China's recent rapid growth has been matched by large increases in exports and foreign direct investment (FDI), but considerable regional disparities in FDI flows exist. We use detailed province level data for China to examine the determinants of intra-country FDI flows. Specifically, we...

We offer a model for the distribution of consumption over categories of expenditure. We developed this model for consumer demand against the background of analysing price-based substitution between imported and domestically produced products.

I present a simultaneous-equation model with which I estimate both direct and indirect effects of financial distortions in real interest and black-market exchange rates on saving, investment, export growth and output growth.

Growth in the pacific Rim countries has become the focus of much interest for both governments and economists. This paper has been partly prompted by that fact but also but also by the newly-percieved role of the FdI especially when viewed in the light of endogenous growth theory. A small,...

We study option management by committee. Analysis is illustrated by tenure decisions. Our innovations are two-fold: we treat the committee's problem as one of social choice, not information aggregation; and we endogenise the outside option: rejecting a candidate at either the probationary or...