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2013

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Economics

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Articles 1 - 30 of 307

Full-Text Articles in Social and Behavioral Sciences

A Multivariate Analysis Of The Causal Flow Between Renewable Energy Consumption And Gdp In Tunisia, Maamar Sebri, Ousama Ben Salha Dec 2013

A Multivariate Analysis Of The Causal Flow Between Renewable Energy Consumption And Gdp In Tunisia, Maamar Sebri, Ousama Ben Salha

Maamar Sebri

No abstract provided.


Khodorkovsky & La Génesis De Los Mercados En Rusia, Víctor Pavón-Villamayor Dec 2013

Khodorkovsky & La Génesis De Los Mercados En Rusia, Víctor Pavón-Villamayor

Víctor Pavón-Villamayor

No abstract provided.


Preponderancia: Telcel & Televisa, Víctor Pavón-Villamayor Dec 2013

Preponderancia: Telcel & Televisa, Víctor Pavón-Villamayor

Víctor Pavón-Villamayor

No abstract provided.


The National Longitudinal Survey Of Public Health Systems: Selected Findings And Applications For Monitoring The Affordable Care Act, Glen P. Mays Dec 2013

The National Longitudinal Survey Of Public Health Systems: Selected Findings And Applications For Monitoring The Affordable Care Act, Glen P. Mays

Glen Mays

This presentation reviews the National Longitudinal Survey of Public Health Systems and its applicability for monitoring the effects of the Affordable Care Act on public health delivery within the U.S.


Good Practices In Standard Setting For Domestic Worker Contracts, Piyasiri Wickramasekara Dec 2013

Good Practices In Standard Setting For Domestic Worker Contracts, Piyasiri Wickramasekara

PIYASIRI WICKRAMASEKARA

The presentation discusses international good practices in model or standard employment contracts in protection of migrant domestic workers. International instruments negotiated by ILO and UN constituents are the best sources of good practices. It outlines the provisions in international instruments, particularly the ILO Convention on Domestic Workers, 2011 (No. 189). The author maintains that for maximum effectiveness, the model/standard contracts should be mutually recognized by countries of origin and destination, and duly enforced to ensure compliance by employers, and supplemented by other measures. The author concludes that there is a large unfinished agenda in ensuring decent work for domestic workers.


Declining Labour Use In Agriculture : A Case Of Rice Cultivation In Andhra Pradesh, Narasimha Reddy Duvvuri, Venkatanarayana Motkuri Dec 2013

Declining Labour Use In Agriculture : A Case Of Rice Cultivation In Andhra Pradesh, Narasimha Reddy Duvvuri, Venkatanarayana Motkuri

Venkatanarayana Motkuri Mr.

The present paper examines the changing nature of labour use in rice cultivation in Andhra Pradesh. Rice production in India is, however, concentrated in a few pockets. A few states in India produce around two thirds of rice production. Andhra Pradesh is the third largest state in India with respect to rice production. In Andhra Pradesh too, rice is the single largest crops occupying around 30% of area cultivated. The state was one of frontrunners leading the Green Revolution, particularly in rice cultivation.

The study observed that there is a fast decline in labour use in respect of rice cultivation …


On The Causal Dynamics Between Economic Growth, Renewable Energy Consumption, Co2 Emissions And Trade Openness: Fresh Evidence From Brics Countries, Maamar Sebri Dec 2013

On The Causal Dynamics Between Economic Growth, Renewable Energy Consumption, Co2 Emissions And Trade Openness: Fresh Evidence From Brics Countries, Maamar Sebri

Maamar Sebri

The current study investigates the causal relationship between economic growth and renewable energy consumption in the BRICS countries over the period 1971–2010 within a multivariate framework. The ARDL bounds testing approach to cointegration and vector error correction model (VECM) are used to examine the long-run and causal relationships between economic growth, renewable energy consumption, trade openness and carbon dioxide emissions. Empirical evidence shows that, based on the ARDL estimates, there exist long-run equilibrium relationships among the competing variables. Regarding the VECM results, bi-directional Granger causality exists between economic growth and renewable energy consumption, suggesting the feedback hypothesis, which can explain …


When Good Bankers Go Bad: Is Moral Hazard Evolutionarily Stable?, Atin Basuchoudhary, Troy Siemers, Sam Allen Dec 2013

When Good Bankers Go Bad: Is Moral Hazard Evolutionarily Stable?, Atin Basuchoudhary, Troy Siemers, Sam Allen

Atin Basu Choudhary

We apply existing theory as a preliminary analysis of whether efficient contracts can evolve naturally. Any banker could belong to one of two cultures – patient and impatient. We suggest that the interaction of patient bankers with other patient bankers is a critical element in the success of efficient contracts while the interaction of impatient bankers with other impatient bankers leads to the spread of moral hazard in the banking system. We show that the success (or failure) of efficient contracts depends on the initial proportion of bankers who are part of the patient culture. We further show that regulatory …


Women's Inheritance Rights And Intergenerational Transmission Of Resources In India, Klaus Deininger, Aparajita Goyal, Hari Nagarajan Dec 2013

Women's Inheritance Rights And Intergenerational Transmission Of Resources In India, Klaus Deininger, Aparajita Goyal, Hari Nagarajan

Aparajita Goyal

We use inheritance patterns over three generations of individuals to assess the impact of changes in the Hindu Succession Act that grant daughters equal coparcenary birth rights in joint family property that were denied to daughters in the past. We show that the amendment significantly increased daughters’ likelihood to inherit land, but that even after the amendment, substantial bias persists. Our results also indicate a robust increase in educational attainment of daughters, suggesting an alternative channel of wealth transfer.


A Multivariate Analysis Of The Causal Flow Between Renewable Energy Consumption And Gdp In Tunisia, Ousama Ben Salha, Maamar Sebri Dec 2013

A Multivariate Analysis Of The Causal Flow Between Renewable Energy Consumption And Gdp In Tunisia, Ousama Ben Salha, Maamar Sebri

Ousama Ben Salha

This paper examines the causality linkages between economic growth, renewable energy consumption, CO2 emissions and domestic investment in Tunisia between 1971 and 2010. Using the ARDL bounds testing approach to cointegration, long-run relationships between the variables are identified. The Granger causality analysis, on the other hand, indicates that there is bi-directional causality between renewable energy consumption and economic growth, which supports the feedback hypothesis in Tunisia. In addition, the quantity of CO2 emissions collapses as a reaction to an increase in renewable energy consumption. These findings remain robust even when controlling for the presence of structural break. We conclude that …


On The Causal Dynamics Between Economic Growth, Renewable Energy Consumption, Co2 Emissions And Trade Openness: Fresh Evidence From Brics Countries, Maamar Sebri, Ousama Ben Salha Dec 2013

On The Causal Dynamics Between Economic Growth, Renewable Energy Consumption, Co2 Emissions And Trade Openness: Fresh Evidence From Brics Countries, Maamar Sebri, Ousama Ben Salha

Ousama Ben Salha

The current study investigates the causal relationship between economic growth and renewable energy consumption in the BRICS countries over the period 1971-2010 within a multivariate framework. The ARDL bounds testing approach to cointegration and vector error correction model (VECM) are used to examine the long-run and causal relationships between economic growth, renewable energy consumption, trade openness and carbon dioxide emissions. Empirical evidence shows that, based on the ARDL estimates, there exist long-run equilibrium relationships among the competing variables. Regarding the VECM results, bi-directional Granger causality exists between economic growth and renewable energy consumption, suggesting the feedback hypothesis, which can explain …


Supplementary Material To "Age Effects, Unobserved Characteristics And Hedonic Price Indexes: The Spanish Car Market In The 1990'S", Xosé-Luís Varela-Irimia Dec 2013

Supplementary Material To "Age Effects, Unobserved Characteristics And Hedonic Price Indexes: The Spanish Car Market In The 1990'S", Xosé-Luís Varela-Irimia

Xosé-Luís Varela-Irimia

This supplement presents all the results of the paper "Age effects, unobserved characteristics and hedonic price indexes: The Spanish car market in the 1990's".


Government Spending Effects: Synopsis, Riccardo Fiorito Dec 2013

Government Spending Effects: Synopsis, Riccardo Fiorito

riccardo fiorito

An updated, schematic, survey on government spending effects in the macroeconomic literature


Some New Evidence On The Determinants Of Money Demand In Developing Countries – A Case Study Of Tunisia, Ousama Ben Salha, Zied Jaidi Nov 2013

Some New Evidence On The Determinants Of Money Demand In Developing Countries – A Case Study Of Tunisia, Ousama Ben Salha, Zied Jaidi

Ousama Ben Salha

The present paper aims at examining the money demand function in Tunisia during the period 1981-2011. Unlike previous conventional money demand studies, the major components of real income are considered in this paper. Using the ARDL bounds testing approach, results reveal evidence of cointegration between broad money demand and its determinants, namely final consumption expenditure, expenditure on investment goods, export expenditure and interest rate. In the long-run, final consumption expenditure represents the major money demand determinant. This finding is robust to a variety of alternative money demand specifications and estimation methods. The empirical investigation suggests also the stability of the …


Must-Carry En Tv Satelital, Víctor Pavón-Villamayor Nov 2013

Must-Carry En Tv Satelital, Víctor Pavón-Villamayor

Víctor Pavón-Villamayor

No abstract provided.


Estimating The Costs Of Public Health Services: Progress On The Institute Of Medicine Recommendations, Glen P. Mays Nov 2013

Estimating The Costs Of Public Health Services: Progress On The Institute Of Medicine Recommendations, Glen P. Mays

Glen Mays

The National Academy of Sciences Institute of Medicine recommended in 2012 that the federal government undertake work to identify the components and costs of a "minimum package" of public health programs, services, and capabilities that should be available in every American community. This presentation summarizes work that is currently underway through the Robert Wood Johnson Foundation-supported Public Health Practice-Based Research Networks (PBRN) Program to estimate the costs of public health delivery.


What Do We Worry About When We Worry About Price Discrimination? The Law And Ethics Of Using Personal Information For Pricing, Akiva A. Miller Nov 2013

What Do We Worry About When We Worry About Price Discrimination? The Law And Ethics Of Using Personal Information For Pricing, Akiva A. Miller

Akiva A Miller

New information technologies have dramatically increased sellers’ ability to engage in retail price discrimination. Debates over using personal information for price discrimination frequently treat it as a single problem, and are not sufficiently sensitive to the variety of price discrimination practices, the different kinds of information they require in order to succeed, and the different ethical concerns they raise. This paper explores the ethical and legal debate over regulating price discrimination facilitated by consumers’ personal information. Various kinds of “privacy remedies”—self-regulation, technological fixes, state regulation, and legislating private causes of legal action—each have their place. By drawing distinctions between various …


A Priceless Review, David Thomas Nov 2013

A Priceless Review, David Thomas

David Chandler Thomas, PhD

The book, Priceless, is chock full of ideas, many of which are undoubtedly useful. The style is readable, with enough anecdotes to keep the reader’s interest. Unfortunately, the book is almost as confusing as the health-care system. There are too many moving parts, too many clever ideas, and not enough high level insights into how to cut the Gordian health-care knot. As hard as it is to make changes in the U.S. health-care system, it is unlikely the author’s suggestions will find a listening ear.


Immigration And African American Wages And Employment: Critically Appraising The Empirical Evidence, Patrick Leon Mason Nov 2013

Immigration And African American Wages And Employment: Critically Appraising The Empirical Evidence, Patrick Leon Mason

Patrick L. Mason

This paper critically assesses the empirical evidence on the relationship between immigration and African American employment. Studies using various methodologies and data are reviewed: natural experiments, time series, and cross-sectional studies of local labor markets and intertemporal changes in the national labor market. We find that for African Americans as a whole, immigration may have little effect on mean wages and probability of employment. However, there is some evidence that immigration may have had an adverse impact on the labor market outcomes of African Americans belonging to low education-experience groups. However, even this modest conclusion must be qualified: the literature …


Estimating The Cost Of Vacancy And Tenancy In Rent Controlled San Francisco, Tod D. Holland Nov 2013

Estimating The Cost Of Vacancy And Tenancy In Rent Controlled San Francisco, Tod D. Holland

Tod D Holland

Rent control is a property restriction that prevents homeowners from putting their property to its most productive use. Strict rent control policies protect current tenants at the cost of reduced surplus from home buyers, sellers, renters and landlords. Because homebuyers must relinquish certain rental and constructive property rights, the listing price reflects increased ownership/transaction costs. By comparing vacant and occupied San Francisco units’ impact on listing price, a relationship between list price and the costs associated with a tenant-occupied unit. The Kaldor-Hicks Optimality Criteria requires efficient policies to generate a net societal benefit, even if one group benefits as many …


Tribunales Especializados En México, Víctor Pavón-Villamayor Nov 2013

Tribunales Especializados En México, Víctor Pavón-Villamayor

Víctor Pavón-Villamayor

No abstract provided.


Changing Revealed Comparative Advantage Of Textile And Clothing Sector Of Pakistan: Pre And Post Quota Analysis, Nawaz Ahmad Nov 2013

Changing Revealed Comparative Advantage Of Textile And Clothing Sector Of Pakistan: Pre And Post Quota Analysis, Nawaz Ahmad

Nawaz Ahmad

Many Asian countries have been beneficiaries of quota abolition for textile and clothing sector since 2005. After the implementation of the Agreement on Textile and Clothing (ATC) in December 2004, member countries of World Trade Organization (WTO) have quota-free trade except People’s Republic of China (PRC). It was expected that Pakistan will be beneficiaries in textile and clothing due to expected superior export performance in this sector. Therefore, this study aims estimating revealed comparative advantage (RCA) of textile and clothing sector of Pakistan at HS-2digit level and SITC-3 digit level. It reveals Pakistan has comparative advantage in textile sector and …


New Health Delivery Networks: Merging Public Health And Health Care Systems, Glen P. Mays Nov 2013

New Health Delivery Networks: Merging Public Health And Health Care Systems, Glen P. Mays

Glen Mays

Incomplete coordination between medical care and public health delivery systems can result in significant missed opportunities for improving population health and constraining overall resource use. This lecture uses insight from the field of public health services and systems research (PHSSR) to examine: (1) why medical care and public health systems often fail to connect; (2) what are the potential health and economic consequences of these failures; and (3) what are the opportunities for connecting medical care and public health delivery to improve population health.


Who Benefits From Public Health Spending And How Long Does It Take: Estimating Community-Specific Spending Effects, Glen Mays Nov 2013

Who Benefits From Public Health Spending And How Long Does It Take: Estimating Community-Specific Spending Effects, Glen Mays

Glen Mays

Objectives: Spending on public health and prevention strategies varies widely across states and communities. The Patient Protection and Affordable Care Act of 2010 (ACA) authorized the largest expansion in federal public health spending in decades, with the goals of improving population health and helping to moderate growth in medical care spending. To produce evidence needed to inform these investments, this study (1) estimates the effects of public health spending patterns within communities on preventable mortality and subsequent medical care spending; and (2) uses the methods of local instrumental variables developed by Heckman and Vytlacil and Basu to estimate how the …


Recessions, Risks, And Reforms: Changes In Interorganizational Efforts To Improve Public Health, Glen Mays Nov 2013

Recessions, Risks, And Reforms: Changes In Interorganizational Efforts To Improve Public Health, Glen Mays

Glen Mays

Research Objective: The Affordable Care Act created new incentives for hospitals, insurers, employers, public health agencies, and others to contribute to activities designed to promote health and prevent disease an injury. At the same time, the economic recession has constrained government and private sector spending on health and health care, necessitating changes in the scope and scale of public health delivery. This study uses data from the 1998-2012 National Longitudinal Survey of Public Health Systems to examine: (1) the extent and nature of change in inter-organizational contributions to public health activities, with a focus on hospitals, insurers, employers, and primary …


La Patentes Como Límite A La Innovación Tecnológica, Alejandro Pérez Y Soto Dominguez, Katherine Flórez Pinilla Nov 2013

La Patentes Como Límite A La Innovación Tecnológica, Alejandro Pérez Y Soto Dominguez, Katherine Flórez Pinilla

Alejandro Pérez y Soto Dominguez

El presente artículo analiza, desde el marco de la Escuela Austriaca, la propiedad intelectual reflejada en las patentes, entendidas como un mecanismo del legislador para incentivar una conducta empresarial que propenda por la innovación y el desarrollo tecnológico. Se tomó como caso las patentes en el sector farmacéutico, obteniendo a partir de éste evidencia empírica la corroboración de las hipótesis de la escuela, por medio de un análisis teórico a la luz de los problemas identificados alrededor de la patente, tales como: discriminación de precios, investigación parcializada en ciertas enfermedades, poder de mercado ilimitado, barreras al desarrollo tecnológico nacional, altos …


Strategic Default In Joint Liability Groups: Evidence From A Natural Experiment In India, Xavier Gine, Karuna Krishnaswamy, Alejandro Ponce Nov 2013

Strategic Default In Joint Liability Groups: Evidence From A Natural Experiment In India, Xavier Gine, Karuna Krishnaswamy, Alejandro Ponce

Alejandro Ponce

Despite the high repayment rates claimed by microcredit programs around the world, some groups of borrowers eventually default and are subsequently disbanded. Exposure to common shocks and strategic default are reasons for the deterioration in group repayment but identification of the precise mechanism is difficult. In this paper we exploit an announcement issued by the Anjuman Committee of a town in southern India banning all Muslims from repaying their microfinance loans. Using administrative data we find that borrowers in Muslim-dominated groups have higher default rates after the announcement compared to the same borrowers with loans in Hindu-dominated groups. We conclude …


Long-Term Environmental Problems And Strategic Intergenerational Transfers, Timo Goeschl, Daniel Heyen, Juan B. Moreno-Cruz Nov 2013

Long-Term Environmental Problems And Strategic Intergenerational Transfers, Timo Goeschl, Daniel Heyen, Juan B. Moreno-Cruz

Juan B. Moreno-Cruz

The impacts of long-lived stock pollutants and the measures supposed to address them link current and future generations. Altruism towards successor generations is a prerequisite for resolving the resulting inter-generational equity issues. Preference asymmetry and imperfect altruism introduce strategic conflicts between generations. Here, a current generation decides on a combination of abatement and whether to provide an imperfect backstop. The future generation decides whether to use the backstop or not. We identify three outcomes: (1) Technology denial, in which the current generation deliberately rejects the imperfect backstop to avoid misuse by the future generation. (2) Under-abatement, in which the current …


Crecimiento Económico. Entre La Falacia Del Cristal Roto Y La Eficiencia De Largo Plazo, Francisco Carlos Ruiz Diaz Nov 2013

Crecimiento Económico. Entre La Falacia Del Cristal Roto Y La Eficiencia De Largo Plazo, Francisco Carlos Ruiz Diaz

Francisco Carlos Ruiz Diaz

La producción de bienes y servicios en el Paraguay creció a un promedio de 4.5% en los últimos años, cifra auspiciosa que permite suponer que el país ha logrado encaminar su economía hacia el desarrollo; pero también surgen preguntas como la siguiente: ¿Por qué el país sigue siendo pobre a pesar de haber crecido mucho? El objetivo del presente artículo es ensayar una respuesta a esa pregunta. Para dejar de ser pobres no solo basta con crecer unos cuantos años. Hay que crecer de manera continua. Es crucial entender la diferencia entre crecer a tasas altas por “unos cuantos años” …


Patentes Como Límite A La Innovación Tecnológica, Katherine Florez Pinilla, Alejandro Perez Y Soto Domínguez Nov 2013

Patentes Como Límite A La Innovación Tecnológica, Katherine Florez Pinilla, Alejandro Perez Y Soto Domínguez

KATHERINE FLOREZ PINILLA

El presente artículo pretende analizar, desde el marco de la Escuela Austriaca, la propiedad intelectual reflejada en las patentes, entendidas como un mecanismo del legislador para incentivar una conducta empresarial que propenda por la innovación y el desarrollo tecnológico. Se tomó como caso las patentes en el sector farmacéutico, obteniendo a partir de éste evidencia empírica la corroboración de las hipótesis de la escuela, por medio de un análisis teórico a la luz de los problemas identificados alrededor de la patente, tales como: discriminación de precios, investigación parcializada en ciertas enfermedades, poder de mercado ilimitado, barreras al desarrollo tecnológico nacional, …