In this paper, the authors evaluate the R&D enhancing effects of two large public grant schemes aiming at encouraging the performance of firms organized in clusters. These are Germany's well known BioRegio and BioProfile contests for which they compare the research performance of winning regions in contrast with non-winning and ...Download Now
The paper explores the quarterly sequence of business cycles in Iceland for 40 years between 1970 and 2009 using the business cycle technique of Leamer (2009). The authors apply first a Turning Point (TP) dating identification procedure based on the Hendrick-Prescott (HP) filter of the quarterly growth rates of GDP ...Download Now
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