Showing 1 - 10 of 30
This paper investigates the relationship between unrecorded economic activity associated with the production of illicit coca and formally recorded economic activity in Peru. It does so by attempting to construct new regional level estimates for coca production and by implementing recently...
Persistent link: https://www.econbiz.de/10014412180
Persistent link: https://www.econbiz.de/10011999757
This paper studies the transmission of crime shocks to the economy in a sample of 32 Mexican states over the period from 1993 to 2012. The paper uses a panel structural VAR approach which accounts for the heterogeneity of the dynamic state level responses in GDP, FDI and international migration...
Persistent link: https://www.econbiz.de/10015247895
The paper proposes a structural approach to VAR analysis in panels, which takes into account responses to both idiosyncratic and common structural shocks, while permitting full cross member heterogeneity of the response dynamics. In the context of this structural approach, estimation of the...
Persistent link: https://www.econbiz.de/10010421290
This study develops new rank tests for panels that include panel unit root tests as a special case. The tests are unusual in that they can accommodate very general forms of both serial and cross-sectional dependence, including cross-unit cointegration, without the need to specify the form of...
Persistent link: https://www.econbiz.de/10010290983
We tabulate the citation counts generated by the research of the economics department faculty at four liberal arts colleges that are frequently ranked among the best nationally, and compare them to a sampling of four economics departments located in research universities.
Persistent link: https://www.econbiz.de/10005650314
Recent advances in the growth literature have proposed that difficult to quantify concepts such as social capital may play an important role in explaining the degree of persistent income disparity that is observed among countries. Other recently explored possibilities include institutional...
Persistent link: https://www.econbiz.de/10008544255
We investigate the long run consequences of infrastructure provision on per capita income in a panel of countries over the period 1950-1992. Simple panel based tests are developed which enable us to isolate the sign and direction of the long run effect of infrastructure on income in a manner...
Persistent link: https://www.econbiz.de/10008544265
This study develops new tests for unit roots and cointegration rank in heterogeneous time series panels using methods that are robust to the presence of both incidental trends and cross sectional dependency of unknown form. Furthermore, the procedures do not require a choice of lag truncation or...
Persistent link: https://www.econbiz.de/10008544266
Numerous policy studies have argued that conditions have prevailed in China since the open door economic reforms of the late 1970s that have encouraged rapid growth at the expense of regional income inequality across the provinces of China. In this paper we use recently developed nonstationary...
Persistent link: https://www.econbiz.de/10008520339