The authors investigate whether factor prices matter in agricultural production and in the selection of production technology. Each stage of the analysis corroborates the inducement hypothesis, which implies that factor prices do matter in agricultural production and in the selection of...

Large and sustained differences in economic performance across regions of developing countries have long provided motivation for fiscal incentives designed to encourage firm entry in lagging areas. But empirical evidence in support of these policies has been weak at best. The authors undertake a...

Since 1984, the Unified Survey has been the World Bank's principle mechanism for gathering quantitative macroeconomic information from country teams on Bank member countries. After gathering annual data those teams also do most-likely-scenario projections. The author examines the numerical...

The authors present new estimates of educational attainment in 71 developing countries for the years 1985, 1990 and 1995. They also project levels of educational attainment through the year 2020 by using the United Nations Educational, Scientific, and Cultural Organization's projections of...

This paper applies meta-analysis techniques to a sample of 37 studies published during 2004-2011. These papers assess the impact of direct subsidies on business research and development. The results show that the effect of public investment on research and development is predominantly positive...

This paper explores fundamental issues affecting technology commercialization of publicly funded research and development (R&D) in the Russian Federation. Despite substantial R&D investments, Russia has experienced a decline in scientific output and employment. Nevertheless, the innovation...

This paper uses a new data set of 12,000 firms in China to estimate the returns to research and development investment and its spillover effects, and investigates how the returns to research and development depend on firm incentives. For the firms in the sample, the results show that on average...

For a representative sample of manufacturing firms in 26 countries, this paper shows that changes in the cost of importing over time are significantly and negatively correlated with changes in the percentage of firms'material inputs that are of foreign origin. Furthermore, the paper shows that...

This paper assesses the impact of a change in the price of cashew received by exporters in general -- and by FUNPI, a fund to promote the industrialization of agricultural products, in particular -- on farmgate prices and poverty in Guinea-Bissau. The analysis builds a theoretical model of...

This paper examines how financial development influences foreign direct investment. The direct and indirect sector-specific effects that source countries'financial development and destination countries'financial development can have on foreign direct investment are first identified in a...