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studies attempted to answer this question using ad hoc measures of port efficiency that do not control for the actual use of … port assets or measures that can be very noisy. To avoid these problems, this paper builds a measure of economic efficiency … Western Pacific Oceans in terms of their port efficiency, and assesses the effect of increased efficiency. It finds that …
Persistent link: https://www.econbiz.de/10012946956
Evidence shows that foreign direct investment can provide many benefits to host countries, including productivity improvements, better jobs, and knowledge transfer. Further, it can serve as a vehicle for transformation of domestic production and better integration with global value chains....
Persistent link: https://www.econbiz.de/10012970841
, the impacts of these institutions are smaller than the heat of the debates would suggest. Efficiency effects of labor …
Persistent link: https://www.econbiz.de/10012974809
efficiency. Only top-phase MTEFs have a significantly positive effect on technical efficiency …
Persistent link: https://www.econbiz.de/10012975007
This paper discusses the analytical foundations of international comparisons for assessing a country's potential for improvement along various dimensions of social and economic development. The paper presents the Stochastic Frontier approach and applies it to estimate feasible frontiers or...
Persistent link: https://www.econbiz.de/10012828629
Fiscal equalization programs are fairly common features of intergovernmental fiscal relations in industrial countries. Some developing countries have also recently introduced these programs and still others are contemplating such programs. Institutional arrangements for fiscal equalization vary...
Persistent link: https://www.econbiz.de/10012783437
Persistent link: https://www.econbiz.de/10012971048
This paper considers institutional and structural factors associated with investment activity in a panel of up to 129 developed and developing countries. It introduces these factors to a standard neoclassical investment function for open economies, and find that financial development and...
Persistent link: https://www.econbiz.de/10012974036
This paper examines whether natural resource dependence has a negative influence on various indicators of institutional quality when controlling for the potential effects of other geographic, economic and cultural initial conditions. Analysis of a panel of countries from 1996 to 2010 indicates...
Persistent link: https://www.econbiz.de/10012975086
Does related lending have positive or negative effects on the development of banking systems? This paper analyzes a unique cross-country data set covering 74 countries from 1990 to 2007, and finds that related lending, on average, does not have any effect on the growth of credit. The authors do...
Persistent link: https://www.econbiz.de/10012976158