Since the seminal work of Adam Smith, markets have been considered an efficienttool for co-ordinating the behaviour of economic agents. The basic characteristicof a market economy is that the complex system of interaction amongindividuals is not centrally coordinated. Under the assumption of...

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The relationship between appreciation of the exchange rate and employment is investigated in the period 1980-2008 for the United States. Previous literature has found a negative relationship, studying as channels of transmission the role of exports, substitution of factors of production, terms...

At the beginning we delimited agricultural areas. Then we compared the picture obtained with the spatial diversity of human capital. The analysis of human capital was based on three groups of measures. They are related to investments on human capital, its resources and effectiveness of its...

This paper examines factors that determine Uganda’s trade flows and specifically compares the impact and performance of the different trade blocs on Uganda’s trade patterns and flows. The empirical question is whether Uganda’s trade is getting more integrated in the East African Community...

This paper examines changes in the allocation of public funds between production related public goods (PRPGs) and labour augmenting public goods (LAPGs) once elected village leaders replaced an appointment system. We derive a two-period theoretical model in which the interest of appointed...

This paper investigates the effects of network based individual social capital on the access of rural households to services. In the context of development economics, an innovative data collection approach is used to determine network based social capital. The approach originates from the field...

The "Unemployment Compensation Amendments of 1976" 31e expected to insure about two-fifths of all hired agricultural workers. Large interstate variations in the proportion of workers insured result from their cliffering work histories and state's qualifying provisions. Of these insured workers,...

After discussing basic principles of school funding, and comparing selected school finance indicators in southeastern states, this paper examines how schools districts are financed in Kentucky. Emphasis is given to issues of funding adequacy, efficiency and equity, which together led to the...