In recent years, Vietnam has modernized its economic policies. Positive results include an economic growth rate averaging more than 7% per annum, increased foreign investment and improved living standards for its citizens. Having moved from a traditional socialist model to a market-based system,...

In rural economies, risk-sharing arrangements through networks of relatives and friends are common. Monitoring issues seem to impede the development of informal insurance mechanisms at higher level. As such, after a large and covariate shock, the prerequisites under which informal arrangements...

In a simple formal model of two-country, two-good with an elementary Conflict Technology, we use a rudimentary game theoretics to study the matter of war and peace, where under peace, cooperative exchange takes place, and where, in case of war, the winner takes all through appropriation of the...

This paper investigates the day-of-the-week effects in the stock indexes of both developed and emerging markets as well as the MSCI world index from March 2002?May 2008 using regression models. The results show many daily effects, occurring from Monday to Friday, which are different from the...

This paper examines determinants of work participation and school attendance for children aged 7-15 using survey data from rural Ethiopia. To this effect, a bivariate probit model that addresses the interrelatedness of the two decisions is employed. Given the agrarian nature of the economy,...

This paper attempts to measure the extent of inter-regional economic interdependence between primary and redistribution incomes. This means that any change in final demand for goods and services in one region does not only lead to the change in output and income in that region but also leads to...

The Input-Output (I-O) table is now universally accepted as an effective analytical tool for the conduct of in-depth socio-economic as well as environmental studies, whether national or regional. The reason for its being widely used is because of its capability, in a simple compacted manner, to...

Do homogeneous and heterogeneous goods response the same way to changes in income and different measures of distance? Running country-fixed-effect gravity equation for different product groups, I find that homogeneous goods are less responsive to changes in income than heterogeneous goods. I...

This paper reports the results of a survey from 148 households in the Mekong Delta regarding the household's decision of migration. Recent studies of migration indicated that a decision of migration for a certain person is not made individually by himself, but it is often made with impacts from...

Vietnam, a transitional economy that started its historic economic reform in 1986, has been pursuing both the market-oriented and state-controlled developments for more than twenty years. This study focuses on the country's liberalization on internal and international trade polices, an important...