New growth theories hypothesize economic growth processes as heavily dependent on investment in Information and Communication Technology (ICT). However, the full empirical verification of this hypothesis still is an open task, particularly when growth is considered within selected countries such...

This paper does an empirical comparison of time-invariant and time-varying technical inefficiency measures obtained from an econometric estimation of different panel data stochastic production frontier models. It estimates four panel data specifications of frontier models widely used in...

The abundance of oil resources and the dependence of the state budget on crude oil exports have exposed Iran's single-product economy to oil price fluctuations and its consequences. On the other hand, according to the country's financial system and its being bank-centric, one of the sectors that...

This paper does an empirical comparison of time-invariant and time-varying technical inefficiency measures obtained from an econometric estimation of different panel data stochastic production frontier models. It estimates four panel data specifications of frontier models widely used in...

New growth theories hypothesize economic growth processes as heavily dependent on investment in Information and Communication Technology (ICT). However, the full empirical verification of this hypothesis still is an open task, particularly when growth is considered within selected countries such...

This paper is concerned with the estimation of employment relationship and employment efficiency under production risk using a panel of Zimbabwe¡¯s manufacturing industries. A flexible labour demand function is used consisting of two parts: the traditional labour demand function and labour...

This paper investigates the convergence behaviour of carbon dioxide emissions for 39 countries in the Americas from 1960-2016. A linear regression test of convergence which looks for conditional sigma convergence is employed, and a clustering algorithm is used to identify convergence clubs. The...

The abundance of oil resources and the dependence of the state budget on crude oil exports have exposed Iran's single-product economy to oil price fluctuations and its consequences. On the other hand, according to the country's financial system and its being bank-centric, one of the sectors that...

Background: Since the latter part of the 20th Century, countries have been particularly challenged by the trade-off that exists between delivering generous welfare provisions and strong economic growth. Such dynamics have stimulated a need to better understand the causes of income inequality so...

Background: Since the latter part of the 20th Century, countries have been particularly challenged by the trade-off that exists between delivering generous welfare provisions and strong economic growth. Such dynamics have stimulated a need to better understand the causes of income inequality so...