This study investigates an adjustment process in the bilateral trade balances of five countries within the Caribbean, with their largest trading partner, namely the United States. Unlike previous studies, this study controls for oil prices which play a vital role in the countries’ trade balances. A panel econometric technique was utilized using annual data over the period 19802012. Analysis of ...

The atmospheric budgets of mass, water vapor, heat, momentum, and mechanical energy have been analyzed for a 5-day undisturbed period (June 22-26, 1969) during the Barbados Oceanographic and Meteorological Experiment (BOMEX). Data were obtained from rawinsondes launched every 1% hr from the four corner ships of the BOMEX array. Computations were limited to the lowest 500 mb within a 500-km squa...

This paper presents a small macroeconometric model examining the determinants of Indian trade and inflation to address the effects of a reform policy package similar to those implemented in 1991. This is different from previous studies along one important dimension that we explicitly incorporate the non-stationarity of the data into our model and estimation procedures, which suggest that the st...

The economic implications of international patent harmonization have attracted little empirical scrutiny. Based on patent application and renewal data in major European countries since the early 1980s, this paper examines the empirical relationship between international patenting, R&D, and “trade flows” of patent rights across national borders. The analysis reveals a substantial patent “trade i...