Using recently developed panel unit root and panel cointegration tests and the FullyModified OLS (FMOLS) methodology, this paper estimates the impact of remittances on the economic growth of selected upper and lower income Latin American & Caribbean countries. Despite a large flow of remittances to the region, there have been relatively few empirical studies assessing the impact of remittances ...

In this paper we use annual panel data, 1870-1910, to estimate and compare the determinants of European emigration to Argentina, Brazil, and the United States. We employ the Hausman-Taylor Instrumental Variable technique, which provides for cross-sectional (country) and temporal (annual) controls, accounts for variables that are potentially correlated with the unobservables, and allows the reco...

Article history: Received 6 March 2013 Received in revised form 22 October 2013 Accepted 22 November 2013 Available online 28 November 2013 We examine the empirical relationship between the institutions of economic freedom and labor shares in a panel of up to 93 countries covering 1970 through 2009. We find that a standard deviation increase in the Fraser Institute's Economic Freedom of the Wor...

Aim/purpose – This paper aims to examine with new empirical evidence the joint rela- tionships between violence, income inequality, and real per capita in a simulta- neous equation framework using worldwide sample at country level. Design/methodology/approach To several simultaneous relationships variables, this study uses Seemingly Unrelated Regression (SUR) Three-Stage Least Squares (3SLS) tw...

Development is a process that is full of uncertainties, and even more so is the process of transition from the planned economy to a market oriented one. Because of the uncertainties and country specificity, development must be a process of learning, selective adaptation, and augmentation and upgrade. This paper attempts to distill lessons from China’s reform and opening up process, and to inves...

Measurement of Globalization and Its Variations Among Countries, Regions and Over Time The process of globalization is an international economic order which has led to the progressive integration of the world economy through the pulling the barrier of trade and greater mobility of factors of production. In addition the technological innovation also provides impetus to the progressive integratio...

Capping of contaminated soft sediments and sludges for in situ containment provides an efficient remediation alternative. Capping design typically involves the use of geosynthetics for multiple functions, e.g., reinforcement, separation, and filtration. Filtration performance becomes a decisive factor for proper long-term performance of a cap. Because of multiple functions required, woven geote...

Slower growth of the labour force and an increase in old-age dependency will reduce the growth of aggregrate output and output per capita in many developed countries. However, a major question is whether there is any systematic link between demographics and the productivity of those who will still be active during the up-coming period of demographic ageing. As productivity is difficult to inves...

A substantial number of patients with heart failure (HF) have preserved left ventricular ejection fraction (LVEF), variably defined as an LVEF O40%, O45%, or O50%. When these patients have invasive or non-invasive evidence of abnormal diastolic function (either abnormal relaxation, filling or stiffness) they are said to have ‘‘diastolic HF’’. Although the term ‘‘HF with normal LVEF’’ is often u...