Showing 81 - 90 of 613
If we understand well the individualization of land tenure rules under conditions of growing land scarcity and increased market integration, much less is known about the mode of evolution of the farm-cum-family units possessing the land. Inspired by first-hand evidence from West Africa, this...
Persistent link: https://www.econbiz.de/10009147518
This paper describes Robinson's (1988) double residual semiparametric regression estimator and Hardle and Mammen's (1993) specification test implementation in Stata. Some simple simulations illustrate how this newly coded estimator outperforms the already available semiparametric plreg command.
Persistent link: https://www.econbiz.de/10009147519
This paper presents a dynamic factor model where the extracted factors and shocks are given a clear economic interpretation. The economic interpretation of the factors is obtained by means of a set of over-identifying loading restrictions, while the structural shocks are estimated following...
Persistent link: https://www.econbiz.de/10008868148
This paper develops a Spatial Vector Auto-Regressive (SpVAR) model that takes into account both the time and the spatial dimensions of economic shocks. We apply this framework to analyze the propagation through space and time of macroeconomic (inflation, output gap and interest rate) shocks in...
Persistent link: https://www.econbiz.de/10008868149
Persistent link: https://www.econbiz.de/10008868150
Recent evidence suggests that aid induces migration. However, total migration is quite general from a policy perspective since what explains the welfare consequences of migration is the extent of emigration selection. In this paper we ask whether skilled or unskilled migration is more sensitive...
Persistent link: https://www.econbiz.de/10008868151
This paper employs a production frontier approach that allows distinguishing technologic progress from efficiency development. Data on 35 African countries in 1970-2007 show that efficiency losses have constrained growth in Africa while technology progress has played a marginal growth enhancing...
Persistent link: https://www.econbiz.de/10008868152
In anarchic settings, the potential rivals are dragged in an arms race that can degenerate in an open war out of mutual suspicion. We propose a novel commitment device for contestants to avoid both arming and fighting. We allow the players to decentralize the two core decisions that determine...
Persistent link: https://www.econbiz.de/10008868153
This paper discusses possible ways to overcome the situation of physical isolation and the multiple failures that pervade Andean villages. Specifically, it studies a training program developed by a Peruvian NGO, which aims at triggering the development of a market for agricultural services that...
Persistent link: https://www.econbiz.de/10008868154
This paper looks at ‘the other side’ of the much-celebrated microfinance revolution, namely its potential impact on the conditions of access to credit for nonmembers (the residual market). It uses a standard adverse selection framework to show the advantage of group lending as a single...
Persistent link: https://www.econbiz.de/10008869195