This brief article outlines some difficulties as well as benefits in conducting randomized controlled trials in social science settings especially in developing countries. Some of the historical developments are summarized and certain applications in health sciences are discussed from...

This paper considers inference procedures in a system of linear simultaneous equations with errors generated by a vector autoregressive process in situations where the null hypotheses involve the elements of the dispersion matrix of the errors. The problem is approached through the reduced form...

This paper estimated models for GDP growth rates, poverty levels, and inequality measures for the period 1990?2000 using data on 54 developing countries at five-yearly intervals. Issues of globalization were investigated by analysing the differential effects of the countries? exports and imports...

The hypothesis that consumption evolves over time as a martingale process is tested on household panel data for three villages in South India. A novel feature of the methodology is that it gives consistent estimates of dynamic effects in short panels. The estimated coefficients of lagged...