Coal is the primary source of energy and predominantly used for electricity generation in India. For an emerging economy like India, the demand-supply gap is widening in Coal sector with economic growth. Considering both sides of market, we establish long run dynamics between economic growth,...

In reviewing the population policy in 1984, Malaysian government called for a major shift from family planning to family and human resource development to achieve an ultimate population of 70 million by 2100. However, regardless of the government’s initiatives since the 1984, Malaysia’s...

This paper investigates the policy issue of whether schooling scholarships tend to decrease the incidence and intensity of child labor. The issue is examined in the particular country context of Nepal where child labor is not uncommon. Using data from the 2010 Nepal Living Standards Survey III...

Based on panel data of 1891 Chinese listed companies over the period 2008-2013, we find a positive correlation between the companies’ philanthropic giving and their ability to obtain bank loans in the subsequent year. This result suggests that corporate philanthropy can be usefully seen as an...

This paper studies the relationship between three measures of relative earnings and firm performance based on data of 664 listed manufacturing companies in China over the period 2005-2012. It finds that (1) capital earnings relative to labor earnings and the overall average wage level relative...

This study contributes to an important, but under-researched, topic on China by empirically examining the theory of compensating wage differentials for occupational risks in urban labour markets. Drawing on two datasets – one national for all workers and one from the Pearl River Delta for...

This paper develops a simple accounting framework to measure the extent of labor misallocation in Chinese provinces over the period 1980-2010. It also investigates possible factors that influence labor misallocation. The main findings are: (1) the extent of labor misallocation fell substantially...

We examine the extent to which individual donors are warm glow or altruistic givers and whether this distinction motivates giving decisions, particularly paternalism. Results from our experiment suggest that motivations for giving are heterogeneous, ranging from pure altruism to impure altruism...

We study the effects of school autonomy using a randomized natural experiment in Seoul. Private and public schools subject to the equalization policy in Seoul admit students assigned randomly to them, receive equal government funding, charge identical fees, and use similar curricula, while...

We apply a unit root test that allows for heteroskedasticity and two structural breaks to daily data for natural gas spot and futures prices. In contrast to previous findings, the main result is that natural gas spot and futures prices are mean reverting. More generally, the results emphasize...