This article applies a general equilibrium model to analyse the impact of new rice technology on household income and uses agricultural household survey data from China to test the implications of this model. It is shown that, when a new rice technology becomes available, the adopting household...

In 1937, in the midst of the US recovery from the Great Depression, President Roosevelt implemented spending cuts in pursuit of a balanced budget. Subsequently, the unemployment rate jumped nearly 6 percentage points over the next year and the US economy re-entered a major recession. In the...

This paper explores endogenous institution formation under a catching-up strategy in developing countries. Since the catching-up strategy is normally against the compartive advantages of the developing countries, it can not be implemented through laissez-faire market mechanisms, and a government...

ABCDE 2010 Global presents papers from a global gathering of the world’s leading development scholars and practitioners held June 22-24, 2009 in Seoul, Republic of Korea. Paper themes include: Industrial Policy and Development; Social Capital, Institutions, and Development; Financial Crisis...

The Annual World Bank Conference on Development Economics 2011: Development Challenges in a Post-crisis World (ABCDE) presents papers from a global gathering of the world?s leading development scholars and practitioners held May 31 - June 2, 2010. Paper themes include: Environmental Commons and...

We provide an explanation for multi-sourcing, which is often found in the real world and refers to the situation where a final goods producer acquires homogenous components from different suppliers. In the presence of imitation under outsourcing, multi-sourcing helps to deter entry by the...

The Annual World Bank Conference on Development Economics 2011: Development Challenges in a Post-crisis World (ABCDE) presents papers from a global gathering of the world's leading development scholars and practitioners held May 31 - June 2, 2010. Paper themes include: Environmental Commons and...