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Technological innovation for defence-related purposes has often facilitated major advances of socio-economic significance well beyond the defence sector. In the post-Cold War era, government spending on military research and development (R&D) is falling around the world but for Australia, the...
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The Handbook on the Economics of Conflict conveys how economics can contribute to the understanding of conflict in its various dimensions embracing world wars, regional conflicts, terrorism and the role of peacekeeping in conflict prevention.
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We suggest two nonparametric approaches, based on kernel methods and orthogonal series, respectively, to estimating regression functions in the presence of instrumental variables. For the first time in this class of problems we derive optimal convergence rates, and show that they are attained by...
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The traditional treatment of economies of scale ignores the complexity of manufacturing processes and is inadequate for an analysis of the impact of technological change. Complexity in manufacturing processes results, inter alia, from the multi-product capabilities of production facilities and...
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