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Why do firms cluster near one another? We test Marshall's theories of industrial agglomeration by examining which industries locate near one another, or coagglomerate. We construct pairwise coagglomer...
This study tests the importance of Ricardian technology differences for international trade. The empirical analysis has three comparative advantages: including emerging and advanced economies, isolati...
We introduce a flexible model of telecommunications network competition with non-uniform calling patterns, which account for the fact that customers tend to make most calls to a small subset of people...
The article investigates the major rural income diversification patterns and their determinants in the context of China. Based on the data from a rural household survey, we first categorize the rural ...
This article exploresthe contentious‘monetisation’ ofin-kind benefits(l’goty)that converted them into cash allowances and redistributed responsibility for welfare provision between federal and ...
This study tests the importance of Ricardian technology differences for international trade. The empirical analysis has three comparative advantages: including emerging and advanced economies, isolati...
Gender Effects in Indian Consumption Patterns
Research on the sources of individual well-being provides a valuable resource for financial advisors. The importance of both psychological and economic factors to financial well-being is discussed. Th...
In the area of traditional physics the atomic nucleus belongs to the most complex systems. It involves essentially all elements that characterize complexity including the most distinctive one whose e...
Motivated by the literature on investment flows and optimal trading, we examine intraday predictability in the cross-section of stock returns. We find a striking pattern of return continuation at hal...
This paper studies business cycle patterns in UK sectoral output. It analyzes the distinction between white noise processes and their non-white noise counterparts in the frequency domain and further e...
This paper reviews the literature on rural employment and employment generation. It considers three models of rural employment: neoclassical, dual economy, and dynamic linkages. Evidence favors the th...
Probability distributions of money, income, and energy consumption per capita are studied for ensembles of economic agents. The principle of entropy maximization for partitioning of a limited resource...
Trade liberalization will influence many aspects of the South African economy. First among these will be the effect of liberalization on income distribution, as jobs are created and wages respond to c...

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