Showing 1 - 10 of 186
Persistent link: https://www.econbiz.de/10012487242
estimates the effect of copper price shocks on mining, manufacturing, and construction-each embodying a sector type. The … empirical findings are for positive spillovers from mining to the other two sectors. However, the estimated size of the … spillovers seems modest, which raises the question of the potential for mining to be better integrated with the rest of the …
Persistent link: https://www.econbiz.de/10011705352
Persistent link: https://www.econbiz.de/10012796661
Major mining commodity prices are inherently volatile and cyclical. High levels of investment in China have been a key …
Persistent link: https://www.econbiz.de/10014401221
.5 percent. By reducing the royalty rate from 6 percent to 3 percent, Mali’s mining code broadly ensures that the risk is shared … between the state and mining companies, provides sufficient incentives to attract new exploration, and is comparable to the …
Persistent link: https://www.econbiz.de/10014402997
This paper employs a meta-regression analysis of 473 estimates from 15 studies to take stock of the empirical literature on Chinese aid effectiveness. After accommodating publication selection bias, we find that, on average, Beijing's foreign assistance has had a positive impact on economic and...
Persistent link: https://www.econbiz.de/10013170075
This study explores whether IMF-supported programs in low-income countries (LICs) catalyze Official Development Assistance (ODA). Based on a comprehensive set of ODA measures and using Propensity Score Matching approach to address selection bias, we show that programs addressing policy or...
Persistent link: https://www.econbiz.de/10014411810
We study the role of the exchange rate regime, reserve accumulation, and sterilization policies in the macroeconomics of aid surges. Absent sterilization, a peg allows for almost full aid absorption — an increase in the current account deficit net of aid—delivering the same effects as those...
Persistent link: https://www.econbiz.de/10014394328
This paper reexamines the relationship between aid and domestic tax revenues using a more recent and comprehensive dataset covering 118 countries for the period 1980 - 2009. Overall, our results support earlier findings of a negative association between net Official Development Assistance (ODA)...
Persistent link: https://www.econbiz.de/10014395684
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/10014395695