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Medium-Term Economic Growth In The Caribbean, Frederic L. Pryor Sep 2010

Medium-Term Economic Growth In The Caribbean, Frederic L. Pryor

Economics Faculty Works

This study compares the GDP growth rates of twenty-two Caribbean countries and territories between 1980 and 2007. It shows that a simple model with one economic, two environmental and two political variables provides relatively good predictions of per capita GDP growth for the period. Other historical factors, that some have used to explain differential growth rates in the Caribbean, do not seem to play an important role. Este estudio compara el ritmo de crecimiento del PIB en veintidós países y territorios caribeños entre 1980 y 2007. El mismo muestra que un simple modelo con una variable económica, dos variables medioambientales …


Protected Areas Reduced Poverty In Costa Rica And Thailand, Kwaw S. Andam, Paul J. Ferraro, Katharine R. E. Sims, Andrew Healy, Margaret B. Holland Jun 2010

Protected Areas Reduced Poverty In Costa Rica And Thailand, Kwaw S. Andam, Paul J. Ferraro, Katharine R. E. Sims, Andrew Healy, Margaret B. Holland

Economics Faculty Works

As global efforts to protect ecosystems expand, the socioeconomic impact of protected areas on neighboring human communities continues to be a source of intense debate. The debate persists because previous studies do not directly measure socioeconomic outcomes and do not use appropriate comparison groups to account for potential confounders. We illustrate an approach using comprehensive national datasets and quasi-experimental matching methods. We estimate impacts of protected area systems on poverty in Costa Rica and Thailand and find that although communities near protected areas are indeed substantially poorer than national averages, an analysis based on comparison with appropriate controls does not …


Mixed Feelings: Theories Of And Evidence On Giving, James Konow Apr 2010

Mixed Feelings: Theories Of And Evidence On Giving, James Konow

Economics Faculty Works

This paper examines possible motives and institutional factors that impact giving. Specifically, I consider alternative theories parallel to dictator experiments that generate evidence on both allocation decisions and their effect on feelings. A number of new empirical findings as well as new interpretations for previously reported findings result. A novel test distinguishes warm glow from impure altruism and rules out the former as the sole motive for giving. Very generous donations to charities that aid the needy (with modal gifts of the entire dictator’s stakes) cannot be attributed to familiarity with the charities. A charity that offers a matching grant …


The Public Option: Government-Provided Off-Street Parking In Downtown Philadelphia, John P. Caskey Apr 2010

The Public Option: Government-Provided Off-Street Parking In Downtown Philadelphia, John P. Caskey

Economics Faculty Works

No abstract provided.


Inheritance And Inequality Of Wealth: A Comment, Frederic L. Pryor Feb 2010

Inheritance And Inequality Of Wealth: A Comment, Frederic L. Pryor

Economics Faculty Works

No abstract provided.


Building A Kenyan Monetary Regime For The Twenty-First Century, C. S. Adam, B. O. Maturu, N. S. Ndung’U, Stephen A. O'Connell Jan 2010

Building A Kenyan Monetary Regime For The Twenty-First Century, C. S. Adam, B. O. Maturu, N. S. Ndung’U, Stephen A. O'Connell

Economics Faculty Works

No abstract provided.


Capitalism Reassessed, Frederic L. Pryor Jan 2010

Capitalism Reassessed, Frederic L. Pryor

Economics Faculty Works

No abstract provided.


Inequality Aversion And Efficiency With Ordinal And Cardinal Social Preferences – An Experimental Study, Dorothea K. Herreiner, Clemens Puppe Jan 2010

Inequality Aversion And Efficiency With Ordinal And Cardinal Social Preferences – An Experimental Study, Dorothea K. Herreiner, Clemens Puppe

Economics Faculty Works

In this paper, we report on a series of free-form bargaining experiments in
which two players have to distribute four indivisible goods among themselves. In one treatment, players are informed about the monetary payoffs associated with each bundle of goods; in a second treatment only the ordinal ranking of the bundles is given. We find that in both cases, inequality aversion plays a prominent role. In the ordinal treatment, individuals apparently use the ranks in the respective preference orderings over bundles of goods as a substitute for the unknown monetary value. Allocations that distribute the value (money or ranks, respectively) …


Capital Mobility, Monetary Policy, And Exchange Rate Management In Kenya, Stephen A. O'Connell, B. O. Maturu, F. M. Mwega, N. S. Ndung'u, R. W. Ngugi Jan 2010

Capital Mobility, Monetary Policy, And Exchange Rate Management In Kenya, Stephen A. O'Connell, B. O. Maturu, F. M. Mwega, N. S. Ndung'u, R. W. Ngugi

Economics Faculty Works

No abstract provided.