Showing 1 - 10 of 104
This paper estimates the mobility costs of workers across sectors and regions in a large sample of developing countries. The paper develops a new methodology that uses cross-sectional data only. This is motivated by the fact that panel data typically are not available for most developing...
Persistent link: https://www.econbiz.de/10012944249
This paper analyzes the important, yet often ignored, link between capital adjustment and the choice of fuels used by manufacturing firms. A novel econometric framework, which explicitly incorporates heterogeneous fuel-using capital stocks in the estimation of optimal fuel choice, is applied to...
Persistent link: https://www.econbiz.de/10012967831
Informal employment is ubiquitous in developing countries, but few studies have estimated workers'switching costs between informal and formal employment. This paper builds on the empirical literature grounded in discrete choice models to estimate these costs. The results suggest that...
Persistent link: https://www.econbiz.de/10012973978
The scope and complexity of international trading arrangements in the Middle East, as well as their spotty historical record of success, underscores the urgent need for an adequate understanding of the relative costs and benefits of participation in preferential trading arrangements and, more...
Persistent link: https://www.econbiz.de/10012976447
promoted. Co-benefits are defined as positive externalities that arise deliberately as a result of a joint strategy that …
Persistent link: https://www.econbiz.de/10012969533
It is widely accepted that the costs of underpricing energy are large, whether in advanced or developing countries. This paper explores how large these costs can be by focussing on the size of the external effects that energy subsidies in particular generate in two important sectors?transport...
Persistent link: https://www.econbiz.de/10012971924
outcomes. The paper argues that the development marketplace is beset by market imperfections because of externalities …
Persistent link: https://www.econbiz.de/10012972606
-mile tolls could target congestion and accident externalities more efficiently than fuel taxes, although they are not practical … externalities (versus $0.22 without fuel taxes) would be most efficient. Current public bus and rail subsidies are relatively close … to efficient levels in the absence of such policies; however, if automobile and microbus externalities were fully …
Persistent link: https://www.econbiz.de/10012975197
Does an unregulated financial system absorb too many productive inputs? This paper studies this question in the context of a dynamic model with heterogeneous producers. In the absence of a financial system, the only way to purchase inputs is using internal funds. Producers are subject to...
Persistent link: https://www.econbiz.de/10012975247
This paper studies the growth effects of externalities associated with intergenerational health transmission, health …
Persistent link: https://www.econbiz.de/10012976264