Showing 1 - 10 of 2,912
This paper presents a political economy model of public standards in an open economy model. We use the model to derive … discusses how the level of development influences the political equilibrium. We also analyze the relation between trade and the …-standardization?or `over-standardization?results, and which standards can be labeled as (producer)protectionist measures. …
Persistent link: https://www.econbiz.de/10010313360
An important evaluation problem in developing countries is assessing the value and optimal use of environmental resources as inputs into production. This is a key methodology required for many general evaluation approaches, e.g. ensuring the most efficient use of a resource requires...
Persistent link: https://www.econbiz.de/10011608454
This paper explores the link between poverty and resource allocation, including the management of natural resources, by chronically indebted rural smallholders in developing countries. The paper proposes a formal intertemporal model of a credit constrained farm household that can invest in...
Persistent link: https://www.econbiz.de/10011608455
This paper shows that bank competition has an intrinsically ambiguous effect on capital accumulation and economic growth. We further demonstrate that banking market structure can be responsible for the emergence of development traps in economies that would otherwise be characterized by unique...
Persistent link: https://www.econbiz.de/10003864581
In the context of production linkages in which downstream producers require freight services provided by transport operators, I show that the strategic choice of using an alternative transport mode does not necessarily induce lower access charges, relative to the standard transport mode....
Persistent link: https://www.econbiz.de/10003855476
In this paper we show that bank competition has an intrinsically ambiguous impact on capital accumulation. We further show that it is also responsible for the emergence of development traps in economies that otherwise would be characterized by unique equilibria. These results explain the...
Persistent link: https://www.econbiz.de/10013138153
This paper shows that bank competition has an intrinsically ambiguous effect on capital accumulation and economic growth. We further demonstrate that banking market structure can be responsible for the emergence of development traps in economies that would otherwise be characterized by unique...
Persistent link: https://www.econbiz.de/10013159013
A detailed examination of Amartya Sen's theory of famines shows that it is logically impossible: it cannot work in the real world. His attempt to apply it to the Bengal Famine of 1943 relies on repeated and consistent misstatements of the evidence in his sources. He relies almost entirely on the...
Persistent link: https://www.econbiz.de/10013009870
This large empirical study of corporate profitability in emerging markets during the 1980s and 1990s measures the intensity of competition. Data on corporate rates of return, profit margins, and output-capital ratios reveal that the recent liberalization has been associated with reduced...
Persistent link: https://www.econbiz.de/10013317725
Many countries are pursuing innovation-led ‘smart' growth, which requires certain types of long-run strategic investments. This paper argues that such investments require public policies that aim to create markets, rather than just ‘fixing' market failures (or system failures). Such...
Persistent link: https://www.econbiz.de/10012997232