We find a U-shaped relation between happiness and religiosity in cross-country panel data after controlling for income levels. At a given level of income, the same level of happiness can be reached with high and low levels of religiosity, but not with intermediate levels. A rise in income causes...

While it is widely agreed that Purchasing Power Parity (PPP) holds as a long-run concept the specific dynamic driving the process is largely build upon a priori economic belief rather than a thorough statistical modeling procedure. The two prevailing time series models, i.e. the exponential...

The country [New Zealand] has been an active participant in multilateral trade negotiations. In those negotiations it has developed a style and stance of its own. This study is an investigation of that style and stance, or more broadly an investigation of aspects of the manner in which New...

The current WTO agricultural trade negotiations began in March 2000, and became part of the Doha Round in late 2001. The previous Uruguay Round reached agreements in the areas of market access, export competition and domestic support. The current Round is seeking agreements under similar...

[...] In the final analysis the RTR is potentially a sound and useful measure for providing an indication of the relative effects of border protection. If offers interesting dynamic possibilities should the measure be updated annually, although the resource cost involved in widening the scope of...