The purpose of this paper is to examine the long-run relationship between public education expenditures and economic growth. The social benefits of education exceed its private benefits. Therefore, education is considered a merit good; if not supplied by the public sector, private production is...

In this article, an updated approach to investigate the effects of demographic fac- tors on economic growth is proposed. The initial hypothesis was that these factors significantly affected production proportions, determining development vectors. The predictable shifts in production dynamics are...

Most contemporary historians have proposed a multitude of supply-side factors that arguably propelled the Great Divergence between the West and the East. A late nineteenth-century economist, George Gunton, instead proposed a demand-centric theory to explain the root cause for the divergence...

In response to the widespread use of food safety standards as a tool for restricting international trade, this study attempts to answer whether Southeast Asian countries follow this protectionist trend or not. It employs the political economy framework and focuses on the case of the...

The foreign trade statistics of developing countries are relatively abundant and generally considered more reliable than data on their national accounts. This study reports the results of an accuracy test applied to export and import data from five developing countries (Indonesia, Malaysia, the...