This paper studies the impact of growth fluctuation on human development indicators using country level panel data between 1980 and 2009. The evidence from mean comparison and regression analysis suggests that, globally and on average, periods of decelerating economic growth are correlated with...

This study examines the empirical hypothesis that there is a negative relationship between terms of trade instability and output growth. The instability in the terms of trade is measured by the price variance of three export commodities for Bolivia. Results confirm the hypothesis that terms of...

Reforming the tax system in Sub-Sahara Africa (SSA) will require a closer look at the individual tax revenue components, not just tax revenues as a whole. The findings in this paper established that tax revenue determinants affect the individual tax revenue components in different ways. In this...

Throughout the turbulence in the international financial system, eastern Caribbean countries have enjoyed remarkable monetary and economic stability. This paper attempts to characterize the types of structural shocks in the Eastern Caribbean Currency Union (ECCU) and other countries in the...

This paper empirically analyzes spillover effects from foreign direct investment using the firm level panel data of Indian manufacturing during 2000-01 and 2009-10. It first estimates the productivity and efficiency of the domestic and foreign firms separately before examining the spillover...

In this study we investigate the magnitude of wage discrimination against women in the Iranian labor market by decomposing the male-female wage differential into differences in human capital and wage discrimination. We use the Oaxaca decomposition model in our econometric investigation. In our...

Over 250,000 farmers have committed suicide in India since the mid-1990s. Studies – both case studies of states and at the individual-level - attribute these deaths to credit crunches in the agrarian sector and increased debt burden among farmers. Most of the farm suicides have, however, taken...

This paper investigates how sub-Saharan African (SSA) countries could harness remittances through formal channels for development using annual data for 35 countries from 1980 to 2008.We control for country heterogeneity, endogeneity and cross-sectional dependence of the error term using the...

Using the International Index of Property Rights, this study explores the relationship between the quality of country level property rights and three measures of diversity: ethnic, linguistic, and religious. Past studies have assumed a linear relationship between various measures of diversity...

This paper investigates the inter-temporal relationship between banking profitability, competition and risk of a sample of Chinese commercial banks by employing several profitability and risk indicators and using Seemingly Unrelated Regression (SUR) under a panel data framework over 2003-2009....