This study examines the drivers of growth in Asian countries, with focus on the role of investment, the exchange rate regime, financial risk, and capital account openness. We use a panel data set of a sample of Asian countries over the period 1980 to 2012. Our results indicate that private and...

This article formulates and estimates a model of state government to assess the effect of the elimination of state sales-tax deductibility on state fiscal decisions. Government is modeled as maximizing a social welfare function defined over public expenditures and taxes. The model yields a...

This paper focuses on a performance comparison of semiparametric Tobit estimators. Firstly, a conditional expectation verison of Horowitz's distribution-free least-squares estimator is proposed, together with a short description of the other estimators considered in the later Monte Carlo...