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How Productive is Public Capital? A Meta-Analysis

Bom, Pedro R. D.; Ligthart, Jenny - CESifo - 2008

The paper analyzes the contribution of public capital to private output using several meta-analytical techniques. Both fixed and random effects models are estimated by Weighted Least Squares. Sample overlap across studies is explicitly controlled for by employing a ‘full’ Generalized Least...

Persistent link: https://www.econbiz.de/10005765937

Ethnic Divisions and Production in Firms

Hjort, Jonas - CESifo - 2013

evidence on the direct effect of ethnic divisions on productivity. In team production at a plant in Kenya, an upstream worker …

Persistent link: https://www.econbiz.de/10010706000

Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing

Raymond, Wladimir; Mairesse, Jacques; Mohnen, Pierre; … - CESifo - 2013

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … conditional mean of labor productivity: through an observed binary indicator, an observed intensity variable or through the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …

Persistent link: https://www.econbiz.de/10010670799

Sample Selectivity and the Validity of International Student Achievement Tests in Economic Research

Hanushek, Eric A.; Woessmann, Ludger - CESifo - 2010

Critics of international student comparisons argue that results may be influenced by differences in the extent to which countries adequately sample their entire student populations. In this research note, we show that larger exclusion and non-response rates are related to better country average...

Persistent link: https://www.econbiz.de/10008583720

Does the Quality of Electricity Matter? Evidence from Rural India

Chakravorty, Ujjayant; Pelli, Martino; Marchand, Beyza Ural - CESifo - 2013

This paper estimates the returns to household income due to improved access to electricity in rural India. We examine the effect of connecting a household to the grid and of the quality of electricity, defined as hours of daily supply. The analysis is based on two rounds of a representative...

Persistent link: https://www.econbiz.de/10010877886

Poverty and Welfare Measurement on the Basis of Prospect Theory

Jäntti, Markus; Kanbur, Ravi; Nyyssölä, Milla; … - CESifo - 2013

This paper examines the measurement of social welfare, poverty and inequality taking into account reference-dependence, loss aversion and diminishing sensitivity—aspects emphasized in Prospect Theory—to social welfare measurement. We suggest a new notion of equivalent income, the income...

Persistent link: https://www.econbiz.de/10010607471

Social Unrest in the Wake of IMF Structural Adjustment Programs

Stroup, Caleb; Zissimos, Benjamin - CESifo - 2013

This paper proposes an answer to the question of why social unrest sometimes occurs in the wake of an IMF Structural Adjustment Program (SAP). Under certain circumstances, partly determined by a country’s comparative advantage, a nation’s elite may have an incentive to make transfers to the...

Persistent link: https://www.econbiz.de/10010641420

The Historical Roots of Corruption and Economic Development in Italy

Petrarca, Ilaria; Ricciuti, Roberto - CESifo - 2013

We claim that a sequential mechanism linking history to development exists: first, history defines the quality of social capital; then, social capital determines the level of corruption; finally, corruption affects economic performance. We test this hypothesis on a dataset of Italian provinces,...

Persistent link: https://www.econbiz.de/10010641421

Drivers and Obstacles to Banking SMEs: The Role of Competition and the Institutional Framework

Torre, Augusto de la; Pería, María Soledad Martínez; … - CESifo - 2009

Small and medium enterprises (SMEs) are important for employment and economic activity; however, they are perceived to lack adequate financing, which hampers their growth. As a consequence, governments have implemented a number of programs to foster SME lending and attention has focused on...

Persistent link: https://www.econbiz.de/10004979421

Information, Coordination, and the Industrialization of Countries

Englmaier, Florian; Reisinger, Markus - CESifo - 2006

The industrialization process of a country is often plagued by a failure to coordinate investment decisions. Using the Global Games approach we can solve this coordination problem and eliminate the problem of multiple equilibria. We show how appropriate information provision enhances efficiency....

Persistent link: https://www.econbiz.de/10005094193

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