This paper is the first of its kind to study quality of life responses of crime victims. Using cross-sectional data from the OHS97 survey of South Africa, we show that victims report significantly lower well-being than the non-victims, ceteris paribus. Happiness is lower for nonvictimized...

La protection juridique des méthodes commerciales liées à Internet est très controversée. Est-il opportun de protéger des biens immatériels ou des idées ? N'est-ce pas menacer durablement le développement de la "nouvelle économie" ? N'est-ce pas brider l'activité inventive et...

Recent studies have focussed on the characteristics and policies of the state to explain the extent and causes of corruption, with little attention paid to the role played by firms. Consequently, the links between corporate governance and national governance have been unexplored. This paper...

This short paper analyzes Namibia's data from 1968 to 1992 in order to determine the role of exports in economic growth. The analysis confirms the general importance of exports, but finds no discernible sign of accelerated growth because of it. There is some evidence supporting the political...

We consider innovation incentives in markets where final goods comprise two strictly complementary components, one of which is monopolized. We focus on the case in which the complementary component is competitively supplied, and in which innovation is important. We explore ways in which the...

This essay develops a transcendental variable elasticity of substitution (Trans-VES) production function in which hypotheses concerning scale, output-input, and substitution, elasticities can be examined. The objective is to determine the impacts of domestic resources on the pattern of economic...

This paper presents estimates of six dimensions of governance covering 199 countries and territories for four time periods: 1996, 1998, 2000, and 2002. These indicators are based on several hundred individual variables measuring perceptions of governance, drawn from 25 separate data sources...

Families in developing countries face enormous financial risks from major illness both in terms of the cost of medical care and the loss in income associated with reduced labor supply and productivity. We test whether access to microfinancial savings and lending institutions helps Indonesian...

Bretton Woods was grounded in the Keynesian view that financial markets are innately too unstable to be given free rein. This view, which also shaped the financial policies of developing countries during the 1st post-war quarter-century, was gradually displaced during the 2nd post- war...