Based upon the results of a national survey conducted in Taiwan, this study investigates the effects of volunteering on life satisfaction. We used a univariate ordered probit model and a simultaneous bivariate ordered probit model to compare the potential endogeneity between volunteering and...

We study how the levels of market price and price dispersion are associated with consumers兵 search costs and the level of competitiveness in the online market using data collected from the online book industry in Taiwan. Our empirical results show that prices and price dispersion are lower for...

This paper presents a modified Helpman model (1998) with an added tradable agriculture good, and modifies the manufacturing production function according to Forslid and Ottaviano (2003) to identify all possible spatial configurations of a two-region economy. Moreover, the current work neatly...

In order to analyze the optimal degree of privatizing an upstream public firm, this paper sets up a vertically related market that consists of an upstream mixed oligopoly with one public firm and m private firms and a downstream oligopoly with n private firms. The major findings of this paper...

In this paper we propose a modification of the Dynamic Theil's Entropy that considers the inequality in the whole population. We decompose it into three addends and we show how to compute them within a Markov model of income evolution. In this way the income inequality can be measured in the...

This study has provided the first econometric evidence that the loss of land (due to urbanization and industrialization) has no impact on the probability of a household belonging to a particular income group (poor, middle class or rich) in Hanoi's peri-urban areas, Vietnam. The result also...

This paper extends Romer's (1990) endogenous growth model by incorporating the heterogeneity of skills among workers. Based on this heterogeneous characteristic, our model has an endogenous labor allocation mechanism determined by the shape of the skill distribution of the workers. Workers are...