Examines the productivity performance of the wholesale and retail trade sectors in light of their significant contribution to Australia’s record productivity performance in the 1990s. Fundamental changes in the nature and operations of wholesale trade, in particular, have brought marked...

Evaluation quality is a function of methodological and data inputs. This paper argues that there has been inadequate investment in methodology, often resulting in low quality evaluation outputs. With an increased focus on results, evaluation needs to deliver credible information on the role of...

This paper attempts estimation of the model of the Soviet price determination. Model consists of price equations for five sectors of the Soviet economy, and it is intended to be a part of a larger econometric model of the Soviet economy. Four different cost-plus price formulae were estimated....

By tracing the flows of patent citation of prior patents and scientific journal articles, we investigate the sources of knowledge for innovation output in Singapore, a small, highly open economy that has traditionally been significantly dependent on foreign multinational corporations (MNCs). We...

How does aid affect recipient country economic performance? This study looks at programme aid (import support, budget support and debt relief) in nine countries (Bangladesh, Cape Verde, Ghana, Mozambique, Nicaragua, Tanzania, Uganda, Vietnam and Zambia), showing how aid has had an impact on both...

In this paper an attempt has been made to identify dominant forms and factors for land supply in Bulgarian farms. The New Institutional and Transaction Costs Economics framework is adapted to transitional agrarian economy. Institutional, behavioral, and transaction costs factors for evolution...

The Concept of Foreign Direct Investment is now a part of India's economic future but the term remains vague to many, despite the profound effects on the economy. Despite the extensive studies on FDI, there has been little illumination forthcoming and it remains a contentious topic. The paper...

The paper shows that civil war in Burundi in the 1990s has provoked an unprecedented decline in government revenue. Both foreign aid transfers and revenue from domestic sources dried up, inducing the government to rely more on inflation tax. Using quarterly data covering the period from 1980:1...

The purpose of this paper is to give an empirical answer to two related but different questions: First, are economic growth and business cycles interdependent? Second, is money neutral even in the long run? Using data from the United States, this paper finds (using a VAR model) and presents...

The current reconsideration of public research funding policies in the U.S., and U.K. and other industrialized economies makes it important that policy makers and the public understand the valid economic grounds for government support of science. This review article of a book that which argues...