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The Granger-Causality between Transportation and GDP: A Panel Data Approach

Beyzatlar, Mehmet Aldonat; Karacal, Müge; Yetkiner, I. … - 2012

This study investigates the Granger-causality relationship between real per capita GDP and transportation of EU-15 countries using a panel data set covering the period 1970-2008. Our findings indicate that the dominant type of Granger-causality is bidirectional. Accordingly, we conclude that...

Persistent link: https://www.econbiz.de/10011807213

Asymmetric effects and long memory in the volatility of Dow Jones stocks

Scharth, Marcel; Medeiros, Marcelo C. - 2006

Does volatility reflect a continuous reaction to past shocks or changes in the markets induce shifts in the volatility dynamics? In this paper, we provide empirical evidence that cumulated price variations convey meaningful information about multiple regimes in the realized volatility of stocks,...

Persistent link: https://www.econbiz.de/10011807356

Electoral rules, political competition and fiscal spending: regression discontinuity evidence from Brazilian municipalities

Chamon, Marcos; de Mello, João M. P.; Firpo, Sergio - 2008

We exploit a discontinuity in Brazilian municipal election rules to investigate whether political competition has a causal impact on policy choices. In municipalities with less than 200,000 voters mayors are elected with a plurality of the vote. In municipalities with more than 200,000 voters a...

Persistent link: https://www.econbiz.de/10011807383

Organization and Information in the Fight against Crime: An Evaluation of the Integration of Police Forces in the State of Minas Gerais, Brazil

Soares, Rodrigo R.; Viveiros, Igor - 2010

This paper explores the experience of information sharing, coordination, and integration of actions of the Civil and Military Polices in the state of Minas Gerais, Brazil, in the context of the IGESP program. The IGESP is based on the introduction of information management systems and...

Persistent link: https://www.econbiz.de/10011807406

Access to justice and entrepreneurship: evidence from Brazil’s Special Civil Tribunals

Lichand, Guilherme; Soares, Rodrigo R. - 2011

Entrepreneurship is usually indentified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the development of the justice system. This...

Persistent link: https://www.econbiz.de/10011807415

Spillovers from Conditional Cash Transfer Programs:Bolsa Família and Crime in Urban Brazil

Chioda, Laura; de Mello, João Manoel Pinho; Soares, … - 2012

This paper investigates the impact of Conditional Cash Transfer (CCT) programs on crime. Making use of a unique dataset combining detailed school characteristics with time and geo-referenced crime information from the city of São Paulo, Brazil, we estimate the contemporaneous effect of the...

Persistent link: https://www.econbiz.de/10011807423

Does Capital Account Openness Lower Inflation?

Gupta, Abhijit Sen - 2007

This paper investigates the relationship between capital account openness and inflation since the 1980s. It argues that widespread capital account liberalization during the last two decades appears to have contributed to the worldwide disinflation observed during the same period. The paper...

Persistent link: https://www.econbiz.de/10011807598

OECD Agricultural Trade Reforms Impact on India's Prices and Producers Welfare

Mittal, Surabhi - 2007

equilibrium analysis. The four parts of this approximation are: first, the estimation of the world price effect of removal of OECD … (Organisation for Economic Co-operation and Development) distortions; second, estimation of the effects of changes in world prices … on domestic prices through a price transmission model; third, estimation of the impact on domestic production through a …

Persistent link: https://www.econbiz.de/10011807602

India in the Global and Regional Trade: Determinants of Aggregate and Bilateral Trade Flows and Firms' Decision to Export

Srinivasan, T. N.; Archana, Vani - 2009

This paper contributes to two strands of literature on empirical models of trade flows and trade policy. The first and the older strand is that of gravity models of bilateral trade flows going back to Hans Linneman (1966) and Tinbergen (1962) and its recent applications, particularly by Adams et...

Persistent link: https://www.econbiz.de/10011807638

Drivers of Academic Research and Patenting in India: Econometric Estimation of the Research Production Function

Ray, Amit Shovon; Saha, Sabyasachi - 2010

In this paper we attempt to provide a comprehensive understanding of the drivers of academic research and patenting in India. Academic research is conceptualised as a research production process where research inputs (like research time and number of research scholars) are transformed into...

Persistent link: https://www.econbiz.de/10011807653