The study investigates the role of agriculture in the process of urbanization. According to Matsuyama (1992), the relationship between agricultural productivity and urbanization depends on the economic openness. In closed economies the relation is positive while for open economies it is negative. This paper empirically tests the role of agricultural productivity on a country’s level of urbaniza...

This paper mainly discusses some regime-switching models and explore their usefulness in modeling the economic time series. In recent years, several series have been proposed which shape idea of existence different regimes produced by a stochastic process. Especially, nonlinear gained more attention because linear faced various limitations. The purpose this study is to establish methodology Sel...

This study investigates whether or not UK industrial production is characterised by a nonlinear response to monetary shocks. Our methodology is based on logistic smooth transition vector autoregression modelling where we employ monthly data for the period January 1960 to August 1999. We find evidence of small, though nonetheless significant nonlinearities. Furthermore, we find support for a ran...

Abstract While many scholarly works are concerned with how social protests promote democratization, this article addresses the causally reverse question: democratization shapes landscape of street protests. We use a unique database 31 years protest events in Taiwan, smooth and successful case authoritarianism-to-democracy transition, to engage dialogue political transition theory, institutional...