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Factor Reallocation and Growth in Developing Countries
Poirson, Hélène - 2000
This paper examines the extent to which developing countries benefit from intersectoral factor transfers by specifying the impact and determinants of sectoral changes and of the degree of dualism (or allocation inefficiency) in a dual economy model. Conditions under which factor reallocation is...
Persistent link: https://www.econbiz.de/10014399960
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Corruption and the Provision of Health Care and Education Services
Tiongson, Erwin - 2000
Government intervention to correct market failures is often accompanied by government failures and corruption. This is no more evident than in social sectors that are characterized by significant market failures and government intervention. However, the impact of corruption on the public...
Persistent link: https://www.econbiz.de/10014399897
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A unified model of cohort mortality for economic analysis
Lleras-Muney, Adriana; Moreau, Flavien - 2021
We propose a dynamic production function of population health and mortality from birth onwards. Our parsimonious model …
Persistent link: https://www.econbiz.de/10012518293
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Trade, productivity and (mis)allocation
Berthou, Antoine; Chung, Jong Hyun; Manova, Kalina; … - 2020
productivity, while import liberalization has ambiguous effects. Resource misallocation can either amplify, dampen or reverse the … productivity gains. Guided by theory, we provide evidence consistent with these effects operating through reallocations across … firms in the presence of distortions: (i) Both export and import expansion increase average firm productivity, but the …
Persistent link: https://www.econbiz.de/10012301837
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International trade and corporate market power
Gonzalez-Garcia, Jesus; Yang, Yuanchen - 2020
This paper examines the effect of international trade on corporate market power in emerging market economies and developing countries, with a special focus on sub-Saharan Africa. The analysis is based on a large firm-level dataset, tariff data by sector and agreggate indicators of international...
Persistent link: https://www.econbiz.de/10012299347
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Distribution costs
Peter, Alessandra; Ruane, Cian - 2021
We provide the first direct estimates of distribution expenses incurred by manufacturing plants and assess their importance for aggregate output. Using a novel measure from the Indian Annual Survey of Industries, we document three key facts: (1) distribution expenses are large - they amount to...
Persistent link: https://www.econbiz.de/10013170582
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Tracing productivity growth channels in the UK
Garcia-Macia, Daniel; Korosteleva, Julia - 2021
What drove the UK productivity slowdown post-GFC, and how is the post-Covid recovery expected to differ? This paper …
Persistent link: https://www.econbiz.de/10012795165
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What happens if central banks misdiagnose a slowdown in potential output growth?
Bakker, Bas B. - 2019
In the last few decades, real GDP growth and investment in advanced countries have declined in tandem. This slowdown was not the result of weak demand (there has been no shift along the Okun curve), but of a decline in potential output growth (which has shifted the Okun curve to the left). We...
Persistent link: https://www.econbiz.de/10012103759
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Macroeconomic consequences of tariffs
Furceri, Davide; Ahmed Hannan, Swarnali; Ostry, … - 2019
, to economically and statistically significant declines in domestic output and productivity. Tariff increases also result …. The effects on output and productivity tend to be magnified when tariffs rise during expansions, for advanced economies …
Persistent link: https://www.econbiz.de/10012001500
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On the substitution of private and public capital in production
An, Zidong; Kangur, Alvar; Papageorgiou, Chris - 2019
Most macroeconomic models assume that aggregate output is generated by a specification for the production function with total physical capital as a key input. Implicitly this assumes that private and public capital stocks are perfect substitutes. In this paper we test this assumption by...
Persistent link: https://www.econbiz.de/10012154588