Malnutrition and food deprivation, which are concentrated in poor countries, have been along-term concern of economists, but as per capita income in developed countries has grown in the20th century, a new problem of over-nutrition leading to obesity has occurred. This paper developsmodels of...

In developing countries, rising incomes, increased demand for more skilled labor, and government investments of considerable resources on building and equipping schools and paying teachers have contributed to global convergence in enrollment rates and completed years of schooling. Nevertheless,...

Many countries claim foreign cultural goods threaten their national identities and engage inprotectionism against foreign cultural goods with various policy interventions. We analyze theeconomics of domestic cultural content protection in terrestrial broadcasting, the mostwidespread policy...

Domestic technical measures such as SPS and TBTs can enhance import demand viainformation disclosure and quality improvement, or hamper foreign export supply via imposingsizeable compliance costs, or both. The traditional gravity equation model estimates the neteffect of these measures on...

We analyze the effects of free trade on environmental policies in a strategic setting withtransboundary pollution. Trade liberalization can result in a race to the bottom in environmentaloutcomes, making both countries worse off. With command and control policies(quotas), there is no race to the...

Chakraborty [Journal of Economic Theory, 2004] introduces endogenousmortality in a two period overlapping generations model by postulating thatthe probability of surviving from the first period to the second depends on taxfundedpublic health. His central result on the existence of multiple...

Basic innovations are often fundamental to the development of applications that maybe developed by other innovators. In this setting, we investigate whether patent pools canrectify the lack of incentives for developers to invest in applications. Following Green andScotchmer (1995), we also...

This paper describes major external changes to the U.S. public agricultural researchsystem over 1988-1999; describes the reactions of the public agricultural research system to theexternal changes, specifying the innovations that have occurred over the last decade; and drawsconclusions about the present...

Entrepreneurship is a hot topic both in academic and policy circles.1 There is a growingrecognition that entrepreneurship is a driving force in economic growth and development in bothestablished and emerging economies. There is also an increasing body of evidence suggestingentrepreneurship that...