The existing literature argues that both higher levels of political and economic development can dampen real GDP growth volatility. The problem, however, is that both forms of development are thought to be highly correlated. Using a dataset of 94 countries, we address this problem and find that...

This paper looks at the effects on trading partners that are included and not included in a Regional Free Trade Agreement (RFTA). Using the system GMM methodology, we consider six control variables to determine whether the volatility is more pronounced in non-RFTA countries (Type 1) or countries...

Winter wheat can be managed to produce a substantial quantity of high quality fall-winter forage. Wheat producers may lease the grazing rights to livestock producers. This system generates income from both forage and grain, but results in a lower expected grain yield than wheat managed to...

FIRST, WE WOULD LIKE TO APOLOGIZE TO JIH CHANG AND RATI Ram for the tone of our Comment; we in no way meant to be denigrating. When submitting the paper we had no clue that such offense would be taken. On receiving the response from Chang and Ram and rereading what we said, we can see why...

This paper addresses the specification of the econometric models used in the paper “Level of Development, Rate of Economic Growth, and Income Inequality†by Jih Y. Chang and Rati Ram (2000). We find that when accounting for regional heterogeneity, the Kuznets hypothesis no longer...

Using a survey of 393 employees who were natives and residents of China, Japan, and South Korea, we examined the extent to which employees from different countries within East Asia experience distributive justice when they perceived that their work outcomes relative to a referent other (i.e.,...

There are competing views of how HIV/AIDS affects saving, and to a lesser extent, investment. One argument is that saving is reduced because of the disease; the other is that saving is actually increased. We find that saving is negatively impacted by the disease in poorer countries but increased...

This paper studies various aspects of the increasing role of private investment in the water services and sanitation (WSS) sector in developing countries. We start by surveying the different types of private sector participation (PSP) in the WSS sector, and the share of public and private...