Purpose – The aim of the study is to investigate the relative significance of the determinants of disaggregated capital flows (foreign direct investment and portfolio flows) to five developing countries, across different time horizons. Design/methodology/approach – An empirically tractable...

Purpose – The purpose of this paper is to analyze the competitiveness of selected services: business, financial, transport and travel services in developing countries in relation to that of the rest of the world based on three indices of revealed comparative advantage....

Based on the view that education is partly a superior consumption-good generating the pleasure of higher status, indicates that the measured rate of return to education ignoring utility benefits from education is generally an underestimated indicator of the real rate of return. Further,...

Uses a data set from Guadalajara, Mexico, to investigate the determinants of the wage structure of manual employees in the urban sector of a developing economy. Focuses particular attention on whether there is a significant difference in remuneration between permanent and casual employees after...

Purpose – The purpose of this paper is to test the hypothesis that there exists a positive link between financial development and economic growth in island economies. Design/methodology/approach – To study this relationship both static and dynamic panel data techniques (GMM) are used for a...

Purpose – The purpose of this paper is to estimate the determinants of rural and national poverty, of income distribution, and of agricultural growth in developing countries. Design/methodology/approach – Data for all variables are from the 2008 World Development Report. The author applies...

This paper presents an empirical analysis of the monetary transmission mechanism in four Caribbean countries: Jamaica, Trinidad and Tobago, Barbados and Guyana. This research is timely since little is known about the transmission mechanism of monetary policy in developing countries in general...

When the labor supply schedule is bending forward at low wage levels, the average cost curve of firms does the same. This leads to the possibility of multiple equilibria, in particular for monopolists, thereby opening a broader range of options and keeping non-profitable firms in business....

This paper empirically analyzes the determinants of rural poverty in developing countries. Using data from a sample of 32 developing countries we are able to show that income redistribution in favor of the poorest 10 percent of the population, improving the productivity of agricultural workers,...

A single dimensional measure of economic welfare in terms of per capita income has neglected the contribution of the non-timber benefits of forests; hence forests have not received their due weight in literature on the development process. Advocates a multi-dimensional measure of economic...