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This paper provides novel evidence on the impact of changes in energy prices on manufacturing performance in two large developing economies-Indonesia and Mexico. It finds that unlike increases in electricity prices, which harm plants' performance, fuel price hikes result in higher productivity...
Persistent link: https://www.econbiz.de/10012121228
Iran with and without strategic responses. Iran benefits the most, with average per capita welfare gains ranging from close … to 3 percent, in the case when Iran's crude oil exports to the European Union recover to half their pre-embargo level, to … that enable a strong supply response, and increased market access for Iranian exports in developed markets. Iran could …
Persistent link: https://www.econbiz.de/10012246487
Facing a fiscal crisis, the Islamic Republic of Iran decided to increase gasoline prices at the end of 2019. This paper … Expenditure and Income Survey conducted by the Statistical Center of Iran in March 2018-March 2019. The paper looks at the direct …
Persistent link: https://www.econbiz.de/10012241117
The devolution of procurement responsibilities to local levels of government is increasingly occurring across South Asia. This trend is significant because increasingly localized decision-making better enables communities to hold government authorities accountable for the effectiveness of public...
Persistent link: https://www.econbiz.de/10012247143
Welcome to the Spring 2019 edition of the World Bank's Madagascar Economic Update, which presents recent economic developments and our medium-term outlook. The economy has continued to perform well, with growth in 2018 estimated at 5.2 percent, above regional and global averages. External demand...
Persistent link: https://www.econbiz.de/10012646116
The transport sector offers limited options to reduce greenhouse gas emissions as compared with other sectors, such as power generation and industrial sectors. To understand the potential reduction of energy consumption and associated emissions through fuel substitution or transportation service...
Persistent link: https://www.econbiz.de/10012246045
In most large cities in developing countries, buses continue to be the public transport option of choice, carrying a large share of urban travelers. However, transit bus companies in these countries are often cash-strapped. In many cases, the operating cost per bus kilometer exceeds revenues and...
Persistent link: https://www.econbiz.de/10012247974
Persistent link: https://www.econbiz.de/10012248601
Accurately measuring oil production in low-governance contexts is an important task. Many terrorist organizations and insurgencies-including the Islamic State group, also known as ISIL/ISIS or Daesh-tap oil as a revenue source. Understanding spatial and temporal variation in production in their...
Persistent link: https://www.econbiz.de/10012245532
Previous sharp oil price declines have been accompanied by elevated ex post volatility. In contrast, volatility was much less elevated during the oil price crash in 2014/15. This paper provides evidence that oil prices declined in a relatively measured manner during 2014/15, with dispersion of...
Persistent link: https://www.econbiz.de/10012245707