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Macroeconomic effects of disruptions in global food commodity markets : evidence for the United States
De Winne, Jasmien; Peersman, Gert - 2016
We use two approaches to examine the macroeconomic consequences of disruptions in global food commodity markets. First, we embed a novel quarterly composite global production index for the four basic staples (corn, wheat, rice and soybeans) in a standard vector autoregression (VAR) model, and we...
Persistent link: https://www.econbiz.de/10011565633
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Fiscal equalization and yardstick competition
Kotsogiannēs, Chrēstos (contributor);  … - 2006
Persistent link: https://www.econbiz.de/10003457465
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The costs of favoritism : is politically-driven aid less effective?
Dreher, Axel; Klasen, Stephan; Vreeland, James Raymond; … - 2010
As is now well documented, aid is given for both political as well as economic reasons. The conventional wisdom is that politically-motivated aid is less effective in promoting developmental objectives. We examine the ex-post performance ratings of World Bank projects and generally find that...
Persistent link: https://www.econbiz.de/10003948233
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The political economy of international finance corporation lending
Dreher, Axel; Richert, Katharina - 2017
The bulk of International Finance Corporation (IFC) lending benefits companies from rich countries, and projects in countries with middle income. Large conglomerates such as Lidl or Mövenpick have been among its direct beneficiaries. This contrasts to some extent with the IFC's official...
Persistent link: https://www.econbiz.de/10011721768
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Is favoritism a threat to Chinese aid effectiveness? : A subnational analysis of Chinese development projects
Dreher, Axel; Fuchs, Andreas; Hodler, Roland; Parks, Bradley - 2019
Chinese aid comes with few strings attached, allowing recipient country leaders to use it for domestic political purposes. The vulnerability of Chinese aid to political capture has prompted speculation that it may be economically ineffective, or even harmful. We test these claims by estimating...
Persistent link: https://www.econbiz.de/10012033099
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Does a generous welfare state crowd out student achievement? : panel data evidence from international student tests
Falch, Torberg (contributor);  … - 2008
Student achievement has been identified as important contributor to economic growth. This paper investigates the relationship between redistributive government activities and investment in human capital measured by student performance in international comparative tests in Mathematics and Science...
Persistent link: https://www.econbiz.de/10003749642
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Back to Kyoto? : US participation and the linkage between R&D and climate cooperation
Buchner, Barbara; Carraro, Carlo; Cersosimo, Igor; … - 2002
The US decision not to ratify the Kyoto Protocol and the recent outcomes of the Bonn and Marrakech Conferences of the Parties drastically reduces the effectiveness of the Kyoto Protocol in controlling GHG emissions. The reason is not only the reduced emission abatement in the US, but also the...
Persistent link: https://www.econbiz.de/10011409394
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Weeding out the dealers? : the economics of cannabis legalization
Auriol, Emmanuelle; Mesnard, Alice; Perrault, Tiffanie - 2020
proposed policy mix can control the increase in cannabis consumption post-legalization and throttle the illegal market. The … opted for legalization, leaving room for the black market to flourish. Analyzing the compatibility of several policy goals …
Persistent link: https://www.econbiz.de/10012304299
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SCARE: when economics meets epidemiology with COVID-19
Palma, André de; Picard, Natalie; Proost, Stef - 2020
the Belgian lockdown policy is negative for low valuations of life years lost. The gains of extending the Belgian lockdown … policy are negative even for high valuation of life. …
Persistent link: https://www.econbiz.de/10012291861
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Sudden stop: when did firms anticipate the potential consequences of COVID-19?
Buchheim, Lukas; Krolage, Carla; Link, Sebastian - 2020
declined and business uncertainty increased only when the spread of the COVID-19 pandemic led to domestic policy changes: The …, business perceptions hardly reacted to any other potential source of information: Firms did not learn from foreign policy … expectations and uncertainty, albeit to a much lesser extent than the domestic policy changes. …
Persistent link: https://www.econbiz.de/10012249044