This paper presents empirical evidence pertaining to the"adding up problem"and the"fallacy of composition". It is shown that, rather than market constraint in the developed countries, export growth in the developing countries is largely determined by supply factors. Thus, the deceleration of...

The signing of a concession contract for the Buenos Aires water and sanitation system in December 1992, attracted worldwide attention, and caused considerable controversy in Argentina. It was one of the world's largest concessions, but the case was also interesting for other reasons. The...

Economists have criticized regulations that impose uniform environmental standards on plants that may face different marginal abatement costs and damage functions. Such critics ignore the difference in standard implementation across plants, giving rise to nonuniform standards. The authors...

The authors discuss when and how to adjust expenditures derived from household surveys to reflect the consumption of basic services. They discuss simple adjustment methods for markets that are subsidized, rationed, or subject to increasing marginal tariff pricing. Using Ecuador as an example,...

Conducting cost-benefit analyses of health and safety regulations requires placing a dollar value on reductions in health risks, including the risk of death. In the United States, mortality risks are often valued using compensating-wage differentials. These differentials measure what a worker...

The effects of public investments aimed at directly improving children's health are theoretically ambiguous, since the outcomes also depend on indirect effects through parental inputs. The authors investigate the role of such inputs in influencing the incidence of child health gains from access...

The case in Mexico City offered an opportunity to observe the advantages, and disadvantages of gradualist reform. Unfortunately, the authors find that the long-term nature of an incremental approach does not match well with the generally shorter-term horizons of elected politicians. Difficult...

This paper provides an overview of approaches to the economic regulation of piped water supply and sewerage systems. The discussion emphasizes the particular importance that quality issues take on in water systems relative to any other infrastructure sector. Water quality is obviously important...

Exports of textile products originating from Sub-Saharan African countries have grown dramatically in the past decade. Recent trade initiatives, such as the"African Growth Opportunity Act"and"Everything but Arms,"along with low labor costs and improved integration into world markets, are giving...

The Bolivian government awarded a concession for water and sewer services in La Pazand El Alto in 1997. One goal of doing so was to expand in-house water and sewer service to low-income households. The author uses the Aguas del Illimani case to explore how the design of typical concession...