States and their local governments vary both in their needs to provide basic public services and in their abilities to raise revenues to pay for those services. A joint study by the Tax Policy Center and the New England Policy Center at the Federal Reserve Bank of Boston uses the Representative...

The focus of this article is to apply a Cobb Douglas production function for the theater, offering information about the production process of an industry that is publicly sustained. This application concludes that there are no increasing returns, and therefore there is no reason to believe that...

The focus of this article is to apply a Cobb Douglas production function for the theater, offering information about the production process of an industry that is publicly sustained. This application concludes that there are no increasing returns, and therefore there is no reason to believe that...

In the standard neoclassical model consumers use all the available information and the demand for goods depends exclusively on preferences and prices whereas other spurious information do not play any role. In the market for books, we investigate if – in contrast to the standard model – the...

Water pollution is a chronic crisis in Sudan that is rarely researched. However, it is combined with scarcity, disputes and uncertainty. In the current paper we introduce its concepts with emphasis on the growing problems of pollution combined with scarcity. A Case study of the growing problem...

Since 1950s, most African nations have gained independence from their colonial powers. Fortunately, independence has brought many changes to these nations and these include multi-party democratic government and western education systems. Unfortunately, the Africa's economy is the least developed...

We examine how international variation in corporate future-oriented behavior, such as corporate social responsibility (CSR) and research and development (R&D) investment, could partially stem from characteristics of the languages spoken at firms. We develop a future-time framing perspective...