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 social democracy and the “developmental state” model as development alternatives for South Africa. This research is significant as it enhances the developmental debate in South Africa that is indispensable in light of South Africa’s poor socio-economic performance....

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The Victorian Department of Sustainability and Environment (DSE) spent the latter decades of the 20th century fully integrating the surface and sub-surface drainage systems with the water distribution network in northern Victoria, thereby enabling complete recycling of outfalls, leaks and...

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...

Spending on political advertising increases with every election cycle, not only for congressional or presidential candidates, but also for state-level ballot initiatives. There is little research in marketing, however, on the effectiveness of political advertising at this level. In this study,...

This article examines the effects of macroeconomic variables (i.e., housing starts, disposable income, and the exchange rate), market variables (i.e., lumber price and wage rate) and the 2006 Softwood Lumber Agreement (SLA06) on U.S. lumber imports from Canada. It also looks at the welfare...

The development of a market in groundwater usage rights can be inhibited by constraints arising from the institutional context. Such impediments may reduce the potential gains from trade and may generate high transaction costs for prospective traders. We analyse the regulations and policies...

Economic crisis has been activated keynesianism. The current trends of the brazilian economy make it advisable to reseat the structuralism in economic debate. This is the primary goal of this article. To do this, it discusses a “two sector” macroeconomic model whereby sought to show its...