The determination of the causal pattern among inflation, money growth, and exchange rate has important implications for policymakers regarding appropriate stabilization policies in developing economies. Using Congolese data where the pace of broad money growth and hyperinflation (23,760% annual...

Studies in the microeconometric literature increasingly utilize distance to or time to reach markets or social services as determinants of economic issues. These studies typically use self-reported measures from survey data, often characterized by non-classical measurement error. This paper is...

Prices differ across space: from province to province, from rural (or urban) areas in one province to rural (or urban) areas in another province, and from rural to urban areas within one province. Systematic differences in prices across a range of goods and services in different localities imply...

This paper discusses how the use of ICT contributes to economic growth and how it is measured. It also provides an insight of results from past studies carried out to confirm the productive relationship between the two (ICT and economic growth). An indication of proposed future research that...

Innovative materials, components, and systems based on micro and nanotechnologies are recognized as promising growth innovators. The coming years the commercialization of micro and nanotechnology will be extended, but in order to commercialize micro and nanotechnology successfully, besides...

How does aid affect recipient country economic performance? This study looks at programme aid (import support, budget support and debt relief) in nine countries (Bangladesh, Cape Verde, Ghana, Mozambique, Nicaragua, Tanzania, Uganda, Vietnam and Zambia), showing how aid has had an impact on both...

Vengono presentati I principali meccanismi di incentivazione in Italia ed in alcuni paesi europei, in termini sia di descrizione delle iniziative che di analisi del loro impatto in termini di investimenti complessivi e di nuova occupazione. Per I singoli strumenti proposti vengono presentati...

Recent literature contains many stories of how foreign aid affects economic growth. All the stories hinge on the statistical significance in cross-country regressions of a quadratic term involving aid. Among the stories are that aid raises growth (on average) 1) in countries where economic...

The added worker effect states that unemployment of a household member leads to an increase in labour supply of another household member. This paper investigates whether there is such an effect in a developing country. We use a rich data set for urban Ethiopia. We first give a brief description...