We tested for club convergence in U.S. agricultural total factory productivity using a sigma convergence test. We used the same club of states as used by McCunn and Huffman as well as different states within 10 clubs identified by the cluster analysis. Results showed convergence was evident only...

Moroccan manufacturing firms generally choose to incorporate under one of two legalforms: ‘Société Anonyme’ (SA) and ‘Société À Responsibilité Limitée’ (SARL). This thesis is about that choice and its consequence for firms’ access to bank overdraft facilities.In 2001, Morocco...

The episodes of financial crises in many parts of the world during the 1990s have sparked interest in identifying channels through which such crises spread from one country to another. Researchers have identified several factors that may have sparked and induced contagion. This study further...

O objetivo desse artigo é determinar os impactos da criação da Área de Livre Comércio das Américas (ALCA), a partir de uma desoneração tributária, na economia brasileira. Para isso, foram analisados diversos cenários que contam, além da eliminação das tarifas ao comércio entre os...

This paper investigates the determinants of intra-CARICOM bilateral trade and the CARICOM member's trade with the North American and European countries using the gravity model. Seventeen annual cross-sections are estimated for the period 1980 through 1996. Overall, the empirical results indicate...

Im Jahre 1991 vollzogen Argentinien, Brasilien, Uruguay und Paraguay mit der Gründung des “Gemeinsamen Marktes des Südens” (Mercado Común del Sur/MERCOSUR) einen wirtschaftspolitischen Paradigmenwechsel in Richtung Integration in die Weltwirtschaft und Nutzung komparativer...

Regional integration has been used with varying success to overcome disadvantages associated with smallsize. The fundamental premise for regional cooperation in the Caribbean has been the promotion of economicdevelopment particularly in the manufacturing and industrial sectors. The opportunity...

This thesis is a collection of three essays with contributions to the intergenerational and intra-generational mobility literature. The essay on full risk insurance and measurement error examines the likelihood that measurement error may reconcile observed departures from perfect rank immobility...

The focus of this paper is on foreign direct investment (FDI) and 'human capital enhancement' in developing countries. While there are of course vast literatures on both FDI and human capital enhancement, the specific issue of how, if at all, the behaviour of multinational enterprises (MNEs)...