Recent econometric studies provide evidence that climate variability in general, and rainfall variability in particular, has a negative effect on economic growth in the countries of Sub-Saharan Africa. In this study, we explore the factors that may explain why some countries are more resilient to climate variability than others. We use a range of data that is representative of the possible sour...

As the subject of how economic development affects the quality of the natural environment has gained great momentum, this paper focuses on examining the extent to which the openness of a market economy and the quality of the institution affect environmental performance. The majority of the current studies focus on the Environmental Kuznets Curve and the level of economic growth. This paper addr...

I explore the equilibrium value implications of economic models that incorporate responses to a stochastic environment with growth. I propose dynamic valuation decompositions (DVD’s) designed to distinguish components of an underlying economic model that influence values over long investment horizons from components that impact only the short run. A DVD represents the values of stochastically g...

india has experienced persistently high inflation in recent years, despite a period of below-trend economic growth. As a result, controlling inflation has become a key objective for policymakers. The two main indicators of inflation in india are the wholesale price index (Wpi) and the consumer price index (cpi). Although the Wpi has traditionally been the most widely used measure for assessing ...

Discourses on culture and development vary according to their conceptions of culture and of development and according to their standpoint. The ‘culture and development’ problematic has typically: (1) arisen from a conception of ‘culture’ as a relatively fixed, homogeneous set of mental programmes (categories, frameworks, images, values, norms) shared by members of a population; (2) contained an...

Despite a tremendous increase in financial resources, many countries are not on track to achieve the child and maternal mortality targets set out in the Millennium Development Goals 4 and 5. It is commonly argued that two main social factors - improved democratic governance and aggregate income - will ultimately lead to progress in reducing child and maternal mortality. However, these two facto...

This paper attempts to simulate the development status of Xi’an City from 2012 to 2025 with the method of Systems Dynamics (SD), in order to provide a reference for the future development of Xi’an city. On the basis of theoretical analysis and empirical analysis, in 2025, the carrying capacity indexes of 5 socio-economic development schemes from the highest to the lowest are status-continuous s...