Econometric analysis of convergence processes across countries or regions usually refers to a transition period between an arbitrary chosen starting year and a fictitious steady state. Panel unit root tests and panel cointegration techniques have proved to belong to powerful econometric tools if...

The study analyses the convergence or not of the counties of the state of Rio Grande do Sul to a same level of income per capita. It also examines variables associated with the economic growth of the counties, such as the regional location, the participation of the economic sectors and the...

In the light of the reaffirmed importance ofagricultural convergence within the integration process, thepaper provides a preliminary investigation of the impact of theenlargement from the EU-15 to the EU-27 on agricultural realb-convergence and, with reference to the EU-27, of itsrelationship...

This study aimed at establishing simple stylized facts on relationships between the share of agriculture and its subsectors in GDP and GDP per capita in Uganda. The study utilized both trend and regression analysis tools to achieve the study objective. Previous studies give evidence on what has...

In this paper we intend to discuss the relationship between long term development trajectories, which in principle can be expected to affect the functioning of all economic systems, and the deviations which can be expected to occur at a local level in particular countries or regions. We will...

This dissertation addresses a basic difficulty in accommodating other-regarding preferences within existing models of decision making. Decision makers with such preferences may violate the property of stochastic dominance that is shared by both expected utility and almost any model of...

In this paper, we propose a theoretical model to study the effect of income insecurity of parents and offspring on the child’s residential choice. Parents are partially altruistic toward their childrenand will provide financial help to an independent child when her income is low relative to...

American call and put options on the S&P 500 index futures that violate the stochastic dominance bounds of Constantinides and Perrakis (2007) over 1983-2006 are identified as potentially profitable investment opportunities. Call bid prices more frequently violate their upper bound than put bid...

This study assesses whether income constraints inhibit spending on fruits and vegetables among low-income households. If this is the case, then it is hypothesized that the distribution of expenditures on fruits and vegetables by low-income households should be stochastically dominated by the...