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This paper presents a study of willingness-to-pay of the Armenian Diaspora in the United States to protect Armenia's Lake Sevan, a unique and precious symbol of the Armenian cultural heritage. Dichotomous choice contingent valuation questions were asked by mail surveys to elicit...
Persistent link: https://www.econbiz.de/10005079485
The authors use a computable general equilibrium model of the Russian economy to assess the impact of accession to the World Trade Organization (WTO), which encompasses improved market access, tariff reduction, and reduction of barriers against multinational service providers. They assume that...
Persistent link: https://www.econbiz.de/10005079489
principles of transparency in procurement. While transparency will not constrain the ability of governments to discriminate in … transparency in state contracting. Their analysis concludes that greater domestic competition on procurement markets and greater … transparency will improve economic welfare. But there is no clear-cut effect on market access of ending discrimination or improving …
Persistent link: https://www.econbiz.de/10005079495
The authors provide an empirical evaluation of the impact of infrastructure development on economic growth and income distribution using a large panel data set encompassing over 100 countries and spanning the years 1960-2000. The empirical strategy involves the estimation of simple equations for...
Persistent link: https://www.econbiz.de/10005079502
By explicitly accounting for the interaction between importers and corrupt customs officials, the author argues that setting trade tariff rates at a uniform level, limits public official's ability to extract bribes from importers. If the government's main objective is to raise revenues at the...
Persistent link: https://www.econbiz.de/10005079511
The link between economic growth, and better provision of infrastructure services may be unproven, but it is clear that reforms to make infrastructure services more competitive (where possible), and to provide strong, and independent economic regulation of natural monopolies, do create an...
Persistent link: https://www.econbiz.de/10005079518
Economists often argue that the level and structure of a country's trade barriers and the quality of its governance … cross-country indices of the quality of governance and statistics on developing countries'trade barriers. The authors use … new sources of empirical information to test the influence of trade and governance policies on economic performance. They …
Persistent link: https://www.econbiz.de/10005079533
A recent but rapidly growing empirical literature focuses on the relationship between public and private capital. But for the most part, it ignores the heterogeneity of public investment. In many countries, especially in the developing world, public investment includes not only basic...
Persistent link: https://www.econbiz.de/10005079546
If the marginal gains from investment in physical capital depend positively on knowledge, but a household cannot hire skilled labor to compensate for low skills, then even if it has access to credit, the household will achieve lower returns than an educated household. If, as is common, the...
Persistent link: https://www.econbiz.de/10005079551
The authors evaluate the effect of various community level infrastructure rehabilitation projects undertaken in rural Georgia on household well-being. Their analysis is based on combining household and community level survey data. The authors'empirical approach uses the panel structure of the...
Persistent link: https://www.econbiz.de/10005079590