Use of an OECD basis of growth determinant to select the most appropriate model for explaining GDP per capita levels. The data basis was analysed by standard econometric techniques but the "best" models were selected by Bayrsian techniques using the Metropol-lis *Hastings methodGiven the high...

In January 2005 the European Union launched the European Emission Trading Scheme (EUETS) which represents the main policy instrument to achieve the EU Kyoto commitments. The sphere of application of the market is limited, with only certain sectors being subject to it (mostly industries), and...

The international Monitory Fund (IMF) has been working with Sudan since 1997 to implement macroeconomic reforms including a managed float of the exchange rate (EXR). The IMF sees the EXR flexibility as key to safeguard and rebuild foreign exchange reserves and essential to meet the international...

A conceptual reflection will be carried out and a practical and methodological guide will be provided to the work undertaken with the aim of updating for 2005 a Social Accounting Matrix (SAM) constructed for 2001 as a database for a Computable General Equilibrium (CGE) model for the Azores. The...

The objective of the current paper is to analyze the impact of the European Union (EU) funds on gross domestic product (GDP) and employment in the Azores. The theoretical model is based on a modeling platform for the Azorean economy, supported by a dynamical multi-sector computable general...

The market sistem is recognized as the most efficient way to organize a modern and dynamic economy. European Single Market and the Internal Market is today the largest market in the world. The European Union produces over 30% of global GDP, thus becoming a leading player globally. Single Market...

The relationship between investment in public infrastructure and growth has become a pervasive theme in the theoretical and empirical literatures on economic growth in both developed and developing countries alike. Much of the recent debate on the means to reduce persistent poverty in developing...

It is through a United-Nations initiative and as part of the Millennium Development Goals that Senegal launched in 2000 the "Development Program for Education and Formation" (PDEF). Among others, this educational reform affected the sector of higher education. The purpose of this paper is to...

This paper provides evidence that bridging and bonding social capital as well as social trust may interdependently affect individuals' earnings and subjective well-being. Paper is based on cross-sectional World Values Survey 2000 data on individuals from Central and Eastern European countries...

Vietnam is planning to implement a new environmental tax law in 2012. The objective of the study is to provide a predictive quantitative evaluation of the impacts of the proposed draft environmental tax law of Vietnam on producer and user prices, sectoral output and employment, the commodity...