This paper investigates the determinants of fiscal decentralisation, focusing in particular on the impact of the level of income on the level of fiscal decentralisation. Various measures of fiscal decentralisation, several of them novel in this context, are employed in a cross-country...

This paper argues that investment in agriculture has a large and continuing developmental importance in terms of both economic growth and poverty reduction. Moreover, targeted public resources have proven to be indispensable in achieving these results. Both arguments are supported with novel...

This paper examines whether temporary fluctuations in output around potential in developing countries are induced primarily by aggregate demand shocks or temporary aggregate supply shocks. Structural vector autoregression methodology using long-run restrictions is used to identify temporary...

This research seeks to identify the factors that account for the variation in development levels across nations by focusing on the institutional components of development, especially the effects of financial market development on economic and political development. I argue that financial market...

A collection of eighteen articles have been purposely chosen to demonstrate the development of the original and significant contributions of my research over the period 1990 to 2008. Despite the relatively large number of articles, which cover a range of related issues, there is a surprisingly...

A collection of eighteen articles have been purposely chosen to demonstrate the development of the original and significant contributions of my research over the period 1990 to 2008. Despite the relatively large number of articles, which cover a range of related issues, there is a surprisingly...

There is a large literature that tests the univariate time series properties of the real output series following the seminal work of Nelson and Plosser (1982). Whether or not real output is characterized by a unit root process has important implications. A unit root in real output, for instance,...

Purpose – This paper aims to investigate the integrational properties of real GDP for 125 countries . Design/methodology/approach – The paper applies the Kwiatkowski et al. univariate test and a KPSS-type univariate test that accounts for multiple structural breaks – a test procedure...

Die drei Essays dieser Dissertation verbinden Themen der wirtschaftlichen Entwicklung und des Klimawandels. Alle Essays erörtern die allgemeine Frage wie steigende Einkommen und Austauschbeziehungen in Umweltfragen verbunden werden können und konzentrieren sich dabei auf CO2 Emissionen als...