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"The paper analyzes governments' tradeoff between fiscal benefits and consumer surplus in privatization reforms of … noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so … developing countries, tight budget constraints imply that privatization may be optimal for low profitability segments. For highly …
Persistent link: https://www.econbiz.de/10010522112
Persistent link: https://www.econbiz.de/10010525066
Investment commitments to new infrastructure projects with private participation (PPI projects) reaching closure in developing countries fell by 25 percent in the first quarter of 2010 compared with the same quarter of 2009. The absence of unusually large projects (US$4 billion or more), such as...
Persistent link: https://www.econbiz.de/10012556009
This review sheds some light on recent private participation in infrastructure (PPI) activity, the short-term impact of the financial crisis and its aftermath. Compared with the previous update on the impact of the crisis, this note incorporates two improvements: a larger sample size (1,080...
Persistent link: https://www.econbiz.de/10012556013
Drawing on the World Bank's Private Participation in Infrastructure Project Database, this Note provides an overview of private activity in infrastructure in developing countries between 1990 and 2000. Three main trends characterized that decade: Private activity in infrastructure grew each year...
Persistent link: https://www.econbiz.de/10012556441
This Note looks at systems some governments have used to transform unsolicited proposals for private infrastructure projects into competitively tendered projects. It focuses on the policies that Chile, the Republic of Korea, the Philippines, and South Africa have adopted for managing such...
Persistent link: https://www.econbiz.de/10012556452
panel data models with country-specific fixed effects. The empirical results show that the most robust growth determinants …
Persistent link: https://www.econbiz.de/10011394124
training. They use a panel of large firms with unusually detailed information on the duration of training, the direct costs of …
Persistent link: https://www.econbiz.de/10010522209
. This paper shows how dynamic pseudo-panel methods can overcome these difficulties, allowing estimation of non-linear income … Mexico and are compared to panel data estimates from a short rotating panel. The results do find evidence of nonlinearities … in household income dynamics and demonstrate large bias in the panel data estimates. Nevertheless, even after allowing …
Persistent link: https://www.econbiz.de/10010522436
and of the flexibility and freedom of its labor market. But estimation of mobility using panel data is biased by the … presence of measurement error and non-random attrition from the panel. This paper shows that dynamic pseudo-panel methods can …-classical measurement errors. These methods are applied to data on earnings from a Mexican quarterly rotating panel. Absolute mobility in …
Persistent link: https://www.econbiz.de/10010522455