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Structural Reforms and Productivity Growth in Emerging Market and Developing Economies

Dabla-Norris, Era - 2016

This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across countries at different stages of development, using a distance-to-frontier framework. It gauges whether particular policies and reforms matter more for increasing productivity...

Persistent link: https://www.econbiz.de/10012996099

Assessing Protectionism and Subsidies in Agriculture : A Gravity Approach

Paiva, Claudio - 2014

support claims that protectionism and distortive subsidies to agriculture remain widespread in more developed nations, which …

Persistent link: https://www.econbiz.de/10012752468

The Agricultural Exodus in the Philippines : Are Wage Differentials Driving the Process?

Cerutti, Eugenio; Li, Yiliang - 2022

Lagging labor reallocations outside agriculture amid sustained low agricultural productivity have been a key feature in … the Philippines over the past 15 years. An analysis of the labor adjustments in and out of agriculture shows that a … from agriculture, whilst the lack of post-primary education and the presence of agricultural clusters hinder such outflows …

Persistent link: https://www.econbiz.de/10013306754

Donor Competition for Aid Impact, and Aid Fragmentation

Annen, Kurt - 2012

This paper shows that donors that maximize relative aid impact spread their budgets across many recipient countries in a unique Nash equilibrium, explaining aid fragmentation. This equilibrium may be inefficient even without fixed costs, and the inefficiency increases in the equality of donors'...

Persistent link: https://www.econbiz.de/10013098604

Financial Intermediation Costs in Low-Income Countries : The Role of Regulatory, Institutional, and Macroeconomic Factors

Poghosyan, Tigran - 2012

We analyze factors driving persistently higher financial intermediation costs in low-income countries (LICs) relative to emerging market (EMs) country comparators. Using the net interest margin as a proxy for financial intermediation costs at the bank level, we find that within LICs a...

Persistent link: https://www.econbiz.de/10013102263

Tariff-Tax Reforms in Large Economies

Ganelli, Giovanni - 2012

This paper studies tariff-tax reforms in a calibrated two-region global New Keynesian model composed of a developing and an advanced region. In our baseline calibration, a revenue-neutral reform that lowers tariffs in developing countries can reduce domestic welfare. The reason is that the...

Persistent link: https://www.econbiz.de/10013102266

The Effects of Government Spending Under Limited Capital Mobility

Shen, Wenyi - 2012

This paper studies the effects of government spending under limited international capital mobility, as featured by most developing countries. While external financing of government debt mitigates the crowding-out effect, it generates real appreciation, which contracts traded output and lowers...

Persistent link: https://www.econbiz.de/10013102275

Capital Inflows, Financial Development, and Domestic Investment : Determinants and Inter-Relationships

Luca, Oana - 2012

We examine determinants of, and interactions between, capital inflows, financial development, and domestic investment in developing countries during 2001-07, a period of surging global liquidity and low interest rates. Reductions in the global price of risk and in domestic borrowing costs were...

Persistent link: https://www.econbiz.de/10013102284

Tracking Short-Term Dynamics of Economic Activity in Low-Income Countries in the Absence of High-Frequency GDP Data

Opoku-Afari, Maxwell - 2012

This paper uses a set of routinely collected high-frequency data in low-income countries (LICs) to construct an aggregate and a comprehensive index of economic activity which could serve (i) as a measure of the direction of economic activity; and (ii) as a useful input in analyzing...

Persistent link: https://www.econbiz.de/10013102286

Monetary Policy in Low Income Countries in the Face of the Global Crisis : The Case of Zambia

Baldini, Alfredo - 2012

We develop a DSGE model with a banking sector to analyze the impact of the financial crisis on Zambia and the role of the monetary policy response. We view the crisis as a combination of three related shocks: a worsening in the terms of the trade, an increase in the country's risk premium, and a...

Persistent link: https://www.econbiz.de/10013107074

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