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Chatterjee, Prabirendra; Sarangi, Sudipta - 2004

The success of joint liability programs depends on nature and composition of borrowing groups. Group formation is a costly process and in our model these costs vary with the social identity of group partners. We show that risk heterogeneity in a borrowing group may arise due to the social...

Persistent link: https://www.econbiz.de/10010260680

Land Access, Tenure and Investment in Post-War Northern Mozambique

Brück, Tilman - 2003

article examines instead the effects of land abundance and war for investment and tenure security. The paper demonstrates that … war enhances land abundance. This implies that farm size for the analysis of land investment and tenure security. The … paper formally tests for land abundance and estimates a system of equations using farm survey data from post-war Mozambique …

Persistent link: https://www.econbiz.de/10010260692

How many bucks in a bang: on the estimation of the economic costs of conflict

de Groot, Olaf J.; Brück, Tilman; Bozzoli, Carlos - 2009

give a thorough overview of the existing literature, first by addressing the history of case studies that address conflict …

Persistent link: https://www.econbiz.de/10010291777

Selectivity, market timing and the Morningstar star-rating system

Antypas, Antonios; Caporale, Guglielmo Maria; … - 2009

This paper evaluates the Morningstar mutual fund ranking system. We find that indeed higher Morningstar ratings are associated with higher returns on the portfolios including respectively five-, four-, three-, two- and one-star funds only (STAR5 to STAR1). We then perform an unconditional and...

Persistent link: https://www.econbiz.de/10010271130

Corruption, Growth, and the Environment : A Cross-Country Analysis

Welsch, Heinz - 2003

The relationship between per capita income and a number of pollution indicators has been found to display an inverted U-shaped or downward-sloping pattern. Corruption may affect this relationship in two distinct ways: by raising pollution at given income levels (direct effect) and by reducing...

Persistent link: https://www.econbiz.de/10010260691

Erosion of monopoly power due to the emergence of Linux

Bitzer, Jürgen - 2000

The emergence and market success of Linux in recent years has been impressive. Contrary to common belief, commercial enterprises are active only in the provision of services (including distribution) related to Linux. The emergence of this service market has paved the way for Linux to become a...

Persistent link: https://www.econbiz.de/10010260754

Market Size and Factor Endowment: Explaining Comparative Advantage in Bilateral Trade by Differences in Income and Per Capita Income

Schumacher, Dieter - 2001

Using a gravity-type explanation of international trade flows at the industry level, it is shown that the pattern of comparative advantage in terms of sectoral export/import ratios in bilateral trade can be explained by relative income and relative per capita income. Total income of a country is...

Persistent link: https://www.econbiz.de/10010260775

Interpreting currency crises : a review of theory, evidence, and issues

Saqib, Omar F. - 2002

The main objective of this paper is to understand the causes and symptoms of currency crises by reviewing its seminal literature, establishing its determinants, and outlining some of the relevant issues. The paper highlights the need to comprehend the process, which may lead to the inconsistency...

Persistent link: https://www.econbiz.de/10010260810

GTAP-E: An Energy-Environmental Version of the GTAP Model with Emission Trading

Truong, Truong Phuoc; Kemfert, Claudia; Burniaux, Jean-Marc - 2007

Energy is an important commodity in many economic activities. Its usage affects the environment via CO2 emissions and the Greenhouse Effect. Modeling the energy-economyenvironment-trade linkages is an important objective in applied economic policy analysis. Previously, however, the modeling of...

Persistent link: https://www.econbiz.de/10010260900