, called betit, nests both logit and probit and allows for various skewed and peaked disturbance densities. Because the shape … paper considers asymptotic biases of the logit and probit models under conditions where betit should have been used. It also …This paper proposes a dichotomous choice model that is based on a transformed beta (or zâ€) distribution. This model …

Trade Agreements (PTAs). The focus is on applying the gravity model to analyze India’s trade flows (exports and imports …

taxes and disbursement of grants. Tax devolution criteria suggested are population and gap of per capita own tax revenue of …

which, if properly managed, perform better than either loans or grants taken in isolation. The core of the intuition, which … they develop in a simple two-period model, relates to the fact that the poorest countries are also the most volatile, so …

The paper attempts to analyse the impact of devolution of taxes and distribution grants by the Centre to the States in …- State distribution of Central grants and taxes. Analysis reveals that formula based tax devolution has been more equalising … than grants. Study finds that there is need to explore alternative mechanisms. [WP 419]. …