Showing 1 - 10 of 71
The returns to scale for nineteen South Asian countries are estimated using window and cumulative rolling stochastic frontier regression analysis. The stochastic frontier analysis accounts for technical inefficiency of Hicks non-neutral technology production function in the estimation of the...
Persistent link: https://www.econbiz.de/10009360219
It has been widely recognized that the poor spends a significant proportion of their income on social spending even at the expense of basic consumption. What are the motives behind the observed lavish social spending among the poor? We attempt to test three competing explanations at the social...
Persistent link: https://www.econbiz.de/10009360220
In this article we investigate how to integrate the experience and knowledge of local agricultural experts in order to facilitate more objective-oriented use of the agricultural support funds. For this purpose we apply the Linear Programming methodological approach. Within this approach the...
Persistent link: https://www.econbiz.de/10009360221
Despite the fact that there is a substantial literature on the analysis of volatility spillovers between stock returns and domestic exchange rates, surprisingly, little empirical research has examined volatility spillovers between oil prices and emerging economies, where a clear gap of research...
Persistent link: https://www.econbiz.de/10009360222
Cross-border trade in food commodities within sub-regional economic blocks in Sub-Sahara Africa (SSA) is believed to be faster, cheaper, more convenient and welfare-enhancing than overseas trade between SSA countries and the USA, EU and the BRIC countries. The difficulty of commodity arbitrage...
Persistent link: https://www.econbiz.de/10009360223
This paper investigates the medium- and long-term growth effects of the global financial crises on Low-Income Countries (LICs). Using several methodological approaches, including impulse response function analysis, growth spells techniques and panel regressions, we show that external demand (ED)...
Persistent link: https://www.econbiz.de/10009360224
Is Indian agriculture resilient to external shocks? This question has assumed considerable importance ever since macroeconomic reforms were implemented from the early nineties. As a result, the agricultural sector was exposed to sudden disturbances caused not just by the demand and supply...
Persistent link: https://www.econbiz.de/10009360225
This study explores trends and perspectives of Lithuania's trade in agricultural and food products with the BRIC countries. Agriculture is one of the priority sectors of Lithuania's economy and plays an important economic and social role. The share of agricultural and food products within the...
Persistent link: https://www.econbiz.de/10009360226
The paper investigates interrelations between the dynamics of national central banks' interest rates and international trade within the BRIC countries. It shows that countries with lower interest rates experience growth of the share of machinery industry exports rather than agriculture and food...
Persistent link: https://www.econbiz.de/10009360227
Though social spending facilitates risk-pooling in the impoverished regions, too many resources devoted to social occasions may impose negative externalities and hinder efforts to alleviate poverty for households living close to subsistence. Conducting three waves census-type panel survey in...
Persistent link: https://www.econbiz.de/10009360228