The exchange rate plays an essential role for firms which export goods and import raw materials. In this paper, the effects of real specific exchange rate fluctuations in imports, exports and aggregate trade on industry sector, chemical and transportation industries outputs in 49 OIC countries were investigated by using a panel data model over 1990-2014. Particularly, this paper presents eviden...

This article critically analyses the opportunities for Australia to revitalise its strategically important manufacturing sector in wake of COVID-19 pandemic. It considers Australia’s industry policy options on basis both advances theory industrial and recent proposals Australian context. draws work from The Institute’s Centre Future Work examining prospects renewal a post-COVID-19 economy, toge...

abstract comparison of food prices in different periods, indicates fluctuations and continually upward trend. any change in agricultural sector variables, as main food supplier, will affect food price. productivity shocks and production gap are examples of such variables. in this paper ,hodrick prescott and kalman filters are used as generators of productivity shocks and production gap series. ...

The Green Revolution, which bolstered agricultural yields and economic well-being in Asia Latin America beginning the 1960s, largely bypassed sub-Saharan Africa. We study first randomized controlled trial of a government-implemented input subsidy program (ISP) Africa intended to foment Revolution. find that this temporary for Mozambican maize farmers stimulates Revolution technology adoption le...

Much has been written on the determinants of input and technology adoption in agriculture, with issues such as input availability, knowledge and education, risk preferences, profitability, and credit constraints receiving much attention. This paper focuses on a factor that has been less well documented: the differential ability of households to take on risky production technologies for fear of ...

Majority voting and social evaluation functions are the main alternatives proposed in the literature for aggregatingindividual preferences. Despite these being very different, this papershows that the ranking of income distributions, symmetric under the same transformation, by S-Gini consistent social evaluation functions and majority voting coincide if and only if the inequality index under co...

We study the ordinal content of assuming supermodularity, including conditions under which a binary relation can be represented by a supermodular function. When applied to revealed-preference relations, our results imply that supermodularity is some times not refutable: A consumer’s choices can be rationalized with a supermodular utility function if they can be rationalized with a monotonic uti...