By relating Engel curves and social learning, we explain the existence of differently shaped Engel curves—an interesting phenomenon in the theory of demand. A formal approach to cultural learning within a population of consumers accounts for some cognitive foundations of these demand patterns. We find that a changing influence of an individual’s role models due to her increasing income, which e...

We estimate the influence of defense spending and military labor use on economic growth in African and Latin American countries. Our model integrates disparate implications from the defense economics literature into a Barro-style model of economic growth that controls for political and economic institutional variation across countries. Our panel data analysis of 44 countries in Africa and Latin...

Socio-economic improvement of rural people especially women is one of the challenges in Bangladesh. While integrated farming system is the potential area of working opportunity of the women to improve their socio-economic conditions. Considering this issue, this paper was to examine the improvement of socio-economic status of women with increased participation in so-called “Integrated Farming S...

economic policy consists of various methodologies, approaches and models through which the economists devise strategies to influence the overall economy. the integration of theoretical and practical frameworks provides the ground for emerging new models which are a part of economic system of the countries.each economic model is a combination of specific methodology, theoretical bases and specia...

Groundwater is a vital resource in Australian agriculture. Increased demand for water resulting from rapid economic development accompanied by poor climatic conditions (e.g. low rainfall levels) has induced an increased reliance on groundwater harvesting to sustain intensive irrigation practices. Overdraft of groundwater as a result of reduced surface water availability, increased economic viab...

Middle East countries have begun to implement economic reforms to stimulate private investment, promote economic growth and support the transition to market economy. Although, it is difficult to define the direct impact of the accounting system reform on economic transformation, as there are many other conditions that have influence on the transition process. However, with the central position ...

to study art, sociologists have so far related it either to the economic base of the artistic product or to the artist's ideology or world-view or the class structure of the audience and art consumers. the importance of none of these factors could be denied; however, what is more important is the relation between these factors, the complex network of political, economic and social relations tha...