Competition for the ground water resource is often intense, but little attention is sometimes paid to the values derived from extra-market uses of the resource. This paper presents the results of two valuation studies undertaken in New Zealand. One study assesses the values obtained by the...

Distribution free statistics are employed to investigate biennial income per capita convergence across 52 Spanish provinces over the period 1955-1997. Based upon ideas of concordance and discordance that capture convergence and divergence properties, the paper presents results that suggest...

We present a new model to test the convergence hypothesis based on the ideas of concordance and then employ the model to test empirically for GDP per capita convergence across 97 countries. Our results suggest the presence of switching, while there is more ‘strong divergence’ than ‘strong...

Economists use various measures to account for the affect of poverty, welfare or health on economic growth but there is a lack of understanding of the movement of such variables over time and whether countries experiences similar trends. This paper presents an analysis of life expectancy across...

Two simple but seemingly profitable betting rules for betting on the away win in association football are developed. One rule is consistent with avoiding those games in which there is a clear favourite. The second rule is based directly on modelling bookmaker odds and assessing the residuals...

This paper examines the use of location quotients (LQs) in constructing regional input-output models. Its focus is on the augmented FLQ formula (AFLQ) proposed by Flegg and Webber, 2000, which takes regional specialization explicitly into account. In our case study, we examine data for 20...

The convergence literature frequently presupposes some unidentified steady state distribution. This paper presents a new method to identify the presence and rate of convergence to a steady state distribution. The method is illustrated with application to UK regional male wages.

This paper presents a “broken stick” method to test for structural breaks in a regression model. The method is illustrated using output data across the EU and the results are bootstrapped to identify statistical significance.

Abstract: Papers examining a developed nation’s labour productivity frequently ignore spatial effects. We present empirical results indicating that geographical proximity matters for plant-level productivity.