In this paper we construct a model with increasing returns stemming from product variety to explore the different effects of regulations and taxes on economic development, real activity, and growth. Regulations raise fixed and variable costs, while taxes primarily increase variable costs. This...

The impacts of coronavirus disease 2019 (COVID-19) on food systems, poverty, and nutrition have been caused by generalized economic recession and disruptions in agrifood supply chains. This article reviews a growing empirical literature assessing those impacts. The review confirms that income...

We examine the question of whether the rate of business insolvencies in New Zealand is related to overall macroeconomic conditions. In particular, our interest is in whether the rate of business insolvencies changed in the wake of the Global Financial Crisis (GFC). We find that there was a large...