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Inflation and Activity – Two Explorations and their Monetary Policy Implications
Blanchard, Olivier - 2015
We explore two issues triggered by the crisis. First, in most advanced countries, output remains far below the pre-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a breakdown of the relation between inflation and...
Persistent link: https://www.econbiz.de/10012418077
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Structural reforms and productivity growth in emerging market and developing economies
Dabla-Norris, Era; Ho, Giang; Kyobe, Annette - 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/10011436763
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Crop selection and international differences in aggregate agricultural productivity
Alvarez, Jorge A.; Berg, Claudia - 2019
A large share of cross-country differences in productivity is explained by differences in agricultural productivity. Using a combination of sub-national agricultural statistics and geospatial datasets on crop-specific potential yields, we study the main drivers of this variation from a...
Persistent link: https://www.econbiz.de/10012103617
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Importing inputs for climate change mitigation : the case of agricultural productivity
García-Verdú, Rodrigo; Meyer Cirkel, Alexis; … - 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/10012009267
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Women's opportunities and challenges in Sub-Saharan African job markets
Dieterich, Christine; Huang, Anni; Thomas, Alun - 2016
alternative avenue to escape low-paid jobs in agriculture, but the increase in per capita income is lower than male …
Persistent link: https://www.econbiz.de/10011711532
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Structural transformation and the agricultural wage gap
Alvarez, Jorge A. - 2017
A key feature of developing economies is that wages in agriculture are significantly below those of other sectors … speaks against the existence of large short-term gains from reallocating workers out of agriculture and favors recently … gap level observed and its decline as the economy transitioned out of agriculture …
Persistent link: https://www.econbiz.de/10011781284
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Trade and Industrialization in Developing Agricultural Economies
Vamvakidis, Athanasios - 1999
This paper examines the impact of international trade on industrialization in developing agricultural economies. The findings show that developing agricultural economies that increased their openness during 1970-95 experienced an increase in their share of industrial production at the expense of...
Persistent link: https://www.econbiz.de/10014400546
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Assessing Protectionism and Subsidies in Agriculture : A Gravity Approach
Paiva, Claudio - 2005
support claims that protectionism and distortive subsidies to agriculture remain widespread in more developed nations, which …
Persistent link: https://www.econbiz.de/10014401036
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The agricultural exodus in the Philippines : are wage differentials driving the process?
Cerutti, Eugenio M.; Li, Yiliang - 2021
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/10012796816
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A governance dividend for Sub-Saharan Africa?
Hammadi, Amine; Mills, Marshall; Souza Sobrinho, Nelson … - 2019
Countries in Sub-Saharan Africa (SSA) tend to lag those in most other regions in terms of governance and perceptions of corruption. Weak governance undermines economic performance through various channels, including deficiencies in government functions and distortions to economic incentives. It...
Persistent link: https://www.econbiz.de/10012001456