Showing 131 - 140 of 429
Persistent link: https://www.econbiz.de/10005738176
The contribution of this paper is three-fold. Firslty, a characterisation of the sub-hypotheses comprising the seasonal unit root hypothesis is presented which provides a precise formulation of the alternative hypotheses against which regression-based seasonal unit root tests test. Secondly, it...
Persistent link: https://www.econbiz.de/10005738177
Until three decades ago, FDI was associated with negative perceptions, but recent experiences have brought an awareness that it stimulates the economic growth process through its positive spillover effects. The empirical study invsestigates whether FDI in fact, caused spillover effects which...
Persistent link: https://www.econbiz.de/10005738178
Persistent link: https://www.econbiz.de/10005738179
Persistent link: https://www.econbiz.de/10005738180
We study extinction in a commons problem in which agents have access to capital markets. When the commons grows more quickly than the interest rate, multiple equilibria are found for intermediate commons endowments. In one of these, welfare decreases as the resource becomes more abundant, a `re-...
Persistent link: https://www.econbiz.de/10005738181
Persistent link: https://www.econbiz.de/10005738182
Persistent link: https://www.econbiz.de/10005738183
In this paper, I test a fiscal dominance hypothesis of central bank independence in developing countries.
Persistent link: https://www.econbiz.de/10005738184
This paper first of all discusses some substantive and methodological issues concerned with disentangling the nature of effects in educational progress. We deal with criterion outcomes which are a limited set of ordered category grades for which multilevel generalised linear models are proposed.
Persistent link: https://www.econbiz.de/10005738185