This paper investigates a system of supply, demand, and price equations for Malaysian cocoa using annual data over the period 1975-2008. Theoretically, in supply and demand models, the price variable is treated as endogenous. However, Hausman specification test result indicates that there is no...

In the past several years, labor shortages in China have become an issue. However, there is heated debate as to whether China has passed the Lewis turning point and moved from a period of unlimited supply to a new era of labor shortage. Most empirical studies on this topic focus on estimation of...

To contribute to the economic understanding of alternative food-grain policy options for Morocco, examines the fiscal implications of instituting, in addition to the current soft wheat subsidy, a consumer and producer subsidy in the related markets of hard wheat and barley. Subsidizing the two...

El presente documento explora las principales tendencias de la demanda y de la oferta de educación superior que subyacen a los indicadores antes mencionados. Se analiza la evolución y composición de los postulantes e ingresantes a universidades e institutos de educación superior. Se analiza...

This paper analyses National Health Service R&D as a Samuelsonian public good. It also identifies other characteristics of NHS R&D: supplier-induced demand; information asymmetries; jointness in production of R&D, medical education and health care; multiplicity in research funding sources;...