This paper investigates the world economic implications of climate change policy strategies, and particularly evaluates the impacts of an implementation of clean development mechanisms (CDM), joint implementation (JI) and emissions trading with a world integrated assessment model. Of special interest in this context are welfare spill over and competitiveness effects resulting from diverse clima...

Every dictator dislikes free media. Yet, many non-democratic countries have partially free or almost free media. In this paper, we develop a theory of media freedom in dictatorships and provide systematic statistical evidence in support of this theory. In our model, free media allow a dictator to provide incentives to bureaucrats and therefore to improve the quality of government. The importanc...

Over the past several years, research using the Center for International Trade in Forest Products (CINTRAFOR) Global Trade Model (CGTM) and the Terrestrial Ecosystem Model (TEM) has estimated the potential effects of climate change on the global forest sector. The process of linking these two models—many model runs with alternative economic, ecological and climate scenarios—provides useful info...

This research study analyzes child welfare administrations’ influence on the amount of time a child spends as “legally free” for adoption. Data used for this study are from the Adoption and Foster Care Analysis and Reporting System (AFCARS). The sample of 1,604 youth came from the 2005 adoption data. The study finds that youth in state administered child welfare systems spend less time as “lega...

Given the effects of inflation on the decline of household welfare and its impact on production and investment, identifying the factors affecting it in order to adjust inflation and achieve price stability is necessary. Therefore, using the TVP-FAVAR model, which differentiates the fluctuations in factors affecting inflation, we try to identify the effects of different shocks such as liquidity,...

This paper investigates the relationship between neighbourhood ethnic and linguistic heterogeneity and the formation of an individual's local and general trust. A wide literature across economics and sociology has recognised the importance of trust in facilitating economic growth and development and it is therefore important to investigate elements of social organisation that encourage or inhib...

To deepen understanding of the relation between economic development and energy demand, this study estimates the Engel curves that relate per-capita energy consumption in major economic sectors to per-capita GDP. Panel data covering up to 123 nations are employed, and measurement problems are treated both in dataset construction and in estimation. Time and country fixed effects are assumed, and...

Many of the Organization for Economic Cooperation and Development countries use global budgeting to control all or certain portions of their health care expenditures. Although the use of global budgets as a cost-containment tool has not been implemented in the United States in any comprehensive way, recent health care reform initiatives have increased the need for research into such tools. In g...