forecasting of macroeconomic variables has specific importance in economic topics. indeed, different models are invented to forecast variables to help economic policy makers in adopting appropriate monetary and fiscal policies. in this paper, the performance of integrated model of input-output (io) and neural network is investigated in forecasting final demand and total production and the resul...

I consider the interaction of trade and environmental policies in two canonical models: competitive general equilibrium (which I extend to allow for monopoly power in trade) and multi-period oligopoly (which I extend to incorporate a general pollution abatement technology). Despite the complexities of the models and the considerable differences between them, they have surprisingly similar impli...

Understanding the potential impacts of climate change on economic outcomes requires knowing how agents might adapt to a changing climate. We exploit large variation in recent temperature and precipitation trends to identify adaptation to climate change in US agriculture, and use this information to generate new estimates of the potential impact of future climate change on agricultural outcomes....

Household diversification into nonfarm work activities is a major rural livelihood strategy in many developing economies. In this paper, we explore empirically if rural households in Uganda leverage their nonfarm earnings to overcome credit constraints and invest in high yielding maize seed varieties. We use a semiparametric estimator of binary outcomes that accommodates endogenous regressors s...

Trade has been considered a condition for growth and development, a view that might have merits in explaining the rise of the Western world. I use a new data set from archival sources of eighteenth-century China to revisit this question. This analysis suggests previous studies of market integration, which attribute much growth to a reduction in transport costs, have overestimated these effects....

Using the most comprehensive developing country dataset ever compiled on air and water pollution and environmental regulations, the paper assesses India’s environmental regulations with a difference-in-differences design. The air pollution regulations are associated with substantial improvements in air quality. The most successful air regulation resulted in a modest but statistically insignific...

JEL Classification Code(s): J 31, J 71) "Perceptions of Discrimination, Effort to Obtain Psychological Balance, and Relative Wages: Can We Infer a Happiness Gradient?" There is a substantial literature that finds a linkage between happiness and relative economic well being as measured by earnings or wages. There is also a well documented racial gap in wages. One explanation for this is disparat...

Groundwater depletion is becoming a serious policy concern in many developing countries but little is known about the costs of groundwater depletion. I use annual deviations of depth to groundwater from 1999 to 2003 from the 1985-1995 decadal means for Indian districts, to investigate how production and sown area respond to groundwater fluctuations. I find that a 1 meter decline in groundwater ...

in this paper we investigated effect of economic uncertainty on money demand function of iran during(1352-1386). at first by using a general equilibrium theory it is shown that in spite of the existence of economic uncertainties, most of agents who are risk-averse consider these uncertainties when constitute their port folio. they consider money demand is a function of income, interest rate and...

This paper evaluates the impact of access to groundwater on poverty using data from rural India. The estimation exploits the fact that the technology required to access groundwater changes exogenously due to constraints imposed by laws of physics at a depth of eight meters. I find that rural poverty in areas where depth from surface is below the cutoff is 9 to10 percent higher. Using survey dat...