Modelling Corruption in a Cobb-Douglas Production Function Framework
Farida, Moe, Ahmadi-Esfahani, Fredoun
In this paper, we extend the Solow growth model to include corruption as a determinant of the multifactor productivity using a Cobb-Douglas production function framework. In addition to the classical...
Demand Under Product Differentiation: An Empirical Analysis of the US Wine Market
Davis, Tim, Ahmadi-Esfahani, Fredoun, Iranzo, Susana
Oversupply has posed a number of problems for the Australian wine industry in recent times. When disaggregated from the industry level, however, the problem can be better described as a range of...
Ugandan Agricultural Household Response to Market Shocks
Komarek, Adam, Ahmadi-Esfahani, Fredoun
Ugandan agricultural households are exposed to both subsistence farming and market forces. Using a household model which incorporates transport costs and an active labour market the microeconomic...
Uncertainty aversion in Australian regulation of agricultural gene technology
Gray, Emily, Ahmadi-Esfahani, Fredoun
There is potential for over-provision of environmental harms and under-provision of environmental benefits associated with GM crops. As a result, strong public regulation is needed to ensure that...
Corruption and economic growth in Lebanon
Farida, Moe, Ahmadi-Esfahani, Fredoun
This paper seeks to examine the impact of corruption on economic growth in Lebanon. Using a neoclassical model, we hypothesise that corruption reduces the country's standard of living as measured by...