Economic performance is closely linked to the existence of good institutions. However, the quality of governance has also been identified as an important factor that affects economic growth and development. This paper empirically examines the significance of these factors in explaining...

This study examines whether the allocation of public expenditures of the Indian states are significantly influenced by government specific political characteristics. Three types of government specific characteristics are considered: forms of governments, ideology of the government, and the...

This study examines the relationship between the fiscal intervention of the government and regional income disparity in 14 major Indian states. The impact of decentralization on the regional disparity of these states is also examined. The findings suggest that both policy measures have reduced...

In this paper we re-examine the case for Indirect Convertibility made by Greenfield and Yeager (1983, 1989) as a mechanism for promoting greater internal price level stability. We argue that with some reinterpretation, indirect convertibility can be interpreted as a convenient, practical...

This article argues that policy in relation to education has relied too extensively on the more easily measured costs of production to support a common conclusion of economies of scale in school and/or district size. It argues that there are external costs that increase with size but that can be...

In this paper we show that the abundance of a natural resource such as oil need not present a curse for the domestic economy, dooming the non-oil sector to secondary status and a long period of stagnation and decline. Rather oil revenues can themselves be source of economy wide growth. What is...

This paper re-examines the relation between private economic performance and federal government size in Canada over the long 1870-2011 time period. The particular focus is on whether the effect of government size on private output has an inverted U shape with a tipping point. Its innovation is...

This paper asks why the governing party in a Westminster parliamentary system would ever surrender the right to choose the timing of the next election in favour of a fixed electoral cycle that precisely dates future elections. The analysis is directed at explaining Canada’s recent (2007)...