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Moving Out of Agriculture : Structural Change in Vietnam
McCaig, Brian - 2013
We examine the role of structural change in the economic development of Vietnam from 1990 to 2008. Structural change accounted for a third of the growth in aggregate labor productivity during this period, which averaged 5.1 percent per annum. We discuss the role of reforms in agriculture,...
Persistent link: https://www.econbiz.de/10013073197
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The Depressing Effect of Agricultural Institutions on the Prewar Japanese Economy
Hayashi, Fumio; Prescott, Edward C. - 2021
The question we address in this paper is why the Japanese miracle didn't take place until after World War II. For much of the pre-WWII period, Japan's real GNP per worker was not much more than a third of that of the U.S., with falling capital intensity. We argue that its major cause is a...
Persistent link: https://www.econbiz.de/10013252329
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Property Rights to Land and Agricultural Organization : An Argentina-United States Comparison
Edwards, Eric; Fiszbein, Martin; Libecap, Gary - 2022
The contributions of Harold Demsetz offer key insights on how property rights and transaction costs shape economic organization. This guides our comparison of agricultural organization in two comparable regions, the Argentine Pampas and the US Midwest. In the US, land was distributed in small...
Persistent link: https://www.econbiz.de/10013291252
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Set-Asides and Subsidies in Auctions
Athey, Susan - 2011
Set-asides and subsidies are used extensively in government procurement and natural resource sales. We analyze these policies in an empirical model of U.S. Forest Service timber auctions. The model fits the data well both within the sample of unrestricted sales where we estimate the model, and...
Persistent link: https://www.econbiz.de/10013128845
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The Effects of Fiscal Stimulus : Evidence from the 2009 'Cash for Clunkers' Program
Mian, Atif R. - 2010
A key rationale for fiscal stimulus is to boost consumption when aggregate demand is perceived to be inefficiently low. We examine the ability of the government to increase consumption by evaluating the impact of the 2009 "Cash for Clunkers" program on short and medium run auto purchases. Our...
Persistent link: https://www.econbiz.de/10013138317
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Insurers' Negotiating Leverage and the External Effects of Medicare Part D
Lakdawalla, Darius N. - 2010
Public financing of private health insurance may generate external effects beyond the subsidized population, by influencing the size and bargaining power of health insurers. We test for this external effect in the context of Medicare Part D. We analyze how Part D-related insurer size increases...
Persistent link: https://www.econbiz.de/10013139556
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The Future of the Government Sponsored Enterprises : The Role for Government in the U.S. Mortgage Market
Jaffee, Dwight M. - 2011
This paper analyzes options for reforming the U.S. housing finance system in view of the failure of Fannie Mae and Freddie Mac as government sponsored enterprises (GSEs). The options considered include GSE reform, a range of possible new governmental mortgage guarantee plans, and greater...
Persistent link: https://www.econbiz.de/10013117213
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The Expanding Social Safety Net
Mulligan, Casey B. - 2011
of people who would have been eligible under pre-recession subsidy rules. The non-elderly parts of the safety net have …
Persistent link: https://www.econbiz.de/10013117560
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Who Offers Tax-Based Business Development Incentives?
Felix, R. Alison - 2011
Many American communities seek to attract or retain businesses with tax abatements, tax credits, or tax increment financing of infrastructure projects (TIFs). The evidence for 1999 indicates that communities are most likely to offer one or more of these business development incentives if their...
Persistent link: https://www.econbiz.de/10013119961
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The Geographic Accessibility of Child Care Subsidies and Evidence on the Impact of Subsidy Receipt on Childhood Obesity
Herbst, Chris M. - 2011
receiving a child care subsidy among disadvantaged mothers with young children. In particular, we collect data on the location … families must travel from home in order to reach the nearest office that administers the subsidy application process. Using … in the distance to a public human services agency reduces the likelihood that a family receives a child care subsidy …
Persistent link: https://www.econbiz.de/10013120051