This paper develops a growth model of a country under a Hobbesian environment with international conflicts where national defense is the only way to prevent external predation. The long run growth path is determined by the equilibrium of a dynamic game with three players, the external predator,...

Most studies of Hindu—Muslim riots in India have tended to emphasize the effects of social, cultural, or political factors on the occurrence of ethnic violence. In this article, the authors focus on the relationship between economic conditions and riots. Specifically, this article...

The UK, with its relatively liberal immigration policies following recent enlargements, has been one of the main recipients of migrants from new EU member states. This paper poses the questions: what is the effect of immigration on a receiving economy such as the UK? Is the effect beneficial or...

This article compares the performance of the UK economy since 1997 with that between 1979 and 1997 and with the performance of the other G7 economies in both periods. It concludes that Britain has done relatively well in terms of productivity growth, economic growth and national income per head...

The developing countries multiply incentive policies to attract foreign direct investment, to benefit from positive effects of "spillovers".. The objective of our paper is to check first whether the impact of these flows is automatic or otherwise requires a number of conditions within the host...

Sustainable economic growth and Poverty alleviation is a principal objective of the developing countries. The present study aims to historically review of fiscal policy and its consequences for the economic development of the four South Asian economies i.e. Pakistan, India, Sri Lanka and...

We use U.S. county-level data containing 3,058 cross-sectional observations and 41 conditioning variables to study economic growth and explore possible heterogeneity in growth determination across 32 individual states. Using a 3SLS-IV estimation method, we find that all statistically significant...

High food prices have put increasing inflationary pressures across the Asia-Pacific region and threatened food security. Bad weather in important food-producing countries and speculation in commodity markets have affected global food supplies and added volatility to booming commodity markets...

This study applies the bootstrap panel causality test proposed by Kónya (2006), which accounts for both dependency and heterogeneity across countries, to test the causal link between population growth and economic growth in 21 countries over the period of 1870-2013. With regards to the...

The present study deals with an empirical investigation between CO2 emissions, energy intensity, economic growth and globalization using annual data over the period of 1970- 2010 for Turkish economy. We applied unit root test and cointegration approach in the presence of structural breaks. The...