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This paper estimates the impact of environmental regulations of 1994 imposed by the State of Maryland on the blue crab industry. For the analysis a model is developed, which includes three stochastic equations and five identities. After the estimation of the model the impact multipliers are...
During the last two decades, the focus of IMF involvement in the developing world, and especially in the low-income countries, has shifted. For example, IMF involvement became not only more long term, but also oriented toward policy reform, rather than only assisting with a macroeconomic crisis....
During the course of European integration social policy has become an increasingly important policy area of the European Union. The paper analyses whether the EU's social-policy measures improve the living conditions of the socially weaker groups. All three areas of European social policy are...
Regional disparities in China have recently attracted the attention of economists both inside and outside China. In particular, researchers and policy makers are concerned with how economic reforms have affected regional disparities in China. As a result, there has been a boom in the literature....
The paper analyzes selected social indicators to determine whether people in Taiwan have become better or worse off during the process of economic growth. The authors find that residents in Taiwan experienced better education, more political freedom, better health care, better nutrition, more...
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