The relation between a vibrant research community in improving the economic outlook of an individual country has been demonstrated for some time [1]. Countries around the world are rapidly expanding their research bases, albeit unevenly [2]. Over and above their involvement with their own research, the challenges for such communities include generating an educated cohort of graduates, who are c...

I thank Claire Black and Wei-Jang Huang for assistance in preparing this paper. I appreciate the comments of George Erickcek on a preliminary version of this paper. This paper was previously presented on November 20, 2009 at the 57th Annual Economic Outlook Conference of the Research Seminar in Quantitative Economics (RSQE) at the University of Michigan. I appreciate comments and questions for ...

In its latest “Science, Technology and Industry Outlook,” the OECD has called attention to the rapid rise of China’s research and development expenditures and the likelihood that Chinese spending on R&D will surpass that of the US in the not-too-distant future. A growing number of indicators point to rapidly improving capabilities in Chinese science and technology, suggesting that expenditures ...

The aim of this paper is to empirically highlight some important worldwide differences in the impact of privatization of the fixed-line telecommunications operator on network expansion, tariffs, and efficiency during the 1985-2007 period for a large panel of countries. The countries considered are first regrouped into OECD and non-OECD countries. Then, the non-OECD countries are classified into...

The 15th Annual Conference of the Mineral Economics and Management Society will take place in Golden Colorado, April 19 -21, 2006. This year’s theme focuses on one of the most critical issues facing mining and minerals – the issue of energy. Entitled “Mining Energy Outlook: Economic Barriers and Solutions to Energy Issues in Mining”, the conference will look at energy through three lenses impor...

The relation between a vibrant research community in improving the economic outlook of an individual country has been demonstrated for some time [1]. Countries around the world are rapidly expanding their research bases, albeit unevenly [2]. Over and above their involvement with their own research, the challenges for such communities include generating an educated cohort of graduates, who are c...

Compliance with social norms requires neural signals related both to the norm and to deviations from it. Recent work using economic games between two interacting subjects has uncovered brain responses related to norm compliance and to an individual's strategic outlook during the exchange. These brain responses possess a provocative relationship to those associated with negative emotional outcom...

The present study investigated the inflation growth nexus in the context of BRICS countries. The study used time series data covering from the period 1980 to 2012. The data sources are cumulated from the World Bank, World Economic Outlook (WEO). The empirical findings of the study indicate that a long run positive relationship between inflation and economic growth only for China and South Afric...