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Articles 1 - 11 of 11
Full-Text Articles in Other Economics
Freakonomics: Steven Levitt, Alfredo Bateman
Teaching Ecological And Feminist Economics In The Principles Course, Julie A. Nelson
Teaching Ecological And Feminist Economics In The Principles Course, Julie A. Nelson
Julie A. Nelson
It can be difficult to incorporate ecological and feminist concerns into introductory courses, when one is also obliged to teach neoclassical analysis. In this essay we briefly describe how one might extend existing “multi-paradigmatic” approaches to feminist and ecological concerns, and then present an new alternative approach that may be more suitable for some students. This “broader questions and bigger toolbox” approach can be applied in both microeconomics and macroeconomics introductory classrooms.
Do Fiscal Responsibility Laws Matter? Evidence From Emerging Markets Suggests Not, John Thornton
Do Fiscal Responsibility Laws Matter? Evidence From Emerging Markets Suggests Not, John Thornton
John Thornton
This paper asks whether the adoption of fiscal responsibility laws (FRLs) has improved fiscal performance in nine emerging market economies, as measured by developments in their key fiscal balances. Examining these economies alone, their fiscal performance improved on average between the period before FLRs were adopted and the period after they were adopted. However, emerging market economies that did not adopt FLRs also experienced improvements in their fiscal performance around the same time. The finding suggests that the better fiscal performance in the nine emerging market economies resulted from something other than the adoption of FLRs.
The Sustainability Of South African Fiscal Policy: An Historical Perspective, John Thornton, Lusine Lusinyan
The Sustainability Of South African Fiscal Policy: An Historical Perspective, John Thornton, Lusine Lusinyan
John Thornton
This article examines the issue of long-term fiscal sustainability in South Africa by applying a battery of recently developed unit root and cointegration tests to real revenue and spending data the period 1895 to 2005. The results provide evidence that, allowing for structural breaks, South African revenue and spending during this period were I(1) series and cointegrated, with the estimated long-run equilibrium relation supporting the presence of a weak deficit sustainability condition.
La Enseñanza De La Economía, Alfredo Bateman
The Role Of Cultural Attributes In Inequality And Poverty, Leon Zolotoy, Miki Malul, Amir Shoham
The Role Of Cultural Attributes In Inequality And Poverty, Leon Zolotoy, Miki Malul, Amir Shoham
Leon Zolotoy
This paper uses cross country data to explore the role of cultural attributes in inequality of income distribution and poverty within countries. Using the Hofstede cultural dimensions, we found that individualism is negatively correlated with the Gini index and poverty ratio. We also found that the lower the status of women in a society, the higher the level of poverty in that society. Furthermore, we found that combing the cultural variables in the analysis significantly improves its ability to explain the differences in inequality and poverty in different countries.
Cross-Price Elasticity And Income Elasticity Of Demand: Are Your Students Confused?, Philip E. Graves, Robert L. Sexton
Cross-Price Elasticity And Income Elasticity Of Demand: Are Your Students Confused?, Philip E. Graves, Robert L. Sexton
Robert L Sexton
The authors demonstrate that most textbooks are ambiguous at best in their treatment of cross-price elasticity and income elasticity of demand. There is also no discussion of what initiates a price increase in discussions of substitutes and complements in the textbooks examined. The authors offer a remedy for these deficiencies.
Bio-Economic Evaluation Of Implementing Trawl Fishing Gear With Different Selectivity, Lone Grønbæk Kronbak, J. Rasmus Nielsen, Ole A. Jørgensen, Niels Vestergaard
Bio-Economic Evaluation Of Implementing Trawl Fishing Gear With Different Selectivity, Lone Grønbæk Kronbak, J. Rasmus Nielsen, Ole A. Jørgensen, Niels Vestergaard
Niels Vestergaard
The paper develops a biological-economic evaluation tool to analyse the consequences for trawl fishers of implementing more selective fishing technologies. This is done by merging a dynamic biological population model and an economic cost–benefit evaluation framework to describe the consequences for the fish stocks, fishermen and society. The bio-economic evaluation is applied to the case of the Danish trawl fishery in Kattegat and Skagerrak, which experiences a high level of discards and bycatches of several species. Four different kinds of selectivity scenarios are evaluated in comparison with a baseline. The results from the evaluation are indicators for the consequences on …
Ecological Benchmarking To Explore Alternative Fishing Schemes To Protect Endangered Species By Substitution : The Danish Demersal Fishery In The North Sea, Niels Vestergaard, Jens Kjærsgaard, Kristiaan Kerstens
Ecological Benchmarking To Explore Alternative Fishing Schemes To Protect Endangered Species By Substitution : The Danish Demersal Fishery In The North Sea, Niels Vestergaard, Jens Kjærsgaard, Kristiaan Kerstens
Niels Vestergaard
The cod stock in the North Sea is threatened by overexploitation. To recover this fishing stock, pressure needs to be reduced. This implies that catch compositions with small amounts of cod are preferred by public policy makers. The present analysis assesses the technological efficiency of fishing trips in terms of the substitution possibilities away from cod by considering landings of cod as an undesirable output. A conservative non-parametric frontier technology approach imposing minimal assumptions and based on directional distance functions is applied to explore alternative fishing activities for Danish gill netters operating in the North Sea with the goal of …
Natural Resource Endowments And The Domestic Revenue Effort, John Thornton, Fabian Bornhorst, Sanjeev Gupta
Natural Resource Endowments And The Domestic Revenue Effort, John Thornton, Fabian Bornhorst, Sanjeev Gupta
John Thornton
We examine whether there is evidence of an offset between government revenues from hydrocarbon (oil and gas) related activities and revenues from other domestic sources in a panel of 30 hydrocarbon producing countries. Our main finding is that there is an offset of about 20%, which is robust to the inclusion of control variables, the exclusion of outliers, and alternate estimation methodologies. While the impact of the offset on long-term development prospects is not clear, there is a risk of significant adjustment costs in moving to a higher level of domestic taxation once natural resources are depleted.
Cross-Price Elasticity And Income Elasticity Of Demand: Are Your Students Confused?, Philip E. Graves, Robert L. Sexton
Cross-Price Elasticity And Income Elasticity Of Demand: Are Your Students Confused?, Philip E. Graves, Robert L. Sexton
Robert L Sexton
The authors demonstrate that most textbooks are ambiguous at best in their treatment of cross-price elasticity and income elasticity of demand. There is also no discussion of what initiates a price increase in discussions of substitutes and complements in the textbooks examined. The authors offer a remedy for these deficiencies.