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The extractive industry's impact on economic growth in SADC countries

Nhabinde, Simeão; Heshmati, Almas - 2020

The Southern African Development Community (SADC) countries are rich in natural resources and in most of them their extractive industries extract and export natural resources with little industrial processing. This study analyzes the direct and indirect impacts that the extractive industries in...

Persistent link: https://www.econbiz.de/10012266066

The natural resource boom and the uneven fall of the labor share

Dávila, Andrés O.; Fernández, Manuel; Zuleta, Hernando - 2021

resource windfalls affect equilibrium factor shares. The theory suggests that the response of factor shares to exogenous …

Persistent link: https://www.econbiz.de/10012596218

Human capital investment and globalization in extortionary states

Andersson, Fredrik; Konrad, Kai A. - 2001

This paper considers education investment and public education subsidies in closed and open economies with an … extortionary government. The extortionary government in a closed economy has incentives to subsidize education in order to overcome … their education policies if highly productive labor is fully mobile. Extortionary governments' incentives for education …

Persistent link: https://www.econbiz.de/10011339679

Instrumental variables : an econometrician's perspective

Imbens, Guido - 2014

I review recent work in the statistics literature on instrumental variables methods from an econometrics perspective. I discuss some of the older, economic, applications including supply and demand models and relate them to the recent applications in settings of randomized experiments with...

Persistent link: https://www.econbiz.de/10010259577

Testing the internal validity of compulsory school reforms as instrument for years of schooling

Brunello, Giorgio; Fort, Margherita; Weber, Guglielmo; … - 2013

In the large empirical literature that investigates the causal effects of education on outcomes such as health, wages … and crime, it is customary to measure education with years of schooling, and to identify these effects using the exogenous … variation provided by school reforms increasing compulsory education and minimum school leaving age. If these reforms are …

Persistent link: https://www.econbiz.de/10009786492

From late to MTE : alternative methods for the evaluation of policy interventions

Cornelißen, Thomas; Dustmann, Christian; Raute, Anna; … - 2016

This paper provides an introduction into the estimation of Marginal Treatment Effects (MTE). Compared to the existing surveys on the subject, our paper is less technical and speaks to the applied economist with a solid basic understanding of econometric techniques who would like to use MTE...

Persistent link: https://www.econbiz.de/10011502829

Nonparametric IV estimation of local average treatment effects with covariates

Frölich, Markus - 2002

In this paper nonparametric instrumental variable estimation of local average treatment effects (LATE) is extended to incorporate confounding covariates. Estimation of local average treatment effects is appealing since their identification relies on much weaker assumptions than the...

Persistent link: https://www.econbiz.de/10011413605

Going beyond LATE : bounding average treatment effects of job corps training

Chen, Xuan; Flores, Carlos; Flores-Lagunes, Alfonso - 2015

We derive nonparametric sharp bounds on average treatment effects with an instrumental variable (IV) and use them to evaluate the effectiveness of the Job Corps (JC) training program for disadvantaged youth. We concentrate on the population average treatment effect (ATE) and the average...

Persistent link: https://www.econbiz.de/10011388102

Inference with arbitrary clustering

Colella, Fabrizio; Lalive, Rafael; Sakalli, Seyhun Orcan; … - 2019

Analyses of spatial or network data are now very common. Nevertheless, statistical inference is challenging since unobserved heterogeneity can be correlated across neighboring observational units. We develop an estimator for the variance-covariance matrix (VCV) of OLS and 2SLS that allows for...

Persistent link: https://www.econbiz.de/10012102134

The effects of local market concentration and international competition on firm productivity : evidence from Mexico

Rodríguez-Castelán, Carlos; López-Calva, Luis F.; … - 2020

Although market concentration is one of the main impediments to productivity growth globally, data constraints have limited its analysis to developed countries or cross-country studies based on definitions of market concentration across nations and industries. This paper takes advantage of a...

Persistent link: https://www.econbiz.de/10012202018