The ecological ICMS was first used to distribute a share of the ICMS revenue in the state of Parana in 1991. This pioneer experience originated from counties’ claims which argued that their economies were harmed by land use restrictions, mainly because they were watershed protection areas or...

This paper derives several Lagrange Multiplier statistics and the correspondinglikelihood ratio statistics to test for spatial autocorrelation in a fixed effectspanel data model. These tests allow discriminating between the two main typesof spatial autocorrelation which are relevant in empirical...

We attempt to introduce human capital externality and endogenous laborleisure decision into the analytical framework constructed by Uzawa (1965) and Lucas (1988) simultaneously, so as to explore the internal relationship among endogenous labor supply, human capital externality and sustainable...

This paper examines the panel data models when the regression coefficients are fixed, random, and mixed, and proposed the different estimators for this model. We used the Mote Carlo simulation for making comparisons between the behavior of several estimation methods, such as Random Coefficient...