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Government Decentralization Under Changing State Capacity : Experimental Evidence From Paraguay
Dal Bó, Ernesto - 2018
Standard models of hierarchy assume that agents and middle managers are better informed than principals about how to implement a particular task. We estimate the value of the informational advantage held by supervisors (middle managers) when ministerial leadership (the principal) introduced a...
Persistent link: https://www.econbiz.de/10012452842
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Moving to Greener Pastures? Multinationals and the Pollution Haven Hypothesis
Eskeland, Gunnar A. - 2002
This paper presents evidence on whether multinationals are flocking to developing country 'pollution havens'. Although we find some evidence that foreign investors locate in sectors with high levels of air pollution, the evidence is weak at best. We then examine whether foreign firms pollute...
Persistent link: https://www.econbiz.de/10012469826
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Is "Learning-by-Exporting" Important? Micro-Dynamic Evidence from Colombia, Mexico and Morocco
Clerides, Sofronis - 1996
Is there any empirical evidence that firms become more efficient after becoming exporters? Do firms that become exporters generate positive spillovers for domestically-oriented producers? In this paper we analyze the causal links between exporting and productivity using firm-level panel data...
Persistent link: https://www.econbiz.de/10012473123
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Estimating the Impact of Microcredit on Those Who Take It Up : Evidence from a Randomized Experiment in Morocco
Crépon, Bruno - 2014
Morocco starting in 2006 by Al Amana, the country's largest microfinance institution. Al Amana was the only MFI operating in …
Persistent link: https://www.econbiz.de/10012458520
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Happiness on Tap : Piped Water Adoption in Urban Morocco
Devoto, Florencia - 2011
We study the demand for household water connections in urban Morocco, and the effect of such connections on household …
Persistent link: https://www.econbiz.de/10012461724
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Centralized versus Decentralized Provision of Local Public Goods : A Political Economy Analysis
Besley, Timothy - 1999
This paper takes a fresh look at the trade-off between centralized and decentralized provision of local public goods …, but districts can receive different levels of local public goods. In a world of benevolent governments, the disadvantages … of centralization stressed in the existing literature disappear, suggesting that the case for decentralization must be …
Persistent link: https://www.econbiz.de/10012471712
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The Efficiency of Decentralized Investment Management Systems
Jones, David S. - 1981
efficient decentralization of investment decisions permits the institution to economize on the information which must be passed …
Persistent link: https://www.econbiz.de/10012478396
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Policy Decentralization and Exchange Rate Management in Interdependent Economies
Buiter, Willem H. - 1980
The paper provides a theoretical framework for analyzing policy formation among independent authorities operating in an interdependent environment. This is then applied to the analysis of optimal monetary policy in a stochastic two-country model with rational expectations. The main conclusions...
Persistent link: https://www.econbiz.de/10012478604
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The Fractured-Land Hypothesis
Fernández-Villaverde, Jesús - 2020
Patterns of political unification and fragmentation have crucial implications for comparative economic development. Diamond (1997) famously argued that "fractured land" was responsible for China's tendency toward political unification and Europe's protracted political fragmentation. We build a...
Persistent link: https://www.econbiz.de/10012481077
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Search Frictions and Efficiency in Decentralized Transportation Markets
Brancaccio, Giulia - 2020
In this paper we explore efficiency and optimal policy in decentralized transportation markets that suffer from search frictions, such as taxicabs, trucks and bulk shipping. We illustrate the impact of two externalities: the well-known thin/thick market externalities and what we call pooling...
Persistent link: https://www.econbiz.de/10012481494