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This paper uses a large sample of survey data to investigate the empirical determinants of coupon usage. The broad set of control variables allows for comparisons of the relative importance of individual determinants and groups of determinants. We find that the set of variables measuring...
This paper contradicts previous findings of a lack of relationship between government spending and long-run economic growth, arguing that government spending has several opposing effects on growth. The paper focuses on one of these, 'relative wage effects,' whereby government spending reduces...
The identification and interpretation of regional economic structure is addressed by reference to a four region, three sector interregional input-output table for the US for 1982. Using the transactions matrix, a succession of self-influence feedback loops are identified, first at the...
In March 2003, the Southern Common Market (Mercosur) celebrated its twelfth anniversary. In twelve years, the bloc went from a substantially restricted trade structure to a practically free-trade area, with additional efforts in establishing a customs union and progressing toward a common...