International Advances in Economic Research articles from February 2005

International Advances in Economic Research archives from February 2005

An empirical analysis of the effect of aid on growth.
February 1, 2005... Abstract The fact that so many countries register low per capita income after receiving enormous amounts of foreign aid questions its effectiveness as a tool for economic growth and consequently as an instrument of poverty alleviation. The...

A note on public input specifications.
February 1, 2005... Abstract Public or fiscal policy is sometimes concerned with the provision of some infrastructure. This paper deals with the specification of such infrastructures as public inputs. Among other things, and in contrast to relevant...

Convergence analysis of the structure of social protection financing.
February 1, 2005... Abstract Expenditure on social protection in the European Union (EU) member states has been increasing rapidly over the last decade. To cover the increasing expenses, the countries need to find ways to increase revenues. Social protection...

The hidden structural features of the fiscal rule: a European saga.
February 1, 2005... Abstract This paper addresses the question of the reform of the Stability and Growth Pact (SGP). More and more authors and policymakers are bringing to light the negative impacts of the European deficit rule on the countries and their...

Applied welfare economics with bounded rationality: public policies toward remote sensing.
February 1, 2005... Abstract Earlier experimental evidence indicates that some decision makers under-invest in information when it is costly. This insight is applied to the cost-benefit analysis of the provision of data obtained by satellites. In fields like...

Cost-effective prevention of hip fractures.
February 1, 2005... Abstract The main objective of the analysis in this article is to do a health economic study of a preventive program that may influence the risk of hip fractures for people age 65 and older. The analysis of health promoting measures aimed...

Cuba--is the "special period" really over?
February 1, 2005... Abstract Since 1989, Cuba has struggled to recover from the loss of Soviet trade and subsidies. The Cuban government dubbed the period between 1990 and 1994 "A Special Period in Peacetime" in recognition of the 35% decline in GDP. Instead...

Construction and evaluation of trading systems: Warsaw index futures.
February 1, 2005... Abstract This paper presents and compares 15 trading systems constructed for the Warsaw Stock Exchange futures contracts. These trading systems are constructed applying technical analysis and artificial neural networks (ANN). The...

Mismatches in the Spanish labor market: education vs. competence match.
February 1, 2005... Abstract The accuracy of the match between a worker's talents, skills, and capabilities and those required by his or her job has seldom been addressed in the empirical literature. However, a number of analyses on the match between workers'...

The relationship between macroeconomic variables and relative price variability in Greek agriculture.
February 1, 2005... Abstract The purpose of this paper is to present a measure of relative price variability (RPV) among 53 agricultural products and to explore the relationships between RPV, aggregate inflation rate, and changes in economic activity for the...

How does infrastructure change the relationship between trade and the geographical economy?(Brief Article)
February 1, 2005... In the literature, several authors have shown that economic geography determines trade flows. However, a better understanding of information flows and technological change is needed because they can transform the geography of trade and...

Optimal commodity taxes with tourist demand.(Brief Article)
February 1, 2005... With tourism, the existence of country-specific commodities that have to be bought and consumed locally plays an essential role. The paper is about how optimal taxation rules are modified when the taxable goods include goods demanded by...

HIV prevalence rates and economic performance.(Human immunodeficiency virus)(Brief Article)
February 1, 2005... A dramatic difference between the rich and poor nations is illustrated by data on the adult HIV prevalence rate [Report on the Global HIV/AIDS Epidemic, 2002]. When 2001 GDP per capita (GDP/N) for a cross-section of 117 countries is regressed...

Health policies and income inequality using the European Community Household Panel.(Brief Article)
February 1, 2005... This paper provides new evidence on the relationship between income inequality and health in the European Union. The study of income inequality and health is an important goal in modern societies and demands careful attention for economic...

Patenting and business cycles: computers vs. auto industries.(Research Notes)
February 1, 2005... We find that patenting in the U.S. automobile and semiconductor industries is strongly influenced by the business cycle and, despite different industry structures, neither industry is dominated by countercyclical effects. There are two common...

Price responses to high and low inventories in the crude oil market.(Brief Article)
February 1, 2005... We investigated how nonlinear inventory variables can have short-run impacts on crude oil prices. Specifically, since inventory is lower bounded by zero or a minimum operation requirement, short-run crude oil prices are expected to behave...