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Domestic resources, governance, global links, and the economic performance of Sub-Saharan Africa

Amavilah, Voxi Heinrich - Volkswirtschaftliche Fakultät, … - 2008

This paper uses a simple production function to show that the economic performance of a group of African countries in 2007 depended on three broad sources: domestic resources, governance, and global links. The results reveal that investment plays the most important part. The effects of education...

Persistent link: https://www.econbiz.de/10005621231

Globalization, governance, and the economic performance of Sub-Saharan Africa

Amavilah, Voxi Heinrich - Volkswirtschaftliche Fakultät, … - 2009

I estimate and compare the effects of globalization, governance, and conventional factors and forces on the economic performance of Sub-Saharan African countries. The analysis finds that both physical and human capita as well as unexplained technical residuals affect economic performance,...

Persistent link: https://www.econbiz.de/10005668398

Response to a review of voting theory for democracy, in the light of the economic crisis and the role of mathematicians

Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2011

welfare theory and since then mathematicians have been damaging democracy. My book Voting Theory for Democracy (VTFD) tries to …Economic theory needs a stronger defence against unwise application of mathematics. Mathematicians are trained for … pupils and students, in finance by neglecting real world risks that contribute to a world crisis, or in voting theory where …

Persistent link: https://www.econbiz.de/10009367967

Arrow’s Impossibility Theorem and the distinction between Voting and Deciding

Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2011

Arrow’s Impossibility Theorem in social choice finds different interpretations. Bordes-Tideman (1991) and Tideman (2006) suggest that collective rationality would be an illusion and that practical voting procedures do not tend to require completeness or transitivity. Colignatus (1990 and 2011)...

Persistent link: https://www.econbiz.de/10009368469

Holidays and the economic growth of nations

Amavilah, Voxi Heinrich - Volkswirtschaftliche Fakultät, … - 2009

There is sufficient microeconomic evidence that holidays are important to economic life. Is there similar support at the macroeconomic level? This exploratory paper uses a simple approach to assess the impacts of holidays on the economic growth rates of 182 nations in 2002. It finds that the...

Persistent link: https://www.econbiz.de/10005089331

The Full Value of the Nobel Prize - Part 1: Mining “Data Without Theory”

Amavilah, Voxi Heinrich - Volkswirtschaftliche Fakultät, … - 2011

any received economic, or other, theory. In the sense of Ed E. Leamer, it is “data without theory,” and data without … theory does not speak for itself, despite the common cliché of “letting the data speak for itself.” The objective here is to …

Persistent link: https://www.econbiz.de/10009294911

National identity, globalization, and the well-being of nations

Amavilah, Voxi Heinrich - Volkswirtschaftliche Fakultät, … - 2009

Using a simple production function approach I show that conventional factors and forces of production, national identity, and globalization are important to national well-being, but in varying ways. Whereas investment in capital and globalization, especially social globalization, affect national...

Persistent link: https://www.econbiz.de/10004961524

Flags, Constitutions, and the well-being of nations

Amavilah, Voxi Heinrich - Volkswirtschaftliche Fakultät, … - 2008

This exploratory paper estimates the effects on well-being of two very important institutional symbols of 59 countries in 2007: national flags and constitutions. The results indicate that well-being responds positively to investment in material things as well as the existence of flags. However,...

Persistent link: https://www.econbiz.de/10005835577

National symbols, globalization, and the well-being of nations

Amavilah, Voxi Heinrich - Volkswirtschaftliche Fakultät, … - 2009

I estimate the effects of national symbols and globalization on the well-being of 88 countries. I find that conventional determinants of production affect national well-being, measured as human development index (HDI). The effects on HDI of national symbols like national flag colors are...

Persistent link: https://www.econbiz.de/10005000637

High Noon at the EU corral. An economic plan for Europe, September 2011

Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2011

The 2007+ credit crunch and economic crisis put European governments in severe debt, with talk about a Greek partial default. It also put the European banks into a zombie condition, while under Basel III the capital requirement rises from 8% to 10.5% (which requirement does not cover public debt...

Persistent link: https://www.econbiz.de/10009294940