Abstract We provide the first empirical evidence that government ideology affects choice of migration destinations. As ruling political parties differ in their discourse, policies, and positions on migration, differential between host home country governments can shape relative generosity welfare system, degree tolerance towards out‐groups, restrictiveness all acting as important drivers intern...

Petroleum (crude oil) is one of the most important resources of energy and its demand and consumption is growing while it is a non-renewable energy resource. Hence forecasting of its demand is necessary to plan appropriate strategies for managing future requirements. In this paper, three types of time series methods including univariate Seasonal ARIMA, Winters forecasting and Transfer Function-...

This paper examines industrialization trends in developing countries. It uses the GGDC/UNU-WIDER Economic Transformation Database, which provides time series of employment and real nominal value added annually by 12 sectors 51 countries for period 1990–2018. Until early 2000s de-industrialization was widespread, but then trend reversed. Regressions that control income demographic suggest signif...

This work studies the long-run association between political participation and different levels types of education across countries, with a special focus on financial literacy. In sample advanced developing countries observed over period 1990-2014, literacy increases citizens’ to life. The results hold applying linear instrumental variables techniques, in panel regressions that characterize med...

Estimations of the shadow economies for 145 countries, including developing, transition and highly developed OECD economies over 1999 to 2005 are presented. The average size of the shadow economy (as a percent of "official" GDP) in 2004/05 in 96 developing countries is 36.7%, in 25 transition countries 38.8% and in 21 OECD countries 14.8%. An increased burden of taxation and social security con...

This paper argues that the Phillips curve–wage curve controversy cannot be settled within the conventional testing frameworks and suggests an alternative test, which builds on the model of Blanchard and Katz (1997). Using long macro data for the OECD countries, the evidence gives very strong support for the Phillips curve and indicates that wage behaviour is no different among the OECD countrie...

Our analysis of 19 OECD countries over the period 1972-2006 provides evidence of convergence in per capita health care expenditures for 17 countries, while the US and (to a lesser degree) Norway follow a different path. A simple decomposition of per capita health expenditures reveals that the divergence of the US comes from the divergence of the ‘health care expenditure over GDP’ component, whi...

According to Balassa-Samuelson hypothesis which explains real exchange rate movements by productivity differences between tradable and non-tradable sectors, an increase in the relative of sector leads a appreciation domestic currency. In this study, we analyze whether is valid employing recent panel data tehniques for set covering 25 OECD countries period 1990-2016. To aim, effect sectoral on e...

We survey a number of papers that have focused on the construction of cross-country data sets on average years of schooling. We discuss the construction of the different series, compare their profiles and construct indicators of their information content. The discussion focuses on a sample of OECD countries but we also provide some results for a large non-OECD sample.