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This paper offers methodological comments on a recent (November 2014) Economic Journal article. The comments consider its use of a dynamic model - the inclusion of a lagged dependent variable - and its approach to estimation. By way of critique, the authors highlight general issues regarding...
Persistent link: https://www.econbiz.de/10011420122
This empirical study is based on nationally representative cross-sectional survey data gathered to investigate the effect of ethnic diversity on individual and household economic performance in Bosnia and Herzegovina (BiH). The complexity of this relationship in the context of this post-conflict...
Persistent link: https://www.econbiz.de/10011708160
In the 1980s, the unresponsiveness of trade flows to exchange rate swings inspired models in which sunk costs in combination with exchange rate instability generate trade hysteresis, meaning that temporary exchange rate misalignments have a persistent effect on trade. This paper furnishes an...
Persistent link: https://www.econbiz.de/10009227466
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In the 1980's, the unresponsiveness of trade flows to exchange rate swings inspired models in which sunk costs in combination with exchange rate instability generate trade hysteresis, meaning that temporary exchange rate misalignments have a persistent effect on trade. This paper furnishes an...
Persistent link: https://www.econbiz.de/10005762909
Pugh G. and Fairburn J. Evaluating the effects of the M6 Toll road on industrial land development and employment, Regional Studies. The paper reports the first evaluation of the wider economic effects of the M6 Toll, the UK's first toll motorway. Methodologically, it contributes to the...
Persistent link: https://www.econbiz.de/10008603692