In an increasingly integrated world, falling trade barriers mean that the role environmental regulations play in shaping a country's comparative advantage is greater than ever. This has lead to fears that "dirty" industries will relocate to developing regions where environmental regulations may...

Empirical studies show that the fertility rate (mortality rate) exhibits an inverted u-shaped dynamic in some countries, while it decreases monotonically in other countries. This paper formulates the concept of public health infrastructure and constructs a growth model that replicates various...

The literature on mixed oligopoly does not consider the strategic interaction between governments when they decide whether to privatize their publicly-owned firms. In order to analyze this question, we consider two countries and assume that publicly-owned firms are less efficient than private...

We explore the impact of macroeconomic volatility on the distribution of income. Using a cross-section of developed and developing countries, we find that greater output volatility, defined as the standard deviation of the rate of output growth, is associated with a higher Gini coefficient and...

This paper examines the earnings determinants of the self-employed and wage earners in Hungary in the mid-1990s, taking into account two forms of selection: selection into working or non-working for every individual in its sample and selection into self-employment or wage-earning jobs for...

This paper sets out a duopolistic model to examine the price and welfare equivalence of tariffs and quotas, given the quota rent is equal to the tariff revenue. It shows that the domestic welfare ranking of the two trade policies crucially depends on the relative costs of the domestic and...

The authors calibrate two static computable general-equilibrium (CGE) models with 16 and 5999 representative households. Aggregated and disaggregated household categories are consistently embedded in a 2000 social accounting matrix (SAM) for Vietnam, mapping on a one-to-one basis. Distinct...

This paper studies the interactions between uncertainty, investment and economic growth. Utilizing panel data for a sample of 59 industrial and developing countries between 1966 and 1992, we estimate reduced form equations to explore the possible effects of uncertainty on economic growth and...

Although availability of quantitative information on the extent of HIV/AIDS in Africa is improving, the socio-economic implications of the epidemic remain poorly understood. This paper explores this issue for Uganda focusing on households who received foster children between 1992 and 2000, a...

The last decade has witnessed an accelerating adoption of AD laws by LDCs and their increasing usage against developed countries. Our model of third degree price discrimination with heterogenous consumers that have differing preferences for quality in the two countries suggests that this is...