Increased wage inequality has been a sensitive policy issue in OECD economies in recent decades. A shortcoming in the literature investigating its causes, especially with regard to the role of new technology, is that ...

Using data from the New Zealand dairy industry for the year 1993, this paper estimates farm-specific technical efficiencies and mean technical efficiency using three different estimation techniques under both constant ...

Multinational firms may enter a market by different modes of foreign direct investment (FDI). This paper endogenizes both the mode and the size of FDI. It shows that the credibility of greenfield investment decides on the ...

Marine reserves have increasingly been recognised for their potential to address the pervasive problem of unsustainable harvest of fisheries worldwide. Abalone catch around Stewart Island has been in decline since the turn ...

Robust estimation of the impact of political institutions on economic development requires the identification of valid instruments for institutional quality. Acemoglu et al. [2001] introduced the use of colonial settler ...

In tackling data mining and pattern recognition tasks, finding a compact but effective set of features has often been found to be a crucial step in the overall problem-solving process. In this paper we present an empirical ...

Rapid changes in the business environment call for more flexible and adaptive workflow systems. Researchers have proposed that Workflow Management Systems (WfMSs) comprising multiple agents can provide these capabilities. ...

Using a bioeconomic model with two separate forms of uncertainty (a diffusion process and a jump process) a perturbation method is used to determine optimal reserve size for a harvested population with density-dependent ...

The extent to which rising wage inequality in developed nations can be attributed to increased North-South trade has been a contentious issue over the last 20 years or so. We contribute to the debate by outlining a new ...

The present study uses a production function and an alternative empirical strategy to investigate the importance of human capital on the level and growth of output by focusing on a single region, namely East Asia. The ...