In this article the concept of multiproduct cost economies is modified to the case of production at vertically related stages to derive an explicit and general measure of economies of vertical integration. The utility of this measure is then demonstrated ...

This paper focuses on how the distribution of household health resources can be influenced by bargaining within the household with a particular focus on gender biases across children for four countries; Armenia, Azerbaijan, Kyrgyzstan and Tajikistan. The framework utilised is owed to McElroy and...

With U.S. multinational enterprises playing increasingly important roles in the global economy, it is important to understand the efficiency of their capital budgeting decisions. We examine an unbalanced panel of 332 U.S. firms from 1992-2000. Using the deviation of a firm's estimated marginal...