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作者:Aggarwal, Raavi
作者单位:Indian Statistical Institute; Indian Statistical Institute Delhi
摘要:Carbon taxation is suggested as an efficient instrument for the clean energy transition. However, high resulting prices for coal and electricity could adversely impact industrial performance and employment by raising production costs. Integration of renewable energy in the electricity grid could stabilise electricity prices. We estimate the elasticity of substitution between labour and electricity among the formal and informal manufacturing sector in India. The results show labour and electric...
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作者:Hoy, Christopher; Kim, Yeon Soo; Nguyen, Minh Cong; Sosa, Mariano; Tiwari, Sailesh
作者单位:The World Bank
摘要:This study examines which factors influence support for reducing fossil fuel subsidies and what types of information shift people's views through surveying 37,000 respondents across 12 middle-income countries that provided over US$750 billion in explicit and implicit subsidies for fossil fuels in 2022. Respondents were randomly allocated to receive information about the relative cost of fossil fuel subsidies, how they are regressive, or worsen climate change and air pollution. They were then a...
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作者:Hu, Zhi-An; Luo, Wei
作者单位:Central University of Finance & Economics; University of Jinan
摘要:Can governments promote national integration through compulsory education? We examine this question in the context of China's Compulsory Education Law, which was initiated in 1986 and implemented across provinces in subsequent years. Exploiting variation in individual exposure to the policy during ages 6-15, we find that ethnic minorities with longer exposure were more likely to enter interethnic marriages. This effect is stronger in regions with lower residential segregation and among groups ...
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作者:Jones, Sam; Schilling, Felix; Tarp, Finn
作者单位:Copenhagen Business School; University of Copenhagen
摘要:This study shows how political elites and their families derive private business benefits from public office through ownership of firms. Looking over more than four decades in Mozambique, we combine a new database of politically exposed persons (PEPs) with the universe of formally-registered firms and their beneficial owners. Based on generalized event study methods, we differentiate between static and dynamic effects of political office on metrics of private business capital. We find that bec...
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作者:Ma, Hong; Xu, Mingzhi; You, Wei; Feng, Jinmei
作者单位:Tsinghua University; Peking University
摘要:This study estimates the causal impact of the massive installation of surveillance cameras on crime, using novel data from China between 2014 and 2019. Leveraging the preexisting presence of local camera manufacturers as an instrument for camera deployment intensity, we find that cities with denser surveillance networks experienced significantly steeper declines in crime. The reduction is more pronounced for publicly visible crimes. Enhanced surveillance is linked to higher satisfaction with t...
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作者:Chen, Ming; Chen, Wen; Feng, Ling; Li, Zhiyuan; Swenson, Deborah L.
作者单位:Shanghai University of International Business & Economics; Xiamen University; Shanghai University of Finance & Economics; Shanghai Institute of International Finance & Economics; Fudan University; University of California System; University of California Davis; National Bureau of Economic Research
摘要:This paper studies the aftermath of unsuccessful antidumping investigations that failed to achieve positive antidumping findings or antidumping duties against foreign exporters. While failed investigations might be viewed as benign, unsuccessful investigations may nonetheless elevate trade policy uncertainty since investigated products face dramatically increased probabilities of future antidumping investigations. Our analysis of Chinese firm export dynamics following unsuccessful U.S. antidum...
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作者:Shen, Zhenyu; Si, Ruichao; Xu, Gang
作者单位:Princeton University; Zhejiang University; Nankai University
摘要:This study examines the impact of anti-corruption campaigns on regional economic development in a developmental state with weak market-supporting institutions. By leveraging staggered investigations of city leaders' political patrons amid the recent corruption crackdown in China, we find that cities led by officials connected to investigated high-ranking officials experience a notable decline in economic performance. This decline is most plausibly attributed to diminished corruption-induced ef...
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作者:Lian, Lili; Zhang, Jingyi
作者单位:Shanghai University of Finance & Economics; Peking University Shenzhen Graduate School (PKU Shenzhen); Peking University
摘要:In China, state owners make minority equity investments in private firms. We study the allocative implications of such government investments using a two-sector DSGE model with financial friction and idiosyncratic productivities. In our model, private owners are more productive than state owners but face tighter financial constraints. Equity investment by a state owner alleviates the private owner's financial constraint but dampens its own productivity, consistent with Chinese firm-level data....
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作者:Bloem, Jeffrey R.; Lundberg, Clark
作者单位:CGIAR; International Food Policy Research Institute (IFPRI); California State University System; San Diego State University
摘要:We study the effect of the adoption of improved agricultural inputs on deforestation using a randomized control trial in Nigeria which introduced a more efficient and environmentally-friendly nitrogen fertilizer. We combine survey data from the intervention with earth observation data to develop a generalizable method for evaluating the effects of cluster-level interventions on landscape-level outcomes. We find evidence of an intensification response to treatment exposure that reflects signifi...
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作者:Parfitt, Rafael; Pantaleao, Bruno; Kopittke, Alberto
作者单位:Getulio Vargas Foundation; Getulio Vargas Foundation; Getulio Vargas Foundation; Universidade Federal do Rio Grande do Sul
摘要:We evaluate the impact of a results-based management program in Brazil designed to improve police service delivery through more efficient resource allocation, data-driven personnel deployment, and targeted interventions in high-violence areas. Exploiting the staggered implementation of the program across 2,355 municipalities in nine Brazilian states over two decades, we estimate its causal effect on homicide rates using a staggered difference-in-differences approach. We find that the reform su...