Showing 1 - 10 of 46
data set from rural Cameroon in which patients can choose between outcome and service based payments. We show that …
Persistent link: https://www.econbiz.de/10012468901
In several countries temporary terms of trade improvements have led to a deterioration of the current account. Furthermore, many of these countries failed to attain greater post-boom growth rates. The point we make is that the structure of the fiscal process is critical in determining outcomes....
Persistent link: https://www.econbiz.de/10012474076
How likely is trade liberalization to produce efficiency gains in the presence of imperfect competition, scale economies, and higher-than-average wages in the modern sectors -- all common features of developing economies? These features create a potential conflict to the extent that traditional...
Persistent link: https://www.econbiz.de/10012475865
The study of autocracies and weakly institutionalized countries is plagued by scarcity of information about the relative strength of different players within the political system. This paper presents novel data on the composition of government coalitions in a sample of fifteen post-colonial...
Persistent link: https://www.econbiz.de/10012460236
This paper examines the relationship between spot and futures prices for a broad range of commodities, including energy … and/or (2) accurate predictor of subsequent spot prices. While energy futures prices are generally unbiased predictors of …
Persistent link: https://www.econbiz.de/10012462821
Federal tax policy provides a broad array of incentives for energy investment. I review those policies and construct … estimates of marginal effective tax rates for different energy capital investments as of 2007. Effective tax rates vary widely …
Persistent link: https://www.econbiz.de/10012463220
I use U.S. patent data from 1970 to 1994 to estimate the effect of energy prices on energy-efficient innovations. Using …-side factors, such as scientific advancements that make new innovations possible. I find that both energy prices and the quality of …
Persistent link: https://www.econbiz.de/10012470440
We show that modifying the standard neoclassical growth model by assuming that competition is imperfect makes it easier to explain the size of the declines in output and real wages that follow increases in the price of oil. Plausibly parameterized models of this type are able to mimic the...
Persistent link: https://www.econbiz.de/10012473211
This paper sets out a simple spatial model of energy exploitation to ask how the location and productivity of energy … resources affects the distribution of economic activity across geographic space. By combining elements from energy economics and … economic geography we link the productivity of energy resources to the incentives for economic activity to agglomerate. We find …
Persistent link: https://www.econbiz.de/10012455716
We estimate an aggregate production function with constant elasticity of substitution between energy and a capital …/labor composite using U.S. data. The implied measure of energy-saving technical change appears to respond strongly to the oil … suggestive of a model of directed technical change, with low short-run substitutability between energy and capital/labor but …
Persistent link: https://www.econbiz.de/10012460204