The paper examined the impact of Minimum Support Price (MSP) in adoption of agricultural technology and increasing production and buffer stocks of cereals, pulses and oilseeds in India. The results indicate that the food policy should balance interest of farmers in enhancing their incomes and...

This article presents a new framework for the impact evaluation studies of programs that aim to increase efficiency and productivity of firms. Likelihood ratio statistics support a spatial autoregressive stochastic production model that estimates the technical efficiencies of matched subsamples...

This paper estimates the impact of an agricultural technology adoption program on agricultural production and income using an experimental approach. The context of analysis is the Program for the Support of Innovation in Agricultural Technology (PATCA II) implemented in the Dominican Republic....

I study the causal effect of the European Union Emissions Trading System (EU ETS) on the productivity of German manufacturing firms. Using administrative firm-level data, I estimate robust production functions for narrowly defined industries. This approach allows for an endogenous dynamic...

What is the effect of cash injections during financial crises? Exploiting county-level variation arising from random weather shocks during the 1980s Farm Debt Crisis, we analyze and measure the effect of local cash flow shocks on the real and financial sector. We show that such cash flow shocks...

We examine thousands of U.S. private equity (PE) buyouts from 1980 to 2013, a period that saw huge swings in credit market tightness and GDP growth. Our results show striking, systematic differences in the real-side effects of PE buyouts, depending on buyout type and external conditions....

On May 5, 2020, the U.S. Trade Representative announced plans to negotiate a free trade agreement with the United Kingdom. We use GTAP to model the economic impacts of this free trade agreement, exclusively focusing on the bilateral tariff elimination. We find that a standard GTAP model leads to...

Micro, Small and Medium Enterprises (MSMEs) are the backbone of the Indian manufacturing sector, contributing nearly a third of India's GDP and providing employment to over 110 million workers. Beginning on the 25th of March 2020, the Government of India has imposed one of the strictest...

The paper investigates the financial vulnerability of non-financial firms during the Coronavirus (COVID-19) epidemic crisis. In particular, it evaluates the extent to which firms may run into a liquidity crisis following the COVID-19 outbreak and the impact of stylised policy measures to reduce...

I study the causal effect of the European Union Emissions Trading System (EU ETS) on the productivity of German manufacturing firms. Using administrative firm-level data, I estimate robust production functions for narrowly defined industries. This approach allows for an endogenous dynamic...