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Federal Life Sciences Funding and University R&D

Blume-Kohout, Margaret - 2009

This paper investigates the impact of federal extramural research funding on total expenditures for life sciences research and development (R&D) at U.S. universities, to determine whether federal R&D funding spurs funding from non-federal (private and state/local government) sources. We use a...

Persistent link: https://www.econbiz.de/10013158024

Growth Accounting with Misallocation : Or, Doing Less with More in Singapore

Fernald, John G. - 2010

We derive aggregate growth-accounting implications for a two-sector economy with heterogeneous capital subsidies and monopoly power. In this economy, measures of total factor productivity (TFP) growth in terms of quantities (the primal) and real factor prices (the dual) can diverge from each...

Persistent link: https://www.econbiz.de/10013142554

Subsidies to Industry and the Environment

Kelly, David L. - 2010

productive use, the economy wide marginal product of emissions falls with an increase in any subsidy, tending to decrease …

Persistent link: https://www.econbiz.de/10013152667

Detection and Impact of Industrial Subsidies : The Case of World Shipbuilding

Kalouptsidi, Myrto - 2014

This paper provides a model-based empirical strategy to, (i) detect the presence and gauge the magnitude of government subsidies and (ii) quantify their impact on production reallocation across countries, industry prices, costs and consumer surplus. I construct and estimate an industry model...

Persistent link: https://www.econbiz.de/10013054035

Does Development Aid Undermine Political Accountability? Leader and Constituent Responses to a Large-Scale Intervention

Guiteras, Raymond P. - 2015

Bangladesh, where 346 communities consisting of 16,600 households were randomly assigned to control, information or subsidy … treatments to encourage investments in improved sanitation. In one intervention where the leaders' role in program allocation was … attribute credit to their local leader for a randomly assigned program. In contrast, in another lottery where subsidy assignment …

Persistent link: https://www.econbiz.de/10013017937

Productivity Volatility and the Misallocation of Resources in Developing Economies

Collard-Wexler, Allan - 2011

We investigate the role of dynamic production inputs and their associated adjustment costs in shaping the dispersion of total factor productivity (TFP) and static measures of capital misallocation within a country. Using data on 5,010 establishments in 33 developing countries from the World...

Persistent link: https://www.econbiz.de/10013122876

International Asset Allocation with Time-Varying Correlations

Bekaert, Geert - 2008

highly correlated and have lower means. Solving the dynamic asset allocation problem for a CCRA investor, we show …

Persistent link: https://www.econbiz.de/10012774819

Aid Volatility and Poverty Traps

Agénor, Pierre-Richard - 2013

This paper studies the impact of aid volatility in a two-period model where production may occur with either a traditional or a modern technology. Public spending is productive and quot;time to buildquot; requires expenditure in both periods for the modern technology to be used. The possibility...

Persistent link: https://www.econbiz.de/10012753834

The Effect of Aid on Growth : Evidence from a Quasi-Experiment

Galiani, Sebastián - 2016

The literature on aid and growth has not found a convincing instrumental variable to identify the causal effects of aid. This paper exploits an instrumental variable based on the fact that since 1987, eligibility for aid from the International Development Association (IDA) has been based partly...

Persistent link: https://www.econbiz.de/10012994903

Making Progress on Foreign Aid

Qian, Nancy - 2014

Foreign aid is one of the most important policy tools that rich countries use for helping poor countries to improve population well-being and facilitate economic and institutional development. The empirical evidence on its benefits is mixed and has generated much controversy. This paper presents...

Persistent link: https://www.econbiz.de/10013048582