empirical evidence seems to indicate that economic growth has varied inversely with natural resource abundance across countries, in which high natural resources dependent economies experience the low economic growth. this paper first reviews the literature of resources curse and shows that the most important challenges of economic development of iran are those mechanisms that change the blessin...

Constitutions and Economic Development: Evidence from the American Indian Nations This paper presents an empirical examination of economic and institutional development. Utilizing a novel data set on American Indian tribal nations, we investigate how constitutional design affects economic development, while holding the broader legal and political environment fixed. Instrumental variables regres...

A model with leisure production and endogenous retirement is used to explain the declining labor force participation rates of elderly males. The model is calibrated to cross-sectional data on the labor force participation rates of elderly US males by age, their median drop in market consumption and leisure good expenditure share in the year 2000. Running the calibrated model for the period 1850...

The convergence features of an Endogenous Growth model with Physical capital, Human Capital and R&D have been studied. We add an erosion effect (supported by empirical evidence) to this model, and fully characterize its convergence properties. The dynamics is described by a fourth-order system of differential equations. We show that the model converges along a one-dimensional stable manifold an...

This paper develops a model to assess the quantitative effect of entry cost and financial friction on cross-country income and total factor productivity (TFP) differences. The main focus is on the interaction between entry cost and financial friction. The model is calibrated to match establishment-level statistics for the U.S. economy assuming a perfect financial market. The quantitative analys...

this paper introduces discretionary imprecise data in data envelopment analysis (dea) and discusses the efficiency evaluation of decision making units (dmus) with non-discretionary imprecise data. then, suggests a method for evaluation the efficiency of dmus with non-discretionary imprecise data. when some inputs and outputs are imprecise and non-discretionary, the dea model becomes non-linear ...

Stress in financial markets influences economic agents’ behavior by creating uncertainty and changing the expectations. Critical financial stress can lead to financial crisis. Financial crises are among the events always present in the world economy. Iran is not an exception. This paper aims to study the impact of financial stresses on Iran’s per capita GDP. By using ARDL (Auto Regressive Distr...

Achieving the 2030 sustainable development goals (SDGs) in Nigeria requires and inclusive economic growth. There is no consensus among economists on effect of monetary policy The results previous studies growth are mixed. main objective this paper to evaluate order ascertain if can be used achieve SDGs Nigeria. from 1991 2020 was evaluated using ordinary least squares regression model. findings...

one of the biggest problems of using data envelopment analysis for the evaluation of performance is the weakness of the separability for the decision maker units. this problem is generalizable because of the lower quantity of units in comparison with the ¬input and output quantities of the model [1]. this matter considerably reveals itself in the evaluation process of 23 provincial gas companie...

This study assesses the relative performance of Greek equity funds employing a nonparametric method, specifically Data Envelopment Analysis (DEA). Using an original sample of cost and operational attributes we explore the effect of each variable on funds' operational efficiency for an oligopolistic and bank-dominated fund industry. Our results have significant implications for the investors' fu...