Geoff Pugh

Meta-Analysis Of Economics Research Reporting Guidelines

Meta‐regression analysis (MRA) can provide objective and comprehensive summaries of economics research. Their use has grown rapidly over the last few decades. To improve transparency and to raise the quality of MRA, the meta‐analysis of economics research‐network (MAER‐Net) has created the below reporting guidelines. Future meta‐analyses in economics will be expected to follow these guidelines or give valid reasons why a meta‐analysis must deviate from them.

Faith schools, social capital and academic attainment: evidence from TIMSS-R mathematics scores in Flemish secondary schools

Social capital theory, recent developments in the theory of identity and a small econometric literature all suggest positive attainment effects from faith schooling. To test this hypothesis, the authors use a unique data set on Flemish secondary school students from the 1999 repeat of the Third International Mathematics and Science Study to estimate an education production function. The results suggest modest attainment benefits in mathematics when schools are influenced by faith communities but not when they are influenced by trade unions or business groups. The authors estimate models with exogenous and endogenous switching to investigate the robustness of this result to school selection policy and parental/student self-selection. These additional results not only suggest that the positive attainment effects of faith schooling do not reflect selection bias but also provide evidence suggesting that such attainment effects reflect forms of social capital that are more readily available in faith schools than in non-faith schools. However, the limitations of social capital theory and evidence caution against radical policy conclusions.

The provision and accessibility of small business Web sites: a survey of independent UK breweries

This paper surveys the population of independent breweries in the UK to ascertain their Web site usage and accessibility via the Internet. It finds independent breweries have tended to lag similarly sized business in other sectors in the provision or abandonment of company Web sites. Most of their Web sites have intuitively easy URLs and are readily accessible via brewery directories, but are less accessible via popular search engines. Most are corporate Web sites rather than marketing or selling tools. The paper concludes with a discussion of business and policy implications for small businesses and the Internet.

Monetary Cooperation in Europe and the Problem of Differential Productivity Growth: an argument for a 'two-speed' Europe

Cointegration analysis of a productivity-modified purchasing power parity relation supports the hypothesis that—in the long run—the nominal exchange rate adjusts to accommodate different national rates of productivity growth in the traded goods sector. Accordingly, in the long run, an absence of exchange rate flexibility combined with productivity growth differentials is likely to generate an intractable adjustment problem. Because Germany and France display a similar evolution of productivity, this analysis supports their participation in monetary union, whereas a markedly different pattern of productivity growth in the UK constitutes an argument against membership. In passing, we find empirical support for Michael Porters hypothesis that continuous devaluation can reduce the rate of productivity growth. This also has implications for UK membership.

Do Increased Resources Increase Educational Attainment during a Period of Rising Expenditure? Evidence from English Secondary Schools Using a Dynamic Panel Analysis.

This article estimates the effects of school expenditure on school performance at Key Stage 4 in England, over the period 2003–07 during which real per pupil expenditure increased rapidly. It adds to previous investigations by using dynamic panel analysis to: exploit time series data on individual schools that only recently has become available; adjust for the potential endogeneity not only of expenditure but also of other determinants of performance; and differentiate the short‐run and the (higher) long‐run attainment effects of spending changes. Consistent with other recent work, the article reports a generally significant but small effect of expenditure on school performance, but it also finds that the effect varies between specialist and non‐specialist schools, with the effect on the latter being larger. Further, the article identifies significant dynamics in the school improvement process, quantifies the long‐run effect of expenditure changes, suggests that spending effects increase with socio‐econom...

Changes in Examination Performance in English Secondary Schools over the Course of a Decade: Searching for Patterns and Trends over Time.

The article explores changes in the examination performance of a random sample of 500 English secondary schools between 1992 and 2001. Using econometric methods, it concludes that: there is an overall deterministic trend in school performance but it is not stable, making prediction accuracy poor; the aggregate trend does not explain improvement over time at school level, where there is very considerable variation in improvement paths; there is a degree of persistence with respect to changes in performance at school level but it is short-lived; whilst there is evidence of a general upward trend across schools, there is a large amount of year-to-year variation and little evidence of sustained improvement at school level; and the model applied has little ability to forecast the direction of change for particular schools in the following year(s).

Confidence in Formal Institutions and Reliance on Informal Institutions in Bosnia and Herzegovina

This article uses survey data to investigate the relationship between citizens’ confidence in formal institutions and reliance on informal institutions in Bosnia and Herzegovina (BiH). We find an endogenous substituting relationship and that the different institutional structures currently existing in the two entities in BiH are significantly linked to respondents’ confidence in formal and reliance on informal institutions. In addition, perceptions of higher indirect costs of institutions and a lack of their improvement are associated with a lower confidence in formal and a greater reliance on informal institutions; the minority ethnic groups in each region are less confident in formal and rely more on informal institutions compared to the majority group; and more reliance on informal institutions is found amongst males and respondents from urban areas.

Should we have faith in not‐for‐profit providers of schooling?

Western governments appear increasingly dissatisfied with the rising costs and apparent static performance of their education systems. This dissatisfaction has been manifested in a critical re‐examination of the near‐monopoly of publicly provided schooling. Elsewhere in the public sector, privatization and competitive tendering have been frequently used to reduce costs and raise productivity. However, in education the inability to fully specify contracts with private providers has led to renewed interest in increasing the role of not‐for‐profit providers. In this paper we utilize economic analysis to critically examine the strengths and weaknesses of not‐for‐profit providers of schooling. We explore the nature of the specific context in which they may prove to be effective providers, using successful faith schools as a case study. We conclude that there are prima facie grounds for governments to prefer contracting not‐for‐profit rather than for‐profit organizations for the provision of state funded education. Overall, whilst extending not‐for‐profit schooling has the potential to harness sources of social capital to the benefit of school improvement, these benefits must be weighed against the risks inherent in increasing ‘strong‐ties’ social capital.

The Impact of Innovation Support Programmes on SME Innovation in Traditional Manufacturing Industries: An Evaluation for Seven EU Regions

This study investigates the impact of innovation support programmes on SME innovation in traditional manufacturing industries in seven EU regions. Recent literature identifying sources of potential government failure in innovation policy suggests that the effects of public support measures to increase private innovation may be disappointing. Our results are consistent with this hypothesis, yet also suggest a direction for policy reform to overcome government failure and, thereby, to increase the potential additionality of innovation support programmes. Innovation support programmes in the EU typically adopt a cream skimming selection strategy namely, programme managers systematically select firms on the basis of observable characteristics conducive to innovation. The econometric analysis of a new survey database reported in this paper suggests that cream skimming leads to firms being selected for programme participation that benefit less than would randomly selected firms. The policy corollary is that, subject to due diligence checking, allocation of innovation support by lottery should give rise to greater programme additionality than does the prevalent cream skimming approach. We conclude with some practical guidelines for allocation by lottery, which were developed for a recently launched innovation support programme for SMEs.

Will progressive beer duty really help UK small breweries? a case study in profit appropriation

Both the Campaign for Real Ale (CAMRA) and the Society of Independent Brewers (SIBA) argue that barriers to market access in the UK brewing industry disadvantage small brewers. They have been actively campaigning for a number of years for a tax concession (progressive beer duty or PBD) to alleviate the situation of small brewers. This paper argues that the disadvantages faced by small brewers are due to a complex monopsony in the beer industry, where the power of the distribution segment of the value chain is paramount. It outlines a model of the structure of the UK beer industry, and undertakes two types of empirical analysis to test the potential impact of PBD on the small brewery sector. The paper finds that control over distribution is the key to profitability and survival in the beer industry, and that small brewers with such control are most likely to benefit from PBD. The findings, however, also have relevance to the position of any small business facing a powerful distribution segment. Finally, for the issue of policy development, the paper indicates that the potential outcomes of a policy change may not be entirely those intended.