A simultaneous equations model is developed which endogenizes economic growth, income inequality, corruption, and political instability while using initial GDP, average schooling, investment share of GDP, population growth, educational inequality, trade share of GDP, and ethnolinguistic fractionalization as exogenous variables. Twenty-two different specifications of the model are then estimated using ordinary least squares (OLS), two-stage least squares (2SLS), and three-stage least squares (3SLS) estimation methods. Both the structural and reduced form estimates exhibit changing results...
A simultaneous equations model is developed which endogenizes economic growth, income inequality, corruption, and political instability while using in...
Containing rigorous hard evidence, this book is of immense practical use to postgraduates, researchers and business communities affected by or working in environmental regulation. The author, a leading name in the environmental economics community, examines the problem of urban smog in cityscapes and the difficulty of achieving cost-effective controls.
Analyzing the key areas of urban smog, low-level ozone and volatile organic compound emissions and their impact on health and welfare of communities this text assesses and evaluates the performance of emissions trading...
Containing rigorous hard evidence, this book is of immense practical use to postgraduates, researchers and business communities affected by or work...
