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Structural Transformation and the Agricultural Wage Gap

Alvarez, Jorge - 2018

A key feature of developing economies is that wages in agriculture are significantlybelow those of other sectors. Using … the existence of large short-term gains from reallocatingworkers out of agriculture and favors recently proposed Roy … observed and its decline as the economy transitioned out of agriculture …

Persistent link: https://www.econbiz.de/10012929921

Debt Relief and Adjustment Incentives : A Theoretical Exploration

Corden, W. Max - 2006

The purpose of this paper is to analyze the argument that debt relief would increase the incentive of a debtor country to make an adjustment effort (to invest) and that for this reason creditors may benefit by granting relief. It is shown that there are actually opposing incentive effects of...

Persistent link: https://www.econbiz.de/10012781315

Macroeconomic Adjustment in Developing Countries

Corden, W. Max - 2006

The paper deals with the two parts of the short-run adjustment problem in developing countries: the improvement of the current account and the reduction of inflation, the main cause in both cases being usually a fiscal deficit. It is shown how the two parts are related. Distinctions are made...

Persistent link: https://www.econbiz.de/10012781447

Investing to Mitigate and Adapt to Climate Change : A Framework Model

Bonen, Tony - 2017

We propose a macroeconomic model to assess optimal public policy decisions in the face of competing funding demands for climate change action versus traditional welfare-enhancing capital investment. How to properly delineate the costs and benefits of traditional versus adaption-focused...

Persistent link: https://www.econbiz.de/10012967108

Importing Inputs for Climate Change Mitigation : The Case of Agricultural Productivity

García-Verdú, Rodrigo - 2019

This paper estimates agricultural total factor productivity (TFP) in 162 countries between 1991 and 2015 and aims to understand sources of cross-country variations in agricultural TFP levels and its growth rates. Two factors affecting agricultural TFP are analyzed in detail - imported...

Persistent link: https://www.econbiz.de/10012889166

Global Climate Change Mitigation, Fossil-Fuel Driven Development, and the Role of Financial and Technology Transfers : A Simple Framework

Wiegand, Johannes - 2022

Climate financing and compensation have emerged as key themes in the international climate mitigation debate. According to one argument in support of compensation, advanced economies (AEs) have used up much of the atmosphere’s absorptive capacity, thus causing global warming and blocking a...

Persistent link: https://www.econbiz.de/10013306720

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

Long-Term Gain, Short-Term Pain : Assessing the Potential Impact of Structural Reforms in Chile

Santoro, Marika - 2016

In this paper, I study the potential economic impact of the 2015-18 structural reform agenda in Chile, using the IMF dynamic general equilibrium model (GIMF). I find that the agenda has the potential to significantly increase Chile's long-run GDP, although it may have some negative effects in...

Persistent link: https://www.econbiz.de/10012998805

A Tale of Two Sectors : Why is Misallocation Higher in Services than in Manufacturing?

Dias, Daniel - 2017

Recent empirical studies document that the level of resource misallocation in the service sector is significantly higher than in the manufacturing sector. We quantify the importance of this difference and study its sources. Conservative estimates for Portugal (2008) show that closing this gap,...

Persistent link: https://www.econbiz.de/10012966552

Structural Reforms and External Rebalancing

Culiuc, Alexander - 2017

Empirical research on structural reforms has focused primarily on their impact on growth and productivity. Yet an often-invoked rationale for structural reforms is their impact on external adjustment. This paper finds little evidence that structural reforms improve the current account in the...

Persistent link: https://www.econbiz.de/10012948521