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Even as Trinidad and Tobago seeks productive diversification away from the energy sector, the process underlying the country s productive development policies (PDP) is in a state of transition from state-directed industrial policy to a newer approach with extensive private-public participation....
Persistent link: https://www.econbiz.de/10010247922
In this paper, the author examines the current structure of the tax system for hydrocarbon production in Trinidad and Tobago in light of global trends in hydrocarbon taxation. Some of the main features of the tax regime are compared and benchmarked against what the literature has defined as best...
Persistent link: https://www.econbiz.de/10011458076
Many nations allow private entities to manage publicly funded schools and grant them greater flexibility than traditional public schools. However, isolating the causal effect of attending these privately managed public schools relative to attending traditional public schools is difficult because...
Persistent link: https://www.econbiz.de/10011473317
Persistent link: https://www.econbiz.de/10012404471
Energy revenues represent roughly 45 percent of Trinidad and Tobago's GDP and are highly volatile since they are correlated with the price of oil and gas. Hence, sharp changes in energy prices, whether temporary or sustained, can have important consequences for economic growth and overall...
Persistent link: https://www.econbiz.de/10011575513
Is a school's impact on high-stakes test scores a good measure of its overall impact on students? Do parents value school impacts on high-stakes tests, longer-run outcomes, or both? To answer the first question, we apply quasi-Experimental methods to data from Trinidad and Tobago and estimate...
Persistent link: https://www.econbiz.de/10012052137
In the light of Trinidad and Tobago’s colonial history, its labour market is characterized by two about equal sized majority racial groups that had during colonialism been highly segregated in terms of education, occupation, industry and sector of work and facing a large institutionalized pay...
Persistent link: https://www.econbiz.de/10011926189
In this paper, we study the effect of share issue privatization (SIP) on private investment and financial market under … privatization (crowding-out effect). Vice-versa with risk aversion and perfect intertemporal substitutability (diversification … of the crowding-out effect, when the revenues of privatization are devoted to present public consumption. …
Persistent link: https://www.econbiz.de/10011598289
In 1997, France Telecom, the state-owned French telephone company, went through a partial privatization. We adapt a …
Persistent link: https://www.econbiz.de/10011598295
We investigate the role of ownership structure and investor protection in postprivatization corporate governance. We find that the government relinquishes control over time, mainly to the benefit of local institutions and foreign investors. We also show that private ownership tends to...
Persistent link: https://www.econbiz.de/10011591071