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The cross-country literature on foreign aid effectiveness has relied on the use of instruments to distinguish causality from mere correlation. This paper uses simple non-instrumental techniques in the spirit of Granger to demonstrate that the main aid-growth connection is a negative causal...
Persistent link: https://www.econbiz.de/10005509589
Dans ce texte, nous revoyons certains développements récents de l’économétrie qui peuvent être intéressants pour des chercheurs dans des domaines autres que l’économie et nous soulignons l’éclairage particulier que l’économétrie peut jeter sur certains thèmes généraux de...
Persistent link: https://www.econbiz.de/10005545768
This paper is about the discursive aspects of reform debates, more particularly about their rhetorical forms. In the debates on economic reforms in India, communities of scholars seem to have been talking past each other, each side equally convinced that it has the `Truth". Persistent...
Persistent link: https://www.econbiz.de/10005488238
The use of institutional measures in empirical work is widespread, but the question of what these measures actually capture and how they are constructed is something that is not given enough attention. Institutions and their measures are therefore like a “black box of goodies”: Something...
Persistent link: https://www.econbiz.de/10005423964
This research demonstrates methods for comparing the potential region-wide economic impact value of organic versus conventional crop practices. The impetus for this research was the passage of a county ordinance in Woodbury County, Iowa, allowing a maximum of $50,000 of county property tax...
Persistent link: https://www.econbiz.de/10005436791
This essay reacts to the idea of crisis implied in earlier reviews of regional science and suggests that ongoing methodological debates in the fields of geography and economics provide many opportunities for regional scientists. The recent shift away from spatial analysis to social theory in...
Persistent link: https://www.econbiz.de/10005382058
This note will argue that the interpretation of neo-classical location-production models, as a possible basis for informing us about real-world phenomena, is not as straightforward as might be supposed. The reason for this is that such models contain implicit assumptions concerning the...
Persistent link: https://www.econbiz.de/10005382079
Brian Loasby's work has an important role in connecting an earlier generation of post Marshallian theorists with contemporary researchers pursuing industry studies in the Marshallian tradition. This paper investigates the methodological consequences of post Marshallian theory by examining the...
Persistent link: https://www.econbiz.de/10005404057
Woodford employs an inter-temporal general equilibrium model to examine the properties of the monetary system as it evolves form the use of a physical medium of exchange to an electronic medium. He presents a structure in which cash as a means of payment can be made to vanish at the limit but...
Persistent link: https://www.econbiz.de/10005412546
Serge Kolm's "epistemic counterfactual principle" says that a social choice only needs to be made from the actual feasible set of alternatives given the actual preference profile, but it must be justified by the choices that would have been made in appropriate counterfactual choice situations....
Persistent link: https://www.econbiz.de/10005459270