This paper makes an attempt to estimate the public and non-public good component values of Kaziranga National Park (KNP), a World Heritage Site in the northeast part of India, using contingent valuation method and individual travel cost method respectively. Such a decomposition of total value of...

This paper examines the dynamic behavior of bilateral real exchange rates between India and 16 of its trading partner countries using annual data from 1960 to 2010. We use panel unit root test procedures, with and without structural breaks, to investigate if there is any evidence in India’s...

This study examines the benefits and costs of living around Kaziranga National Park (KNP), a protected area in Assam (India), by conducting a primary survey among the people who live in the neighboring villages. It finds no evidence of eviction or pecuniary punishment by the park authority...

Using bilateral trade data for 16 service categories, this paper examines the patterns, evolution, and determinants of comparative advantage (CA) in U.S. services trade with China and India from 1992 to 2010. The results indicate that the U.S. has a CA in most services, except in more...

In this paper we study the effect of the business cycle on the mortality rate of the major racial groups in the U.S. Using county-level data from 1999 to 2005, we find that the unemployment rate is negatively related to mortality for whites and latinos but that there is not a statistically...

This paper uses cross-state and cross-regional variation in both levels and growth rates of the shares of alcohol beverage types to ascertain the effect, if any of this variation on health outcomes related to excessive alcohol consumption, with particular focus on beer versus spirits (“hard...

In this study we estimate technical efficiency of Indian commercial banks from 1989- 2009 using a multiple-output generalized stochastic production frontier, and analyze the effects of financial sector reforms on measured efficiency. This generalized technique estimates technical efficiency in...

Trade in services has increased significantly and the United States has been a leader in services trade. The U.S. not only accounts for the largest share of world trade in private services but also runs a substantial amount of surplus in services trade. One important trend has been the rapid...

This paper re-examines the effectiveness of Blood Alcohol Content (BAC) and Administrative License Revocation (ALR) laws in reducing traffic fatalities. Using difference-in-differences estimators of U.S. state-level data with standard errors corrected for autocorrelation, we find no evidence...