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The impact of trade liberalization on manufacturing growth has been widely studied in the literature. What has gone unappreciated is that accelerated manufacturing growth has also been accompanied by accelerated services growth. Using firm-level data from India, we find a positive spillover from...
Persistent link: https://www.econbiz.de/10011254923
There is clear evidence that during 1980-90 more exports are positively associated with higher growth rates across Chinese cities. In comparison, in the late 1980s, the contribution to growth comes mainly from foreign investment. The contribution of foreign investment comes in the form of...
Persistent link: https://www.econbiz.de/10005714266
consistent with the policy outcomes in a centrally planned economy in which the government is unable to easily collect and …
Persistent link: https://www.econbiz.de/10008646472
In elections that take place in a less-than-perfect democracy, incumbency advantages are different from those in mature democracies. The incumbent can prevent credible challengers from running, organize vote fraud, or even physically eliminate his main opponents. At the same time, formally...
Persistent link: https://www.econbiz.de/10010951008
. However, the welfare impact of moral hazard and risk protection are both small relative to transfers from the government …
Persistent link: https://www.econbiz.de/10011271431
We show that agglomeration forces can reverse standard international-tax-competition results. Closer integration may result first in a race to the top' and then a race to the bottom, a result that is consistent with recent empirical work showing that the tax gap between rich and poor nations...
Persistent link: https://www.econbiz.de/10005084777
This chapter provides a selective review of some contemporary approaches to program evaluation. One motivation for our review is the recent emergence and increasing use of a particular kind of "program" in applied microeconomic research, the so-called Regression Discontinuity (RD) Design of...
Persistent link: https://www.econbiz.de/10008627157
This paper aims to provide a swift tour of the economic issues presented by vouchers and thus to fill an apparent gap in the literature for a basic survey of the subject. Among the issues it considers are: factors determining a voucher's cash-equivalence; reasons (such as paternalism,...
Persistent link: https://www.econbiz.de/10005830891
This paper investigates the effects of local regulatory effort on ground level ozone air quality and on industrial location. Local regulatory effort varies by annual air quality attainment status and by state attitudes towards the environment. A switch from attainment to non-attainment status...
Persistent link: https://www.econbiz.de/10005774672
cost the government $530 billion or $16,000 per person over 65. A final section discusses the implications of international … capital flows for this analysis. As capital flows become more important, the response of government policy may be to compete … trade and led to a new interest in industrial policies that expand the role of the government in guiding the direction of …
Persistent link: https://www.econbiz.de/10005777294