Nature protection across countries: Do size and power matter?

Marine reserves: size and age do matter.

Marine reserves are widely used throughout the world to prevent overfishing and conserve biodiversity, but uncertainties remain about their optimal design. The effects of marine reserves are heterogeneous. Despite theoretical findings, empirical studies have previously found no effect of size on the effectiveness of marine reserves in protecting commercial fish stocks. Using 58 datasets from 19...

Do monetary policy shocks matter in the G-7 countries? Using common identifying assumptions about monetary policy across countries

This paper suggests an identified VAR model that identifies monetary policy actions for the G-7 countries without encountering empirical puzzles such as the price puzzle and the liquidity puzzle. Using the model, the effects of monetary policy shocks are examined for the postwar period. Monetary policy shocks have significant effects on output in the short run. However, the contribution of mone...

Why Do Management Practices Differ across Firms and Countries?

E conomists have long puzzled over the astounding differences in productivity between fi rms and countries. For example, looking at disaggregated data on U.S. manufacturing industries, Syverson (2004a) found that plants at the 90 percentile produced four times as much as the plant in the 10 percentile on a per-employee basis. Only half of this difference in labor productivity could be accounted...

Dark Chocolate and Metabolic Syndrome; Do Polyphenols All that Matter?

ICTs and Education in Developing Countries: Do Policies Matter?