It is argued that while considerable development of animal health economics has occurred in recent decades, it has not yet achieved its potential coverage. It has been mostly applied to livestock, particularly livestock used for commerce, and its application to a range of other animals has been...

The preamble to this paper highlights some of the major policy issues facing Vietnam as far as its supply of pork is concerned, in particular, the problem of its demand for pork rising at a faster rate than its supply. Some relevant background to this research project is provided by outlining...

This article provides general background on the development of tourism in Antarctica and environmental concerns raised by it. However, the major part of it reports on and interprets the results from a survey of tourists visiting Antarctica on a cruise ship. Particular attention is given to the...

As outlined, recurring concerns have surfaced since the 1700s that economic growth may prove to be unsustainable. These concerns have been expressed again and have intensified in recent decades but their foundation differs from that of Malthus. The rapid economic growth of China and India have...

In the wake of the recent global financial crisis central banks and regulators are concerned about redirection of bailout funds into dividends. Yet, we do not know much about the extent banks follow dividend policies and funding decisions optimal to generating shareholders? wealth because banks...

Users of data envelopment analysis (DEA) often presume efficiency estimates to be robust. While traditional DEA has been exposed to various sensitivity studies, network DEA (NDEA) has so far escaped similar scrutiny. Thus, there is a need to investigate the sensitivity of NDEA, further...

Hedonic housing price indices are computed from estimated hedonic pricing models. The commonly used time dummy hedonic model and the rolling window hedonic model fail to account for changing consumer preferences over hedonic characteristics and typically these models do not account for the...

Income volatility is studied as a component of economic insecurity using recent data from the Cross National Equivalence File (CNEF). Techniques from the inequality literature are applied to longitudinal household incomes and we refer to the results as measurements of income insecurity. Using...

The meta-frontier framework has been used extensively for evaluating the technical efficiency of heterogeneous production units that can be classified into different groups. This paper shows how the framework can also be used to make total factor productivity (TFP) comparisons within and across...

The Bureau of Labor Statistics measures productivity change using an index formula that fails a transitivity test. This means the Bureau is likely to report productivity changes even when outputs and inputs in different (non-adjacent) periods are identical. I use alternative formulas that i)...