Augmenting the Mankiw, Romer, and Weil (1992) model with a variable for the stock market, this study finds strong support for the stock market augmented model for a cross section of 35 developing economies. In conclusion it is noted that policy measures taken to increase the size, liquidity and...

This paper adds to the extant literature by using cross-country data for about 100 nations to examine the role of historical factors, geographic influences and the government on corruption. Important innovations include considering a wide set of historical, geographical and government...

Recognizing the failure of past interventions to provide water services to all citizens in developing countries, worldwide a reform process of water policies has been initiated. The Indian State of Maharashtra is a front-runner in formulating and implementing such a reform policy. Its policy...

Using longitudinal Canadian data, this paper explores the impact of unemployment on psychological wellbeing. To control for unobserved individual specific heterogeneity, this paper adopted sophisticated econometric techniques. The study suggests that unemployment has significant negative effect...

The energy security situations of many oil-consuming countries have become worse because of greater uncertainty in the world market. This is especially true for developing countries such as China and India, which face greater risks because of their lack of strategic petroleum reserves (SPRs)....

A multicriteria model was formulated in order to study the impacts of different tobacco diversification alternatives on income, employment and environment. It was developed in the context of the research project DIVTOB (Diversification for Tobacco Growing Regions in the Southern European Union),...