We show that the impact of capital goods imports and FDI inflows on economic convergence depends on the local capacity of emerging economies to absorb superior technologies.

We hypothesise that North–South trade is associated with knowledge spillovers that create labour productivity gains depending on various aspects of Southern absorptive capacity. We use the novel World…

We examine the academe–industry wage gap. Once self- selection and different personal characteristics of academic and industrial scientists have been taken into account the wage gap narrows from 28 to 13 %.…