The question of whether solid waste landfills affect residential property values has long been a subject of debate. Past research has resulted in mixed conclusions. The current study examines six landfills, which differ in size, operating status, and history of contamination. The effect of each...

This paper investigates the links between growth in gross domestic product (GDP) and sulfur dioxide emissions by disaggregating income growth into long-term growth (the trend of GDP over time) and short-term growth (income fluctuations around the trend). Results indicate a substantial fixed...

Foreign direct investment (FDI) has become a much desired commodity by nations, regions and cities throughout the world. Indeed, governments bid for FDI because it is commonly thought to be an important engine of economic growth, job creation, and technological upgrading. The People’s Republic...

This article recounts the intellectual history of the UNDP’s Human Development Index. It begins with the early history of welfare economics and follows this field through three successive revolutions in thought, culminating in the theory of human development. The first section traces this...

There is growing consensus that corruption hurts economic performance by reducing private investment, adversely affecting the quantity and quality of public infrastructure, reducing tax revenue, and reducing human capital accumulation. In addition to inefficiency effects—lower growth for a...

We analyze the effects of EU adoption of a Sky Trust (Barnes and Breslow 2003) on the income distribution of Hungary, a lower-middle income EU member.  We use plausible parameters for an EU carbon charge and revenue recycling system, input-output data to track the effect of a carbon charge on...