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Evidence of relationships between religious affiliation and the African AIDS pandemic is found in the medical, religion, and sociology literatures. In particular, studies have shown that predominantly Christian countries tend to have higher HIV rates than predominantly Muslim countries. These...
Persistent link: https://www.econbiz.de/10010796083
We examine a balanced panel of globalization indices for 129 countries over the years 1991-2010. We report evidence of cross-country sigma convergence in the overall globalization index. Sigma convergence also holds for each of the economic, political, and social globalization indices, as well...
Persistent link: https://www.econbiz.de/10010797439
We use US county-level data to estimate convergence rates for 22 individual states. We find significant heterogeneity. E.g., the California estimate is 19.9% and the New York estimate is 3.3%. Convergence rates are essentially uncorrelated with income levels.
Persistent link: https://www.econbiz.de/10010678840
We offer the first direct evidence of an implicit contract in a goods market. The evidence comes from the market for Coca-Cola. We demonstrate that the Coca-Cola Company left a written evidence of its implicit contract with its consumers—a very explicit form of an implicit contract. The...
Persistent link: https://www.econbiz.de/10010687026
The basic answer to the question posed by the title is: yes. We follow Ewing et al. (2006) and examine the US federal revenue-expenditure nexus in an error-correction model allowing for asymmetric adjustment. Symmetric adjustment is rejected by data from the 1959.3 to 2007.4 period. However, as...
Persistent link: https://www.econbiz.de/10010770369
We use U.S. county-level data to estimate convergence rates for 22 individual states. We find significant heterogeneity. E.g., the California estimate is 19.9 percent and the New York estimate is 3.3 percent. Convergence rates are essentially uncorrelated with income levels.
Persistent link: https://www.econbiz.de/10010656017
Persistent link: https://www.econbiz.de/10010662163
We use U.S. county-level data consisting of 3,058 observations, to study growth determination and measure the speed of income convergence. County-level data are particularly valuable for studying convergence because they allow us to study a sample with substantial homogeneity and exceptional...
Persistent link: https://www.econbiz.de/10010615360
We use U.S. county-level data containing 3,058 cross-sectional observations and 41 conditioning variables to study economic growth and explore possible heterogeneity in growth determination across 32 individual states. Using a 3SLS-IV estimation method, we find that all statistically significant...
Persistent link: https://www.econbiz.de/10009001389
Higgins <italic>et al</italic>. (2006), report several statistically significant partial correlates with US per capita income growth. However, Levine and Renelt (1992) demonstrate that such correlations are hardly ever robust to changing the combination of conditioning variables included. We ask, whether the...
Persistent link: https://www.econbiz.de/10008582782