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Is Zimbabwe More Productive Than the United States? Some Observations From PWT 8.1
In Penn World Table (PWT) 8.1, several developing countries stand out as outliers
with high total factor productivity (TFP) levels relative to the United States (U.S.).
For example, in 2011, Zimbabwe and Trinidad and ...
How do empowerment and self-determination affect national health outcomes?
There remains a persistent gap in health outcomes between wealthy and poor countries. Basic measures such as life expectancy, infant and child mortality remain divergent, with preventable deaths being unacceptably high, ...
Measuring aid effectively in tests of aid effectiveness
In the extensive empirical literature on aid effectiveness, aid is always measured as a share of GDP. However, measuring aid in real dollars per capita is also consistent with standard growth theory. We show that the choice ...
What Explains Changes in the Level of Abuse Against Civilians during the Peruvian Civil War?
Using a new monthly time-series data set, we explore the factors associated with variations in the number of civilians killed or wounded by participants in the civil war in Peru during the 1980s and 1990s. We find that an ...
Newspapers and advertising: The effects of ad-valorem taxation under duopoly.
Newspapers are two-sided platforms that sell their product both to readers and advertisers. Media firms in general, and newspapers in particular, are considered important providers of information, culture and language in ...
Monetary exchange with multilateral matching
This paper analyzes monetary exchange in a search model allowing for multilateral matches to be formed, according to a standard urn-ball process. We consider three physical environments: indivisible goods and money, divisible ...
An empirical investigation of the Maslov limit order market model
Modeling of financial market data for detecting important market characteristics as well as their abnormalities plays a key role in identifying their behavior. Researchers have proposed different types of techniques to ...
Pharmaceutical patent extensions in New Zealand 1953 - 1995
In 1994 to comply with the World Trade Organisation’s intellectual property harmonisation requirements, the New Zealand parliament introduced the Patents Amendment Act. Amongst a wide range of adjustments this legislation ...
The impact of US fresh milk production standards on dairy trade
We analyse the impact of proposed changes in US legislation to allow greater use of dairy concentrate products in the production of fresh milk products. This change could potentially have a large impact on dairy trade as ...
Which Institutions are Good for Your Health? The Deep Determinants of Comparative Cross-country Health Status
We extend the literature on the deep determinants of economic development by focusing on life expectancy, instead of income per capita, as an indicator of economic development, and by examining the role of informal, as ...