This paper tests the growth model of distance to the technological frontier, which states that the closer an economy is to the frontier, the higher the relative importance of innovation relative to imitation as a source of productivity growth. Hence, an economy closer to the technological...

This paper investigates the effect of applying gender quotas on policy decisions. I first examine the effect of gender quotas on the representation of female legislators, study the correlation between gender quotas and different types of government expenditures, and then use quotas as an...

This paper investigates the influence of women in politics on decision-making using public educational expenditures as the outcome of interest. The results suggest that an increase in the share of female legislators by one percentage point increases the ratio of educational expenditures to GDP...

Purpose – Given that female candidates benefit more from an election based on a proportional representation system as opposed to a plurality system and the extent of corruption may not change much across a crude classification of electoral systems, this study attempts to connect the level of...

Using samples of 25 emerging market countries (EMCs) and 22 industrial countries (ICs), we derive currency misalignment from estimating the equilibrium exchange rate based on the purchasing power parity theory and by considering the Balassa–Samuelson effect. We then examine factors affecting...

A good harvest usually leads to a collapse of agricultural prices since the price elasticity of agricultural products is relatively low. To stabilize the market and protect farmers, many countries have introduced a target zone policy, together with product purchasing or price subsidy strategies....

While the burning of fossil fuels produces large amount of CO2 and damages the environment, the production and consumption of green power emit less CO2 and benefit the environment, such as refining agricultural wastes as bioenergy. However, the share of green power to total energy tends to be...