We examine the effect of bilateral trade in a concentrated industry under Cournot competition, when firms are regulated by national agencies who care about national social welfare. We allow for differences in costs and market sizes, and for asymmetric information between regulatory agencies and...

The authors address the question of whether the volume of manufacturing trade between Norther Ireland and the Republic of Ireland is more or less than might be expected in the light of international experience. They estimate a gravity equation for bilateral trade between 28 developed countries...

This empirical study examines the impact of agricultural reforms on the cotton sector of Tajikistan. It investigates the level and determinants of technical efficiency for a sample of cotton growing regions in Tajikistan. Using unbalanced panel data of 11-years covering the transition period...

This paper investigates the role of social learning in the diffusion of a new agricultural technology in a developing country: Ghana. We use unique data on farmers' communication patterns to define each individual's information neighborhood, the set of others from whom he might learn. Our...

A threefold analysis of commodity prices is carried out to observe their long-run behaviour, their short-run properties and the main determinants. According to the evidence, the Prebisch-Singer hypothesis does not seem to be a property of most prices. The cycles of commodity prices are...

Genel olarak gelişmiş ülkelerde enerji tüketim düzeyi gelişmekte olan ülkelere göre yüksek olmakla birlikte özellikle sanayiide, kullanılan enerji değerinin katma değere veya çıktıya oranı olarak tanımlanan enerji yoğunluğu düşme eğilimi göstermektedir. Buna karşın...

Foreign investors are expected to contribute to economic development through a variety of channels. However, many foreign investment operations are small, and almost insignificant in their impact on the local environment. An important indication of the potential contribution of foreign investors...

The purpose of this paper is to examine whether the decline in environmental quality in India, China and Brazil is due to release of toxic gases which is an effect of high energy consumption? If so, the increase in energy consumption is due to rapid economic growth led by industrialization? Also...

The ability to cooperate in collective action problems ・such as those relating to the use of common property resources or the provision of local public goods ・is a key determinant of economic performance. In this paper we discuss two aspects of collective action problems in developing...

The main purpose of this paper is to analyze one important part of the emerging environmental problems in China--- water pollution. The importance of water for any nation is obvious. In case of China it acquires particular salience because of China’s industrial needs as well as human needs....