This study examines the marginal intra-industry trade (MIIT) and its components horizontally, and marginal vertical intra-industry trade (MVIIT) applied to the United States. We present an alternative methodology to evaluate marginal intra-industry trade (MIIT) which was presented by Thom and McDowell (1999) and Azhar and Elliot (2008). Using a panel data approach, the results show a negative c...

Any part of this publication may be reproduced without permission for limited distribution, provided it is distributed without charge and the Population Council is acknowledged as its source. The Population Council would appreciate receiving a copy of any materials in which the text is used. The authors are grateful to Ragui Assaad and Rania Roushdy for providing us with the data on job quality...

AIMS The Framework Convention on Tobacco Control (FCTC) requires nations that have ratified the convention to ban all tobacco advertising and promotion. In the face of these restrictions, tobacco packaging has become the key promotional vehicle for the tobacco industry to interest smokers and potential smokers in tobacco products. This paper reviews available research into the probable impact o...

Inter-firm lending plays an important role in business cycle fluctuations. I build a network model of the economy which trade intermediate goods is financed by supplier credit. A financial shock to one firm affects its ability make payments suppliers. The credit linkages between firms propagate shocks, amplifying their aggregate effects. To calibrate model, construct proxy inter-industry flows ...

In this issue... Fundamental east-west synergies in electricity generation and transmission are waiting to be more fully exploited. Doing so would require provinces to rethink their electricity trading relationships with each other and with the United States.