This research advances the hypothesis that natural land productivity in the past, and its effect on the desirable level of cooperation in the agricultural sector, had a persistent effect on the evolution of social capital, the process of industrialization and comparative economic development...

This article presents, first, a graphical analysis of the well-known equality of saving and investment for the cases of Spain and the Eurozone between 2000 and 2011. Then, correlation and Granger causality between government deficit and private deficit in both economies is analyzed. Since public...

A Country is a predefined territory, where people live along with the nature and other living species. A Nation is with registered and identified group of people as the citizens. Each living group in a nation is identified as a Household. Poverty is the inability to buy the Basic Needs by a...

We explore the long run impact of policy on the level of economic activity through changes in the vintage distribution of capital, in a model where different vintages coexist in production. Because firms can choose the vintage of capital in which they invest, investment subsidies do not in...

This paper examines trade performance of climate friendly goods using some trade indices for India and other Asian countries during 2002 - 2008. Climate friendly goods (CFG) are those goods which have less harmful to environment. Paper identifies India’s performance in CFG trade with other...

We use US county level data (3,058 observations) from 1970 to 1998 to explore the relationship between economic growth and the extent of government employment at three levels: federal, state and local. We find that increases in federal, state and local government employments are all negatively...