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Tourism and Economic Development : Evidence from Mexico's Coastline

Faber, Benjamin - 2016

Tourism is a fast-growing services sector in developing countries. This paper combines a rich collection of Mexican … consequences of tourism both locally and in the aggregate. We find that tourism causes large and significant local economic gains … regions, so that the national gains from trade in tourism are mainly driven by a classical market integration effect …

Persistent link: https://www.econbiz.de/10012989735

Place-Based Policies for Development

Duranton, Gilles - 2018

Many development policies, such as placement of infrastructure or local economic development schemes, are “place-based.” Such policies are generally intended to stimulate private sector investment and economic growth in the treated place, and as such they are difficult to appraise and...

Persistent link: https://www.econbiz.de/10012920362

The Uruguay Round and Welfare in Some Distorted Agricultural Economies

Anderson, James E. - 2021

There is widespread concern that the Uruguay Round may reduce the welfare of developing countries through its effect on world agricultural prices. Reduced agricultural price distortions among major supplying nations are predicted to increase basic food prices and decrease some important export...

Persistent link: https://www.econbiz.de/10013242905

Theory, General Equilibrium and Political Economy in Development Economics

Acemoglu, Daron - 2010

I discuss the role of economic theory in empirical work in development economics with special emphasis on general equilibrium and political economy considerations. I argue that economic theory plays (should play) a central role in formulating models, estimates of which can be used for...

Persistent link: https://www.econbiz.de/10013144167

Embodied Carbon Tariffs

Böhringer, Christoph - 2014

In a world where the prospects of a global agreement to control greenhouse gas emissions are bleak, the idea of using trade policy as an implicit regulation of foreign emission sources has gained many supporters in countries contemplating unilateral climate policies. Embodied carbon tariffs tax...

Persistent link: https://www.econbiz.de/10013067497

Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and the Distribution of Income

Dabla-Norris, Era - 2015

A general equilibrium model featuring multiple realistic sources of financial frictions is developed to study how different constraints interact in equilibrium. We highlight, distinguish, and evaluate their differential impacts and rich interactions. The economic impact of financial inclusion...

Persistent link: https://www.econbiz.de/10013030631

Electricity and Firm Productivity : A General-Equilibrium Approach

Fried, Stephie; Lagakos, David - 2021

The lack of reliable electricity in the developing world is widely viewed by policymakers as a major constraint on firm productivity. Yet most empirical studies find modest short-run effects of power outages on firm performance. This paper builds a dynamic macroeconomic model to study the...

Persistent link: https://www.econbiz.de/10013309881

Real Exchange Rate Policies for Economic Development

Guzman, Martin - 2017

This paper analyzes the role of real exchange rate (RER) policies in promoting economic development. Markets provide a suboptimal amount of investment in sectors characterized by learning spillovers. We show that a stable and competitive RER policy may correct for this externality and other...

Persistent link: https://www.econbiz.de/10012946498

Two Blades of Grass : The Impact of the Green Revolution

Gollin, Douglas - 2018

We examine the economic impact of high-yielding crop varieties (HYVs) in developing countries 1960-2000. We use time variation in the development and diffusion of HYVs of 10 major crops, spatial variation in agro-climatically suitability for growing them, and a differences-in-differences...

Persistent link: https://www.econbiz.de/10012916176

Government, Financial Markets, and Economic Development

Stiglitz, Joseph E. - 2021

Ideological debates on the role of government in development have focused on two contrasting prescriptions: one calling for large scale government interventions to solve problems of massive market failures, the other for the unfettering of markets, with the dynamic forces of capitalism naturally...

Persistent link: https://www.econbiz.de/10013219988