whether increasing the income of the poor – measured as the income of the lowest quintile – is more beneficial in reducing infant and child mortality rates…

Economic policy uncertainty, R&D expenditures and innovation outputs

Reza Tajaddini, Hassan F. Gholipour

The purpose of this study is to examine the relationship between the news-based economic policy uncertainty (EPU), research and development (R&D) expenditures per capita and…

Exploring new Internet measurements on international trade and global human resources

Tina T. Swan, Bruce Q. Swan, Zuopeng (Justin) Zhang

We address the question of how the Internet promotes international trade volume, and especially, whether the global human resources affect the bilateral international trade during…

Overeducation, persistence and unemployment in Spanish labour market

Nuria Sánchez-Sánchez, Adolfo Cosme Fernández Puente

The phenomenon of overeducation and the magnitude and persistence of the imbalance impact are analysed for the Spanish labour market from 2006 to 2013.

Do fiscal shocks explain bond yield in high- and low-debt economies?

Nicholas Apergis, Mobeen Ur Rehman, Arusha Cooray

The purpose of this study is to investigate how the uncertainty associated with fiscal policy, i.e. government expenditure and tax revenues, can affect the interest rates in a…