The Journal of Developing Areas

Articles from Vol. 44, No. 1, Fall

A Cross-National Study of Child Labor and Its Determinants
ABSTRACTThis paper investigates the determinants of global child labor among countries with non-zero child labor rates. I find that the average child labor rate across countries rises with the size of the rural population, female labor force participation...
Black Feminization of Poverty: Evidence from the U. S. Cross-Regional Data
ABSTRACTWe explore the issue of feminization of poverty among Black women despite their much improved labor market advantages relative to White women and Black men. Black women generally possess comparable human capital and positive work ethic attributes...
Colonial Dependency, Core-Periphery, and Capitalism: A Case Study of the Guyana Economy
ABSTRACTThis paper presents the economic development of Guyana, from several novel analytic technical perspectives. The development spans three dominant regimes in Guyana, starting just before its independence from Great Britain in 1966. The country...
Divergence of Electric Power Consumption: Evidence from the Sapp
ABSTRACTWith the relatively low per capita electric power consumption in Africa, several electric power pools have been emerging recently. The South African Power Pool (SAPP), the first of those power pools, started operating in 1995 under the aegis...
Economic Freedom, Ethnic Separatism, and Ethnic Conflict
ABSTRACTEthnic conflict has not been tested using economic theory, except its most extreme forms - violence and warfare. This paper adopts the newer economic approach to conflict to analyze ethnic conflict more broadly defined. The analysis is able for...
Election Induced Fiscal and Monetary Cycles: Evidence from the Caribbean
ABSTRACTThis study examines whether governments in the Caribbean systematically attempt to alter voter preferences through the use of fiscal and monetary policy tools during election periods. It also investigates whether governments reverse their pre-election...
Energy Consumption in Bangladesh, India, and Pakistan - a Cointegration Analysis
ABSTRACTRecognizing the significant role that energy plays on growth, the South Asian countries are beginning to focus on their energy issues and formulate common energy policies. The SAARC Energy Center (SEC) was established in 2005 to address energy...
Explaining Exchange Rate Movements: An Application of the Market Microstructure Approach on the Pakistani Foreign Exchange Market
ABSTRACTThis present article aims at explaining the exchange rate movements in the Pakistani foreign exchange market using the market micro structure approach, which has not been applied to date due to the unavailability of high-frequency data on the...
Forcing Africa to Open Up to Trade: Is It Worth It?
ABSTRACTThis study investigates the relationship between openness and growth for a sample of 34 African countries over the period 1960-2003. Unlike previous research on the subject we use novel time series techniques concentrated around panel unit root,...
Gauging Bank Efficiency during Card Insolvency Crisis: The Case of the Taiwanese Banks
ABSTRACTPrevious studies mostly focus on bank performance, but few studies have effectively investigated how efficiency is reduced as banks expand credit card or cash card issuances. This study seeks to investigate how bank's relaxations of card issuance...
Higher Residual Wage Dispersion for White Workers in Post Apartheid South Africa, 1995-2006: Composition Effects or Higher Skill Prices?
ABSTRACTApartheid in South Africa ensured whites received more and better-quality schooling relative to Africans, coloreds, and Asians. It is hence conceivable, consistent with human-capital theory whites would receive relatively higher prices to their...
Horticultural Exports and Livelihood Linkages of Rural Dwellers in Southern Ghana: An Agricultural Household Modeling Application
ABSTRACTIncreasing foreign exchange problems and the deteriorating prices of traditional export commodities in developing countries are leading agricultural policy makers and donor agencies to seek diversification in export crop production. In Ghana,...
Impact of Technology and Physical Capital on Export Quality
ABSTRACTThis paper examines why different countries export different qualities of products. While previous studies have attributed quality differences to differences in physical capital endowments, there is a dearth of empirical work focusing on the...
Income Distribution, Persistent Unemployment, and the Classical Growth Cycle: Evidence from South Africa
ABSTRACTI formulate and calibrate a small 3D classical growth cycle model to explain the rise of income inequality, growth stagnation and the persistence of unemployment in South Africa between 1970-2005. This model exhibits interactions between economic...
Marital Earnings Premiums in Trinidad & Tobago: Ethnicity and Socioeconomic Status
ABSTRACT:This article employs a unique data set from 1993 with 7,063 working men and women from Trinidad and Tobago to examine the impact of ethnicity and socioeconomic status upon marital earnings premiums. It finds a significant marriage premium for...
Modeling the Informal Economy in Mexico. a Structural Equation Approach
ABSTRACTThis paper uses annual data for the period 1970-2006 in order to estimate and investigate the evolution of the Mexican informal economy. In order to do so, we model the informal economy as a latent variable and try to explain it through relationships...
Operational Performance of Commercial Banks in the Chinese Transitioal Economy
ABSTRACTSince the process of economic reform began in China, the Chinese banking system has grown impressively. The aim of this paper is therefore to examine the differences in operational efficiency between China's state-owned commercial banks (SCBs)...
Purchasing Power Parity Puzzle: Evidence from Ghana
ABSTRACTThis paper tests the validity of Purchasing Power Parity (PPP) doctrine for Ghana using the conventional relative PPP equation. We conducted a univariate Augmented Dickey-Fuller unit root test on the model variables. Exchange rate and CPI data...
Testing the Export-Led Growth Hypothesis: Empirical Evidence from Turkey
ABSTRACTIn this paper the Turkish export-led growth hypothesis is examined from the trade liberalisation process initiated in 1980. The paper has employed Toda and Yamamoto (1995) procedure for testing for Granger non-causality in the augmented vector...
The Factors Affecting Bangladesh's Exports: Evidence from the Gravity Model Analysis
ABSTRACTThis paper attempts to identify the factors that affect Bangladesh's exports. The panel data estimation technique and a generalized gravity model have been used to analyze Bangladesh's export trade pattern. A theoretical justification for using...
What Drives Microfinance Institution's Financial Sustainability
ABSTRACTMicrofinance promises to trim down poverty. To achieve this noble objective microfinance institutions (MFIs) have to become steady profitable because donor constancy is not a given. Thus important question is: what factors drive the financial...