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The paper investigates the innovation process in the Hungarian agri-food sector using the concept of open innovation. The empirical analysis is based on the data from a 2011 survey of more than 200 sm...
Development must be conceived of as a multidimensional process involving major changes in social structures, popular attitudes and national institutions, as well as the acceleration of economic growth...
The IFRS adoption has improved the quality of accounting information significantly. However, huge costs are incurred by all subjects involved. The process has considerable consequences for tax systems...
We would like to thank Bart van Ark, Harry Wu, Nancy Humphrey, and Mark Dutz, as well as the participants in the 2011 NBER Summer Institute workshop, a 2012 workshop of The Conference Board, and a 2...
We study the spatial allocation of expenditures in the American Recovery and Reinvestment Act (ARRA), one of the largest discretionary funding bills in the history of the United States. Contrary to...
Whether and how Occupy Wall Street (OWS) persists are wide open questions. Nonetheless, it has given the income distribution its “moment in the sun.” In a lip comment in 2008, I suggested to a L...
We live in an era of rapid, almost dizzying, innovation in products and processes. These innovations have improved consumer welfare through the introduction of new goods and services, improvements...
Persistent deficits, implying secular growth of debt, have led many to argue that fiscal rules may play an important role in helping reduce or eliminate deficits and help control the growth of governm...
The relation between IMF conditionality and country ownership of assistance programs is considered from a political economy perspective, focusing on the question of why conditionality is needed if it ...
To investigate how fuel economy is valued in the Indian car market, we compute the cost to Indian consumers of purchasing a more fuel-efficient vehicle and compare it to the benefit of lower fuel cos...
In developing countries, health care is often publicly provided and subsidized by the government. This is sometimes used as an instrument to redistribute income and to assure that the poor receive a...
In a recent paper,3 Professors Stein and Nagatani (SN) have examined monetary stabilization policies in a full employment nonlinear monetary growth model. Specifically, they try to give a "rigorous ...
Macroeconomic Tradeoffs in an International Economy with Rational Expectations.
Pressure for convergence of family laws appears to be intensifying. An impetus for greater uniformity in this sphere is apparent as part of the general project of European unification. The Council of ...
Jorgenson-Stiroh, and Martin Baily himself at the Council of Economic Advisers. The survey demonstrates clearly that the resurgence in productivity growth since 1996 was due, to a large extent, to ...

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