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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
government in the developing world, where nationally appointed bureaucrats and locally elected politicians together manage the … these bureaucrats and politicians matter for the productivity of local bureaucracies. This paper addresses the empirical gap … of bureaucrats and politicians. It finds robust evidence that higher integrity among locally elected politicians is …
Persistent link: https://www.econbiz.de/10012906601
This paper investigates, both theoretically and empirically, the role of factional competition and local accountability in explaining the enormous but puzzling county-level variations in development performance in Fujian province of China. When the Communist armies took over Fujian from the...
Persistent link: https://www.econbiz.de/10012871367
Voters commonly face a choice between competent candidates and those with policy preferences similar to their own. This paper explores how electoral rules, such as district magnitude, mediate this trade-off and affect the composition of representative bodies and policy outcomes. The paper shows...
Persistent link: https://www.econbiz.de/10012971422
The serious implications of privatizing state-owned enterprises for politicians, managers, and investors make such … effects. A unique opportunity for this identification arises from a rule of promotion of local politicians based on age …
Persistent link: https://www.econbiz.de/10012832607
This paper examines the causal relationship between energy efficiency and economic growth based on panel data for 56 high- and middle-income countries from 1978 to 2012. Using a panel vector autoregression approach, the study finds evidence of a long-run Granger causality from economic growth to...
Persistent link: https://www.econbiz.de/10012954323
main effect. They test the theory using the World Val-ues Survey as a source of proxies for morality. Using their preferred …
Persistent link: https://www.econbiz.de/10012975907
This paper analyzes the impact of Covid-19 and uncooperative trade policies on world food markets. It quantifies the … percent on average. Escalating export restrictions would multiply the initial shock by a factor of 3, with world food prices …
Persistent link: https://www.econbiz.de/10012833536
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …
Persistent link: https://www.econbiz.de/10012840241
Although emerging market and developing economies (EMDEs) weathered the global recession a decade ago relatively well, they now appear less well placed to cope with the substantial downside risks facing the global economy. In many EMDEs, the room for monetary and fiscal policies to respond to...
Persistent link: https://www.econbiz.de/10012841602