This paper develops a general framework to allocate subsidies to private investments in the presence of jobs-linked externalities (JLEs). JLEs emerge when wages exceed the opportunity cost of labor (labor externalities), or when there are social gains from creating better jobs for some classes...

Governments often aim to influence the amount and sectoral allocation of private investments through explicit or implicit subsidies. The rules used to select projects to benefit from subsidies may vary, depending on the policy objective. This paper develops a general framework to allocate...

Governments often aim to influence the amount and sectoral allocation of private investments through explicit or implicit subsidies. The rules used to select projects to benefit from subsidies may vary, depending on the policy objective. This paper develops a general framework to allocate...

This paper develops a general framework to allocate subsidies to private investments in the presence of jobs-linked externalities (JLEs). JLEs emerge when wages exceed the opportunity cost of labor (labor externalities), or when there are social gains from creating better jobs for some classes...

Agricultural firms in developing countries may decide to implement aggregation schemes, typically through contract farming arrangements (CFAs). The firms' rationale for engaging in aggregation is likely to be based on their own anticipated financial gains. But research shows that CFAs can also...

Agricultural firms in developing countries may decide to implement aggregation schemes, typically through contract farming arrangements (CFAs). The firms' rationale for engaging in aggregation is likely to be based on their own anticipated financial gains. But research shows that CFAs can also...