Showing 1 - 10 of 192
This paper compares the optimal dynamic choices between policies of mitigation and adaptation for three economies: Brazil, Chile and the United States. The focus is on the optimal role of mitigation and adaptation for “environmentally small economies,” i. e. , economies that are witnessing...
Persistent link: https://www.econbiz.de/10010721389
Many developing countries have adopted the market approach for expanding the supply of child care, but little is known about the economic behavior of independent providers. This paper draws on uniquely rich administrative data on child care centers and their inputs from São Paulo to examine the...
Persistent link: https://www.econbiz.de/10008764253
This paper exploits unique features of a recently introduced tariff schedule for natural gas in Buenos Aires to estimate the short-run impact of price shocks on residential energy utilization. The schedule induces a non-linear and nonmonotonic relationship between households’ accumulated...
Persistent link: https://www.econbiz.de/10008799616
innovation. This paper develops a model where prudent banks may signal their type through high capital ratios. Capital regulation … supervision detects risky behavior ex ante then it is complementary to capital regulation. However, financial innovation may erode …
Persistent link: https://www.econbiz.de/10010547939
There are two assumptions regarding regulatory instruments under the globalizing economy. These are: (1) increasing role of private standards in shaping the economic activities of developing countries; and (2) diminishing role of national institutions in "open" and "liberal" markets. In other...
Persistent link: https://www.econbiz.de/10005256456
This paper demonstrates that radical regulatory changes can be tantamount to technological revolutions by studying Indian pharmaceutical firms. It shows that radical regulatory changes such as the Indian Patent Act of 1970, the New Industrial Policy of 1991 and the signing of TRIPS (Trade...
Persistent link: https://www.econbiz.de/10005150822
This paper provides guidance to Bank staff on how to conduct an expanded, comprehensive economic cost-benefit analysis (CBA) in order to measure net benefits from a project taking both project and environmental factors into account, as required under Directives B.5 and B.9 in the Bank's...
Persistent link: https://www.econbiz.de/10010559807
Persistent link: https://www.econbiz.de/10001725900
Persistent link: https://www.econbiz.de/10013546414
The employment impact of innovation in the heterogeneous universe of services was studied using data from the 2004 …-2009 Uruguayan service innovation surveys. The empirical evidence shows that the impact of product innovation on employment is … positive, while process innovation appears to have no effect. The effect varies according to the skill level of the labor force …
Persistent link: https://www.econbiz.de/10009366905