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Has The World Trade Organization Promoted Successful Regional Trade Agreements?, Jason Grant, christopher parmeter 2009 Virginia Polytechnic Institute and State University

Has The World Trade Organization Promoted Successful Regional Trade Agreements?, Jason Grant, Christopher Parmeter

Christopher F. Parmeter

The WTO’s Committee on Regional Trade Agreements (CRTA) is charged with monitoring, examining, and ensuring the compliance of RTAs. In this paper we ask whether oversight and examination has fostered successful RTAs using bilateral trade flows as our metric. We develop a comprehensive dataset covering 290 regional economic integration agreements that have entered into force since 1960. Remarkably, the data reveal that almost half (43%) of all agreements in existence (up to 2005) are neither notified nor accounted for in the RTA database published by the WTO. We then exploit variation in the notification status of an RTA to ...


Trusts Versus Corporations: An Empirical Analysis Of Competing Organizational Forms, A. Joseph Warburton 2009 Syracuse University

Trusts Versus Corporations: An Empirical Analysis Of Competing Organizational Forms, A. Joseph Warburton

A. Joseph Warburton

This paper studies the effects of organizational form on managerial behavior and firm performance, from an empirical perspective. Managers of trusts are subject to stricter fiduciary responsibilities than managers of corporations. This paper examines the ramifications empirically, by exploiting data generated by a change in British regulations in the 1990s that allowed mutual funds to organize as either a trust or a corporation. I find evidence that trust law is effective in curtailing opportunistic behavior, as trust managers charge significantly lower fees than their observationally equivalent corporate counterparts. Trust managers also incur lower risk. However, evidence suggests that trust managers ...


The 1905 Einstein Equation In A General Mathematical Analysis Model Of Quasars, Byron E. Bell 2009 DePaul University and Columbia College Chicago

The 1905 Einstein Equation In A General Mathematical Analysis Model Of Quasars, Byron E. Bell

Byron E. Bell

No abstract provided.


Technical Appendix To Supranational Agency: A Solution For Conflict In International Mergers?, Poonam Mehra 2009 NITIE

Technical Appendix To Supranational Agency: A Solution For Conflict In International Mergers?, Poonam Mehra

Poonam Singh Mehra

This note includes the general model and technical proofs of the paper titled “Supranational Agency: A Solution for Conflicts in International Mergers”. This paper develops a two Country three Firm model to compare the possibilities of conflict between competition authorities of different countries over the review of a merger under different welfare standards: national, consumer, and global. Use of transfer payment under the global welfare standard to ensure a conflict free efficient outcome is also explored.


Simulation And Inference For Stochastic Differential Equations: With R Examples, By Stefano M. Iacus, Suren Basov 2009 La Trobe University

Simulation And Inference For Stochastic Differential Equations: With R Examples, By Stefano M. Iacus, Suren Basov

Suren Basov

No abstract provided.


Trade Growth, Production Fragmentation And China's Environment, Judith M. Dean, Mary E. Lovely 2009 US International Trade Commission

Trade Growth, Production Fragmentation And China's Environment, Judith M. Dean, Mary E. Lovely

Mary E. Lovely

In recent years, China has experienced both rapidly growing trade and serious environmental degradation. The large literature on trade and environment lends some credence to the idea that these are causally related: trade growth for a relatively poor country is thought to shift the composition of industrial output towards dirtier products, aggravating environmental damage. However, much of China’s trade growth is attributable to the international fragmentation of production and the growing dominance of trade in parts and components. This kind of trade could lead to “cleaner” trade if fragmented production occurs in cleaner goods or China specializes in cleaner ...


Demutualization Of Stock Exchanges, Poonam Mehra 2009 NITIE

Demutualization Of Stock Exchanges, Poonam Mehra

Poonam Singh Mehra

No abstract provided.


Measuring Poverty And Human Capital Development In Sudan, Professor Issam A.W. Mohamed 2009 Department of Economics. Al Neelain University, Khartoum, Sudan

Measuring Poverty And Human Capital Development In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Catastrophes in Sudan are of many dimensions. Food security is a chronic and intrinsic problem in Sub Saharan Africa which is a fact recognized by the international society. Political instability, civil wars and finally recent secession of its Southern part is another fact which may be taken as a vivid example for other regions of that previously largest African country to be followed. The present paper introduces an analysis and assessment of measurements for human development indices in Sudan. It is empirically concluded that human welfare is invisible. The parameters are very low. Strategies are needed to provide for basic ...


The Journey To Safety: Conflict-Driven Migration Flows In Colombia, Gianfranco Piras, Nancy Lozano-Gracia, Geoffrey Hewings, Ana Maria Ibanez 2009 Regional Research Institute, West Virginia University

The Journey To Safety: Conflict-Driven Migration Flows In Colombia, Gianfranco Piras, Nancy Lozano-Gracia, Geoffrey Hewings, Ana Maria Ibanez

Gianfranco Piras

No abstract provided.


Do Students Benefit From Attending Better Schools?: Evidence From Rule-Based Student Assignments In Trinidad And Tobago, Clement (Kirabo) Jackson 2009 Cornell University ILR School

Do Students Benefit From Attending Better Schools?: Evidence From Rule-Based Student Assignments In Trinidad And Tobago, Clement (Kirabo) Jackson

C. Kirabo Jackson

In Trinidad and Tobago students are assigned to secondary schools after fifth grade based on achievement tests, leading to large differences in the school environments to which students of differing initial levels of achievement are exposed. This paper uses instrumental variables based on the discontinuities created by the assignment mechanism, and exploits rich data which include the students’ test scores at entry and secondary school preferences to address self-selection bias. I find that attending a better school has large positive effects on examination performance at the end of secondary school. The effects are about twice as large for girls than ...


Should Income Transfers Be Targeted Or Universal? Insights From Public Pension Influences On Elderly Mortality In Canada, 1921–1966, Jesse A. Matheson, J.C. Herbert Emery 2009 University of Calgary

Should Income Transfers Be Targeted Or Universal? Insights From Public Pension Influences On Elderly Mortality In Canada, 1921–1966, Jesse A. Matheson, J.C. Herbert Emery

Jesse A Matheson

We investigate the impact of Canada’s means-tested and universal public pension programs on the mortality rates of recipient age groups for the period 1921–1966. We find that only the universal program significantly reduced recipient age group mortality rates. The implied social value of the mortality risk reduction from this program is onetenth of the value per statistical life associated with contemporary government policy, meaning that Canadians did not need to place a high value on the life of a senior to justify the higher cost of the universal program.


Employee Voice And Intent To Leave: An Empirical Evidence Of Pakistani Banking Sector, Ahmed Imran Hunjra, Muhammad Asghar Ali, Muhammad Irfan Chani, Hashim Khan, Kashif Ur Rehman 2009 National College of Business Administration and Economics, Lahore

Employee Voice And Intent To Leave: An Empirical Evidence Of Pakistani Banking Sector, Ahmed Imran Hunjra, Muhammad Asghar Ali, Muhammad Irfan Chani, Hashim Khan, Kashif Ur Rehman

Muhammad Irfan Chani

Organizations want to retain their employees in order to benefit from their talent and skills. While working in an organization, employees come across some problems both inside and outside the organization. This study investigates the relationship between field employees’ voice (effectiveness of voice mechanism) and employees’ intent to leave the organization. Further, this study explores the difference between male and female field employees perception regarding their intention to leave the organization. The sample of the study consisted of 250 field employees working in different banks of Rawalpindi and Islamabad through questionnaire; only 188 were returned and processed. The SPSS technique ...


A Note On Causal Relationship Between Fdi And Savings In Bangladesh, Mohammad Salahuddin, Muhammad Shahbaz Shahbaz, Muhammad Irfan Chani 2009 National College of Business Administration and Economics, Lahore

A Note On Causal Relationship Between Fdi And Savings In Bangladesh, Mohammad Salahuddin, Muhammad Shahbaz Shahbaz, Muhammad Irfan Chani

Muhammad Irfan Chani

This paper aims to investigate the causal relationship between foreign direct investment and gross domestic savings in Bangladesh over a period of 1985-2007. In doing so, Johansen cointegration technique and error correction methods are employed to examine the long run and short run relationship between foreign direct investment and gross domestic savings. To determine the direction of causality, we used innovation accounting approach. Results suggest that there exist bi-directional causal relationship between foreign direct investment and gross domestic savings but the movement is stronger from domestic savings to foreign direct investment. The result also implies complimentary relationship between them and ...


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