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Adverse shocks to rich countries often have a large and persistent negative impact on investment and output in developing countries. This paper examines a transmission mechanism that can account for this stylized fact. The mechanism is based on the existence of international financial frictions....
Persistent link: https://www.econbiz.de/10012976389
Although the potentially negative impacts of credit constraints on economic development have long been discussed conceptually, empirical evidence for Africa remains limited. This study uses a direct elicitation approach for a national sample of Rwandan rural households to assess empirically the...
Persistent link: https://www.econbiz.de/10012973527
dataset on the productivity in agriculture substantially changes the conclusions compared to earlier analysis of the same … dataset on the productivity in agriculture substantially changes the conclusions compared to earlier analysis of the same …
Persistent link: https://www.econbiz.de/10012973872
This paper assesses the effects of selected structural reforms on labor productivity growth for 37 developing countries … Arrangements data set and firm-level productivity from the World Bank Enterprise Surveys. The paper highlights the following … -- significantly improve productivity at the firm level. Interestingly, real sector reforms have the most sizable effects on firms …
Persistent link: https://www.econbiz.de/10012929814
Many developing countries are unable to provide their industrial sector with reliable power and many enterprises have to contend with electricity that is insufficient and of poor quality. Because of these constraints, firms in developing countries opt for self-generation even though it is widely...
Persistent link: https://www.econbiz.de/10012976255
compares the level of labor productivity in 22 upper-middle-income countries and 11 high-income countries for which comparable … data are available. The results show that labor productivity in the upper-middle-income countries is about 57.5 percent … lower than in the high-income countries. The productivity difference is robust and holds for firms of different sizes and …
Persistent link: https://www.econbiz.de/10012858273
Developing countries have urbanized rapidly since 1950. To explain urbanization, standard models emphasize rural-urban migration, focusing on rural push factors (agricultural modernization and rural poverty) and urban pull factors (industrialization and urban-biased policies). Using new...
Persistent link: https://www.econbiz.de/10012971521
This paper decomposes manufacturing import growth rates in a selected set of large industrial and developing countries (five industrial and eight developing) and measures the relative contributions of domestic demand and market share changes for two separate periods 1991/92 - 2001/02 and 2001/02...
Persistent link: https://www.econbiz.de/10012974580
One key contentious issue in climate change negotiations is the huge difference in carbon dioxide (CO2) emissions per capita between more advanced industrialized countries and other nations. This paper analyzes the costs of reducing this gap. Simulations using a global computable general...
Persistent link: https://www.econbiz.de/10012975152
The aim of this paper is twofold. First, it documents the changing global landscape before and after the crisis, emphasizing the shift towards multipolarity. In particular, it emphasizes the ascent of developing countries in the global economy before, during, and after the crisis. Second, it...
Persistent link: https://www.econbiz.de/10012975849