Showing 1 - 10 of 281
To predict economic success and failure, academics and policymakers alike are interested in the differences in institutional structures across natural resource-based economies. This paper uses a political economy framework to examine the effect of institutional variables on per capita...
Persistent link: https://www.econbiz.de/10011472013
Capital spending on infrastructure presents a significant counter-cyclical tool, however contested it might be in a society as unequal as South Africa. The history of racial capitalism, racebased exclusion from economic participation, and an enduring political economy based on the concentration...
Persistent link: https://www.econbiz.de/10013260025
Sharing similar colonial and post-independence civil war experiences, Mozambique and Angola's development paths are often contrasted, with foreign aid-dependent Mozambique hailed a success compared to oil rentier Angola. This paper questions the so-called Mozambican miracle and contrasts it with...
Persistent link: https://www.econbiz.de/10010191185
The focus of this study is rent in the diamond industry. Based on extensive datasets and a discussion of all relevant costs, we present resource rent statistics from the diamond industry in key producer countries in emerging economies such as Angola, Botswana, Democratic Republic of the Congo,...
Persistent link: https://www.econbiz.de/10012434251
Employment in Vietnam and elsewhere in Asia has grown more slowly than GDP over the last several decades. This means GDP per capita is rising. Vietnamese policymakers, however, are concerned that ongoing structural transformation is creating too few jobs. We use data for seven aggregated sectors...
Persistent link: https://www.econbiz.de/10011326184
, and the level of wages in Ecuador. A 12-year panel was built. It allows to overcome the short time span of household data … wages. The high level of non-compliance, and the important share of informal workers call for new policies and institutions …
Persistent link: https://www.econbiz.de/10010228735
There is a large literature on the minimum wage focused on directly exposed firms and geographies. This paper provides new evidence that the minimum wage has significant spillover effects on firms exposed to the minimum wage indirectly via firm supply chains. Using administrative firm-level tax...
Persistent link: https://www.econbiz.de/10012545437
hikes on employment and wages in Viet Nam's micro enterprises, and small and medium enterprises (SMEs), respectively. In … particular, I exploit the differences in the rates of increases in minimum wages across minimum wage regions to identify the …
Persistent link: https://www.econbiz.de/10011635646
on wages and the earnings distribution in the formal and informal sectors. The analysis builds on two thus far separate … strands of literature that investigate the effects of minimum wages and bunching around tax kinks in developing countries … distribution rightward and produces significant and economically meaningful increases in wages in both the formal and informal …
Persistent link: https://www.econbiz.de/10014481169
Faced with more favourable demand conditions, many firms raise wages. However, we show that firms with labour market … instead of increasing wages or employment. Our prediction follows from a simple but novel theoretical insight under a standard … increase wages and employment less, and profits more, in response to revenue productivity shocks, and that there is a break at …
Persistent link: https://www.econbiz.de/10014422416