Journal•ISSN: 0269-2171
International Review of Applied Economics
Taylor & Francis
About: International Review of Applied Economics is an academic journal published by Taylor & Francis. The journal publishes majorly in the area(s): Productivity & Unemployment. It has an ISSN identifier of 0269-2171. Over the lifetime, 1187 publications have been published receiving 21762 citations.
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TL;DR: In this paper, the authors examined whether the OECD countries are characterised by a high degree of stability of their export specialisation patterns at the country level or not, and test whether the countries have become more or less specialised.
Abstract: This paper examines whether the OECD countries are characterised by a high degree of stability of their export specialisation patterns at the country level or not. Furthermore, we test whether the countries have become more or less specialised. In this context we distinguish between specialisation (or de-specialisation) in trade patterns on the one hand, and divergence (or, on the contrary, convergence) on the other. A specialisation process refers to a process in which specialisation intra-country becomes more dispersed (and counter-wise for de-specialisation). In contrast, a divergence process refers to a process in which countries become more different in terms of specialisation in a particular sector, across countries (and counter-wise for convergence). We examine the sensitivity for the level of aggregation, and we apply a period of nearly three decades from 1965 to 1992. Twenty OECD countries are considered. The intra-country results show that the national specialisation patterns are rather sticky, ...
412 citations
TL;DR: In this article, the Self Help Bank Linkage Program in India has been increasingly promoted for their positive economic impact and the belief that they empower women, however, only a few...
Abstract: Microfinance programs like the Self Help Bank Linkage Program in India have been increasingly promoted for their positive economic impact and the belief that they empower women. However, only a few ...
328 citations
TL;DR: In this article, the authors developed an empirical model of the financial performance of English League clubs using a high-quality data set of 48 clubs over the period 1974-89. This model is parameterised by a system of equations which describe the behaviour of a maximising owner subject to demand and production constraints.
Abstract: The English (Association) Football League is a long-established industrial cartel selling a highly popular product with only imperfect substitutes. Despite that, the majority of its member clubs lose money and the industry has faced successive financial crises over the last decade. This chapter develops an empirical model of the financial performance of English League clubs using a high-quality data set of 48 clubs over the period 1974—89. The underlying model explains how rents are competed away through the maximising behaviour of club owners subject to production constraints. This model is parameterised by a system of equations which describe the behaviour of a maximising owner subject to demand and production constraints. The model is then used to examine the coordination failure which lies at the heart of the English Football League’s decline and to assess the prospects for the Premier League.
293 citations
TL;DR: In this article, the authors investigated the effect of foreign aid on governance in 52 African countries for the period 1996-2010, using an endogeneity robust instrumental variable Two-Stage-Least Squares empirical strategy.
Abstract: This paper investigates the effect of foreign aid on governance in order to extend the debate on foreign aid and to verify common positions from Moyo’s ‘Dead Aid’, Collier’s ‘Bottom Billion’ and Eubank’s ‘Somaliland’. The empirical evidence is based on updated data from 52 African countries for the period 1996–2010. An endogeneity robust instrumental variable Two-Stage-Least Squares empirical strategy is employed. The findings reveal that development assistance deteriorates economic (regulation quality and government effectiveness) and institutional (corruption-control and rule of law) governance, but has an insignificant effect on political (political stability, voice and accountability) governance. While, these findings are broadly in accordance with Moyo and Collier on weak governance, they neither confirm the Eubank position on political governance nor the Asongu stance on the aid-corruption nexus in a debate with Okada and Samreth. The use of foreign aid as an instrument to influence the elec...
225 citations
TL;DR: The authors found that women are more responsive to the wage differential between wage/salaried employment and self-employment than men, and the link between father's self employment status and the probability of self employment is stronger for men.
Abstract: This paper examines the factors that influence transitions into self‐employment, paying particular attention to gender differences. We find that: (i) men are more responsive to the wage differential between wage/salaried employment and self‐employment; (ii) liquidity constraints are more important for men; and (iii) the link between father's self‐employment status and the probability of self‐employment is stronger for men. Taken together, these results suggest that, for women, self‐employment is a closer substitute for part‐time work and labour‐market inactivity than it is for men. We attribute such differences to the different labour market opportunities and occupational strategies of women.
223 citations