The present study adds a further link to the chain of studies on corruption and capital flows. It is argued here that not only does corruption reduce foreign direct investment inflows to a country, but also different forms of corruption have separately identifiable effects on the variable in question. Using data from Global Competitiveness report of the World Economic Forum, it is manifested in...

The study sets out to assess the link between land leasing behavior and productivity differentials between male and female headed households. A non-cooperative game model with double-moral hazard allowed us to show that landlord’s tenure insecurity leads to sub-optimal level of effort on tenant’s part. The landlord’s enforcement ability is also shown to increase the optimal level of effort. The...

We construct a Kolmogorov-Smirnov test for the null hypothesis that the average treatment effect is non-negative conditional on all possible values of the covariates. The null hypothesis of our interest can be characterized as a conditional moment inequality under the unconfoundedness assumption, and we employ the instrumental variable method to convert the conditional moment inequality into un...

In this paper we explore the application of Generalised Additive Models of Location, Scale and Shape for the analysis of conditional income distributions in Germany following the reunification. We find that conditional income distributions can generally be modelled using the three parameter Dagum distribution and our results hint at an even more pronounced effect of skill-biased technological c...

the growth of regional trade blocks has been one of the major developments in international relations in recent years. regional agreements vary widely but, all have the objective of reducing barriers to trade between member countries that in most cases result in increasingly trade flows and economic growth. this paper attempts to explore the results of trade integration in eco, eu and oic block...

Nowadays, the world economies are rapidly moving towards being more Knowledge-based Economy (KBE) and supporting the force of knowledge as a vital component of economic growth. This recent acceleration in the transition to Knowledge-based Economy in the world, has affected regional economic performance. In this paper, we surveyed the regional convergence in Knowledge-based Economy for selected ...

Growth regressions are often influenced by extreme observations in the sample. We demonstrate the usefulness of a simple Monte Carlo method as a diagnostic for sample robustness. We apply the technique to a data set used by Mehlum et al. (2006), who show that institutional quality is decisive for growth in resource rich countries. Monte Carlo sampling reveals that this result hinges crucially o...

BACKGROUND Opioid-induced constipation (OIC) can be a debilitating side effect of opioid therapy and may result in increased medical costs. The published data on the economic burden of OIC among long-term opioid users are limited. OBJECTIVE To assess the economic burden of OIC in patients with noncancer pain in a managed care population in the United States. METHODS This retrospective study...

We model ‘new ideas’ production in a panel of 17 emerging countries. Our results reveal: (i) ideas production is duplicative, (ii) externality associated with domestic knowledge stocks is of above unit factor proportionality, (iii) OECD countries raise the innovation-bar for emerging countries, (iv) there is no significant knowledge diffusion across emerging countries, and (v) growth in emergin...