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Using panel data for 143 countries over the period 1973 - 2002, this paper empirically analyzes the influence of US aid on voting patterns in the UN General Assembly. We use disaggregated aid data to account for the fact that various forms of aid may differ in their ability to induce political...
Persistent link: https://www.econbiz.de/10010277866
Using a dynamic factor model, we uncover four main empirical regularities on international comovements in a long …-run panel of real and nominal variables. First, the contribution of world comovements to domestic output growth has decreased …, international comovements within regions have accounted for the bulk of fluctuations in business cycle and inflation. Fourth, prices …
Persistent link: https://www.econbiz.de/10010277877
It is widely believed that the Millennium Challenge Corporation (MCC) has grossly fallen short of high expectations raised by the Bush administration in 2002. From the perspective of potential recipient countries, the crucial issue is whether the MCC increased the overall pool of aid resources...
Persistent link: https://www.econbiz.de/10010277984
Based on predicted changes in the magnitude and distribution of global precipitation, temperature and river flow under the IPCC SRES A1B and A2 scenarios, this study assesses the potential impacts of climate change and CO2 fertilization on global agriculture. The analysis uses the new version of...
Persistent link: https://www.econbiz.de/10010277985
The previous literature provides a highly ambiguous picture on the impact of trade and investment agreements on FDI. Most empirical studies ignore the actual content of BITs and RTAs, treating them as 'black boxes', despite the diversity of investment provisions constituting the essence of these...
Persistent link: https://www.econbiz.de/10010277989
I investigate the optimal role of carbon sequestration for mitigation in the presence of a ceiling on atmospheric carbon concentration and consider aspects that have so far only been analyzed in the context of a damage function to measure the consequences of climate change for society. I assume...
Persistent link: https://www.econbiz.de/10010277993
. The emergence of an increasing number of new donors may further complicate the coordination of international aid efforts …
Persistent link: https://www.econbiz.de/10010278173
. The emergence of an increasing number of new donors may further complicate the coordination of international aid efforts …
Persistent link: https://www.econbiz.de/10010278175
Using firm level data on 70,000 enterprises in 107 countries, this paper finds important effects of access to finance, business regulations, corruption, and to a lesser extent, infrastructure bottlenecks in explaining patterns of job creation at the firm level. The paper focuses on how the...
Persistent link: https://www.econbiz.de/10010278203
effectiveness of the fiscal response is also discussed. The paper concludes by highlighting the international financial architecture …
Persistent link: https://www.econbiz.de/10010278213