The two-stage least squares approach together with quantile regression analysis is adopted here to estimate the educational production function. Such a methodology is able to capture the extreme behaviors of the two tails of students' performance and the estimation outcomes have important policy...

This paper compares the impacts of SARS and human deaths arising from Avian Flu on international tourist arrivals to Asia. The effects of SARS and human deaths from Avian Flu will be compared directly according to human deaths. The nature of the short run and long run relationship is examined...