Showing 1 - 10 of 1,091
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
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
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
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
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
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
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
We examine the effects of aid on growth in cross-sectional and panel data—after correcting for the possible bias that poorer (or stronger) growth may draw aid contributions to recipient countries. Even after this correction, we find little robust evidence of a positive (or negative)...
Persistent link: https://www.econbiz.de/10013223174
Debt relief is unlikely to stimulate investment and growth in the world's highly indebted poor countries (HIPCs). This is because the HIPCs do not suffer from debt overhang. The principal obstacle to investment and growth in the world's poorest countries is a lack of basic economic institutions...
Persistent link: https://www.econbiz.de/10013223593
Critics of foreign aid programs argue that these funds often support corrupt governments and inefficient bureaucracies. Supporters argue that foreign aid can be used to reward good governments. This paper documents that there is no evidence that less corrupt governments receive more foreign aid....
Persistent link: https://www.econbiz.de/10013224931