Showing 1 - 10 of 77
Persistent link: https://www.econbiz.de/10010529313
of war; 2) given the war, what explains the reduction in economic growth in terms physical capital, labor force, human … capital, and productivity; and 3) what potential growth scenarios for Syria there could be in the aftermath of war. Estimates …
Persistent link: https://www.econbiz.de/10012113903
In this paper, authors explore the effects of uncertainty on pricing of pollution permits, through the use of a dynamic model of pollution markets. Authors consider two major sources of uncertainty - that arising from the volatility of demand for the underlying resource and that coming from the...
Persistent link: https://www.econbiz.de/10012247811
As part of their commitments under the World Trade Organization's Agreement on Trade Facilitation, many developing … countries are set to adopt risk management, a strategy for selecting import shipments for inspection. This paper formalizes key … enforcement issues related to risk management. It argues that the complexities of international trade oversight mean that …
Persistent link: https://www.econbiz.de/10012390475
This paper studies the cross-country patterns of risky innovation and growth through the lens of international trade. It uses a simple theoretical framework of risky quality upgrading by firms under varying levels of financial development to derive two predictions. First, the mean rate of...
Persistent link: https://www.econbiz.de/10012257050
Myanmar's economy performed better in 2017/18 with a modest growth acceleration that partially reversed the deterioration experienced in 2016/17. While the outlook remains positive, risks have intensified. The economy experienced a broad-based increase in real GDP growth to 6.4 percent in...
Persistent link: https://www.econbiz.de/10012645306
food crises possible. This paper develops a predictive, statistical framework to identify drivers of food insecurity risk … with simulation capabilities for scenario analyses, risk assessment and forecasting purposes. It utilizes a panel vector …
Persistent link: https://www.econbiz.de/10012388725
and skewness of world gross domestic product growth are associated with ex-ante information of four risk factors: term … methodology also decomposes the variance and skewness of the predictive distribution accounting for the shares of selected risk … application to forecast world gross domestic product growth is used to test the Bayesian entropy methodology. Predictive variance …
Persistent link: https://www.econbiz.de/10012245794
Catastrophe risk models are quantitative models used to estimate probabilistic loss distributions for a specified range … of assets subject to a baseline level of disaster risk. While cat risk models are used extensively by the insurance and … physical assets such as buildings or infrastructure is still limited. This paper first provides a brief outline of cat risk …
Persistent link: https://www.econbiz.de/10012245984
This paper analyzes the dynamic effects of rate-of-return regulation on firms'emissions compliance behavior when the price of emissions permits is uncertain. The paper shows that uncertainty regarding the price of permits would motivate a regulated firm to adopt a more self-sufficient strategy...
Persistent link: https://www.econbiz.de/10012246000