The European Journal of Comparative Economics

Articles from Vol. 7, No. 1, June

Angus Maddison's Mission to Understand the World and Its History through Numbers
In his fascinating concise autobiography (2) Angus Maddison defined himself as a "chiffrophile", a person seeking knowledge through the hard facts provided by statistical data. He was perfectly conscious that data are only very rough estimates of reality,...
Assessing the Sustainability of Credit Growth: The Case of Central and Eastern European Countries
1. Introduction Credit booms are generally identified as a key factor behind financial crises, in particular in the emerging countries, as they tend to fuel excessive demand, inflationary pressures and speculative asset price bubbles. In this view,...
Do Gender Quotas Influence Women's Representation and Policies?
1. Introduction An increasing number of countries are currently introducing various types of gender quotas in public elections to reach a gender balance in political institutions. Most developing countries introduced electoral gender quotas during...
Domestic Multinationals and Foreign-Owned Firms in Italy: Evidence from Quantile Regression
1. Introduction and Literature Background Several studies based on firm or plant level data have documented the growing importance of firm heterogeneity. The pioneering works in this area focus on comparison between exporters and non-exporters (Bernard...
From Spectator to Walk-On to Actor: An Exploratory Study of the Internationalisation of Greek Firms since 1989
1. Introduction It has been nearly two decades since the collapse of the state-socialist regimes of Central and Eastern Europe (CEE); a series of events that inadvertently changed not only the countries directly involved, but also the whole Continent....
Intellectual Property as Property Rights: Lessons from Property Rights Dynamics
1. Introduction Property Rights Dynamics is a collection of essays edited by Donatella Porrini and Giovanni Ramello on various topics in property rights theories from notable scholars of the field. The chapters are grouped into three parts. Part...
On the Road to Euro: How Synchronized Is Estonia with the Euro Zone?
1. Introduction In 1992, shortly after regaining independence from the Soviet Union, Estonia left the ruble zone and established its own currency (Kroon), which helped gather support for difficult reforms associated with the transition to a market...
Real Convergence in the CEECs, Euro Area Accession and the Role of Romania
1. Introduction The paper has an empirical focus, namely to measure the state of regional convergence of the ten new EU member states (EU10) stemming from the former Communist regime, i.e. Bulgaria, the Czech Republic, Estonia, Latvia, Lithuania,...
Real Convergence in the New Member States of the European Union (Shorter and Longer Term Prospects)
1. Real and nominal convergence 1.1. New challenges of convergence during the crisis The potential advantages of adopting the euro are of great importance for new Member States (NMSs). Euro adoption can contribute positively to long term growth...
The Trade Specialization of SANE: Evidence from Manufacturing Industries
1. Introduction Africa is a continent of 53 countries, with a vast area of nearly 30 millions square kilometres and is the second most populated region in the world with about 930 million inhabitants. Within this region, the four biggest economies,...