Showing 1 - 10 of 624
This paper provides the first comprehensive empirical analysis of agricultural trade using a gravity model. The data set covers bilateral trade in agricultural goods for 152 countries over the periods 1990-93 and 1999-2002. The estimations support claims that protectionism and distortive...
Persistent link: https://www.econbiz.de/10012752468
designing, and gaining public support for, subsidy reform. This paper updates evidence for developing countries on the magnitude … of the welfare impact of subsidy reform and its distribution across income groups, incorporating more recent studies and … subsidy reform for countries where the data necessary for such an analysis is not available …
Persistent link: https://www.econbiz.de/10012999743
We investigate the effect of R&D subsidies on firms’ innovation by ownership, industry, and firm size using German firm-level data. The impact of R&D subsidies is heterogeneous across industries for multinational corporations (MNCs) and domestic firms while it does not differ substantially by...
Persistent link: https://www.econbiz.de/10014244521
The paper reviews recent developments in the pass-through of international to domestic petroleum product prices, in the different fuel pricing regimes, and in fuel subsidies in a range of emerging market and developing economies. The main finding of the paper is the limited price pass-through in...
Persistent link: https://www.econbiz.de/10012777198
countries' own interests. The potential fiscal, environmental and welfare impacts of energy subsidy reform are substantial …
Persistent link: https://www.econbiz.de/10013021777
consumption to changes in energy prices and the implications of our findings for the debate on energy subsidy reform. Our findings … significant long-term benefits from the reform of energy subsidies. Our findings also indicate that short-term gains from subsidy … reform are likely to be much smaller, which suggests the need for either a gradual approach to subsidy reform or for more …
Persistent link: https://www.econbiz.de/10013063763
percent of the 2020 subsidy reflects undercharging for supply costs (explicit subsidies) and 92 percent for undercharging for …
Persistent link: https://www.econbiz.de/10013306748
This paper investigates empirically the drivers of financial imbalances ahead of the global financial crisis. Three factors may have contributed to the build-up of financial imbalances: (i) rising global imbalances (capital flows), (ii) monetary policy that might have been too loose, (iii)...
Persistent link: https://www.econbiz.de/10013131803
Issues of taxation and development, which have long been a central concern of the IMF, have attracted wider and renewed interest in the last few years. This paper reflects on three broad lessons of experience: that developing countries differ vastly in tax matters, and in ways that are less than...
Persistent link: https://www.econbiz.de/10013098586
This paper develops a structural macroeconometric model of the world economy, disaggregated into thirty five national …
Persistent link: https://www.econbiz.de/10013102206